📢 Coverage Update | Escon Infra Realtor
We are proud to be featured in RealtyNInfra in their latest article:
📰 Budget 2025: Developers Press for Fulfilling Past Demands, Primarily Grant of Industry Status
Neeraj Sharma, MD, Escon Infra Realtors, emphasized key financial reforms needed to boost the real estate sector:
🏡 Enhancing tax incentives under Section 24(b) to ease the financial burden on homebuyers. 🏗 Reinstating input tax credit for under-construction properties to lower construction costs. 🏢 Revising the affordable housing definition to extend tax benefits. 🌍 Granting infrastructure status to improve credit access at lower rates. ♻ Allocating funds for sustainable housing initiatives to drive long-term growth.
💬 "These monetary reforms will not only revitalize the sector but also contribute to the nation’s economic development." – Neeraj Sharma, MD, Escon Infra Realtors
🔗 Read the full article: RealtyNInfra