One of the most significant announcements in the Union Budget 2017 was giving affordable housing an infrastructure status – and this bonanza was received with much enthusiasm by the real estate sector. Combine this with Credit Linked Subsidy Scheme (CLSS) and increase in carpet area for homes eligible for CLSS – it was amply clear that this government means business when it comes to creating affordable housing stock. Yet as we approach Budget 2018, we find the industry has a new list for the Finance Minister. CNBC-TV18’s Manisha Natarajan caught up with experts to find whether the demands are valid.
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India Union Budget 2018: What does Finance Minister Arun Jaitley have up his sleeve? Click here for top and latest Budget 2018 news, views and analyses.