Jaxay Shah Managing Director of Savvy President of CREDAI Reputed Builders in Gujarat Savvy Infrastructures Pvt. Ltd. S. G. Highway Ahmedabad Gujarat India

As the brand ambassador of GFI Tour, I had the privilege of inaugurating the All India Civil Services Golf Championship on November 4, 2023, marking the commencement of the GFI Tour 2023. It was an honor to be joined by Hon’ble Justice Anupinder Singh Grewal and Hon’ble Justice Arun Kumar Monga. This year, we're not only swinging golf clubs but also making a positive impact through various social initiatives, including plantation drives, the promotion of renewable energy, raising awareness about sustainable growth, providing educational support, and more. I have always believed that sports tournaments serve as an excellent platform for driving social change, and it brings me immense joy that the GFI Tour has so seamlessly integrated golf with social responsibility, making me hopeful that other sports tournaments will follow suit. Congratulations to Mr Aryavir Arya, Founder, Golf Federation India, for the successful hosting of the GFI tour.

As the brand ambassador of GFI Tour, I had the privilege of inaugurating the All India Civil Services Golf Championship on November 4, 2023, marking the commencement of the GFI Tour 2023. It was an honor to be joined by Hon’ble Justice Anupinder Singh Grewal and Hon’ble Justice Arun Kumar Monga. This year, we're not only swinging golf clubs but also making a positive impact through various social initiatives, including plantation drives, the promotion of renewable energy, raising awareness about sustainable growth, providing educational support, and more. I have always believed that sports tournaments serve as an excellent platform for driving social change, and it brings me immense joy that the GFI Tour has so seamlessly integrated golf with social responsibility, making me hopeful that other sports tournaments will follow suit. Congratulations to Mr Aryavir Arya, Founder, Golf Federation India, for the successful hosting of the GFI tour.

As the brand ambassador of GFI Tour, I had the privilege of inaugurating the All India Civil Services Golf Championship on November 4, 2023, marking the commencement of the GFI Tour 2023. It was an honor to be joined by Hon’ble Justice Anupinder Singh Grewal and Hon’ble Justice Arun Kumar Monga. This year, we're not only swinging golf clubs but also making a positive impact through various social initiatives, including plantation drives, the promotion of renewable energy, raising awareness about sustainable growth, providing educational support, and more. I have always believed that sports tournaments serve as an excellent platform for driving social change, and it brings me immense joy that the GFI Tour has so seamlessly integrated golf with social responsibility, making me hopeful that other sports tournaments will follow suit. Congratulations to Mr Aryavir Arya, Founder, Golf Federation India, for the successful hosting of the GFI tour.

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We are hopeful that @FinMinIndia will soon announce other necessary measures by infusion of liquidity, de-cartelization of cement prices to ease #construction on the project sites & increasing tax deduction limits of interest on #homeloans. @PMOIndia https://t.co/PyhFosuL0Q

We are hopeful that @FinMinIndia will soon announce other necessary measures by infusion of liquidity, de-cartelization of cement prices to ease #construction on the project sites & increasing tax deduction limits of interest on #homeloans. @PMOIndia https://t.co/PyhFosuL0Q

We are hopeful that @FinMinIndia will soon announce other necessary measures by infusion of liquidity, de-cartelization of cement prices to ease #construction on the project sites & increasing tax deduction limits of interest on #homeloans. @PMOIndia https://t.co/PyhFosuL0Q

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Finance Minister has many never before announcements for the real estate. Above all, we believe that the nation building potential of the real estate sector stands recognized fully for the first time. Finance Minister has restored the dignity of the real estate sector by his measures. On the whole, I feel is that real estate can now play its role as a game changer for the entire economy and help India climb into double digit growth era. We salute the Hon’ble Finance Minister for according Affordable Housing industry the status of infrastructure. We do not just build houses, but clean and healthy habitats and deserve this treatment. Associated benefits would help us contribute to the cause of Housing for ALL. This is the most important path breaking announcement of the Budget with regard to the real estate sector. Measures such as enlarging the definition of Affordable Housing on the basis of carpet area would go a long way in improving the look and feel of our cities as small 30 square meter units were incapable of serving the aspirational needs of our people. Real estate industry is an important store of wealth for most people. In fact it is the only asset most persons would ever own. Therefore, the long term capital gains tax benefit being made available after two years, helps improve net worth of individuals and hopefully also marketability of their real estate assets. Section 80IBA benefits were available so far if affordable houses were completed in three years. AS approvals themselves take up to 2 years, extension of benefits to five years is a rational measure which would provide the much needed tax incentive to affordable housing. Jaxay shah Preside Elect ( Credai )

Finance Minister has many never before announcements for the real estate. Above all, we believe that the nation building potential of the real estate sector stands recognized fully for the first time. Finance Minister has restored the dignity of the real estate sector by his measures. On the whole, I feel is that real estate can now play its role as a game changer for the entire economy and help India climb into double digit growth era. We salute the Hon’ble Finance Minister for according Affordable Housing industry the status of infrastructure. We do not just build houses, but clean and healthy habitats and deserve this treatment. Associated benefits would help us contribute to the cause of Housing for ALL. This is the most important path breaking announcement of the Budget with regard to the real estate sector. Measures such as enlarging the definition of Affordable Housing on the basis of carpet area would go a long way in improving the look and feel of our cities as small 30 square meter units were incapable of serving the aspirational needs of our people. Real estate industry is an important store of wealth for most people. In fact it is the only asset most persons would ever own. Therefore, the long term capital gains tax benefit being made available after two years, helps improve net worth of individuals and hopefully also marketability of their real estate assets. Section 80IBA benefits were available so far if affordable houses were completed in three years. AS approvals themselves take up to 2 years, extension of benefits to five years is a rational measure which would provide the much needed tax incentive to affordable housing. Jaxay shah Preside Elect ( Credai )

Finance Minister has many never before announcements for the real estate. Above all, we believe that the nation building potential of the real estate sector stands recognized fully for the first time. Finance Minister has restored the dignity of the real estate sector by his measures. On the whole, I feel is that real estate can now play its role as a game changer for the entire economy and help India climb into double digit growth era. We salute the Hon’ble Finance Minister for according Affordable Housing industry the status of infrastructure. We do not just build houses, but clean and healthy habitats and deserve this treatment. Associated benefits would help us contribute to the cause of Housing for ALL. This is the most important path breaking announcement of the Budget with regard to the real estate sector. Measures such as enlarging the definition of Affordable Housing on the basis of carpet area would go a long way in improving the look and feel of our cities as small 30 square meter units were incapable of serving the aspirational needs of our people. Real estate industry is an important store of wealth for most people. In fact it is the only asset most persons would ever own. Therefore, the long term capital gains tax benefit being made available after two years, helps improve net worth of individuals and hopefully also marketability of their real estate assets. Section 80IBA benefits were available so far if affordable houses were completed in three years. AS approvals themselves take up to 2 years, extension of benefits to five years is a rational measure which would provide the much needed tax incentive to affordable housing. Jaxay shah Preside Elect ( Credai )

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Though it is unfortunate that the Central bank left all policy rates unchanged today ,we are still hopeful and understand that maybe the policy makers are waiting till 31 December to see the Final outcome of demonetisation post which an aggressive announcement on rate cuts will be made sooner than later. At this point in time the confidence of the Indian public needs a boost and we are sure that the government will certainly step in to ensure that India's growth story is not disrupted in any manner whatsoever. Although Governor has said , in reply to a question , that midway review is possible as d situation pans out . Thats a saving grace . Predicament of d Gov in this extremely fluid situation is quite understandable Jaxay shah National President Elect Credai Jaxay shah .