- Sumit Berry, Managing Director, BDI Group
Sumit Berry, Managing Director, BDI Group, on the Union Budget 2017-18:
This announcement is a landmark for the real estate sector, which will open new avenues for the affordable housing segment. We welcome and appreciate this decision of the government; it will help the sector get various benefits of infrastructure sector, which was a long time demand of the realty industry. The new measure will reduce costs for developers and attract more investors. It is a great push for the ‘Housing for All’ vision and will also benefit the first-time buyers.