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1.Budget announcements impact building materials segment

Indirect announcements made in Budget 2020 impact the building materials segment

2.Mahindra Happinest strengthens focus on affordable housing

Happinest Kalyan with industry-first innovations in affordable housing gathers more than 500 applications in the first week.

3.Sustainability in Affordable Housing

The impact of incorporating sustainability in this segment will be huge

4.Budget Reactions | Finance

This year's budget has primarily focused on three key sectors namely agriculture, healthcare and infrastructure. The proposed plan of the government to provide 10 crore poor and under-privileged people with a medical treatment coverage of up to Rs 5 lakh is indeed a laudable step which will alleviate the problem of the poor to a very large extent as healthcare has always been a problem for most of the population.

5.The IPO League

The IPO league is growing - and thriving. In the construction arena, whether it is companies involved in building products, building and infrastructure projects, or state-owned undertakings, the initial public offering (IPO) lane is clearly crowded.

6.Wave City launches affordable homes

Wave Infratech has launched ´Manorath´ in Wave City-NH24 under the Pradhan Mantri Awas Yojna (PMAY). With families residing in floors and plots in Wave City, it gels well with buyers who already have a neighbourhood and the advantage of world-class infrastructure.

7.We will now see the launch of more and more affordable housing projects in the country

Through the announcements made in the Union Budget 2017-18, the government continues to work on its reformist agenda. Extending the incentives for low-cost housing and affordable housing, the announcement of including the segment under infrastructure will provide the necessary boost to the segment.

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