Mumbai, Feb. 1 -- Rahul Mehrotra, managing director and chief executive officer of RHDFCL, praised the Union Budget 2025 presented by Union Finance Minister Nirmala Sitharaman in parliament on Saturday, saying that the budget's focus on affordable housing is a welcome move that will accelerate homeownership aspirations for millions of Indians.
In a statement issued here, he said, ''The extension of interest subsidies, tax incentives for developers, and increased allocation to housing schemes will make homes more accessible to the middle- and lower-income segments. Strengthening financial inclusion through these initiatives will not only boost the real estate sector but also have a positive cascading effect on employment and urban developme...