Budget expectations - Mr. Aman Agarwal, Director, KV Developers

Mr. Aman Agarwal, Director, KV Developers

"This time industry needs infrastructure status. Furthermore, Government should come up with simple and effective polices that will ease real estate development approval procedures. Single-window clearances are the need of the hour. The budget needs to increase infrastructure spending in urban areas with a view to unlocking the value of neglected and hidden land assets in suburban and peripheral districts. The Government should address these concerns in the budget, and this should be followed through by RBI in terms of easing the repo rates and relaxing other policy instruments such as the CRR, SLR, etc. to inject liquidity into the system. In my opinion, this is essential if the Indian economy's key sectors such as manufacturing and real estate are to grow."

Source : Equity Bulls

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