Ms.Pallavi Purandare, General Manager - Marketing, Aristo Realty

"Abolition of wealth tax will attract investors to invest in the properties.Increase in service tax form 12.36% to 14 % will certainly have negative impact on property buyers. Government decision to invest 150 cr in IT sector is much appreciated.Expansion in IT industry would certainly create demand for IT hubs .Increase in Excise duty from 12.36 perc to 12.50 perc would increase cost of construction due to increase in prices of raw material.   This will certainly have an adverse effect on construction industry."