Forum For People's Collective Efforts (FPCE) President Abhay Upadhyay said, "SWAMIH Fund 2 is certainly a step much needed. As stated by the FM that this will help in completing additional 1 lakh dwelling units."
"In order to make one thing right, which is paving the way for smooth registration of plots, the govt is likely to make another major mistake. This will lead to unplanned development in cities," real estate expert Bimalendu Pradhan said.
A retrospective amendment, which comes into effect from July 1, 2017, debars entities, such as commercial real estate companies from claiming ITC on construction costs for their rental buildings.
"In order to make one thing right, which is paving the way for smooth registration of plots, the govt is likely to make another major mistake. This will lead to unplanned development in cities," real estate expert Bimalendu Pradhan said.
Forum For People's Collective Efforts (FPCE) President Abhay Upadhyay said, "SWAMIH Fund 2 is certainly a step much needed. As stated by the FM that this will help in completing additional 1 lakh dwelling units."
Taking serious cognizance of this, municipal commissioner Manisha Khatri instructed the officials concerned to immediately address the grievances and resolve all the pending issues within a week.