Q:The demand for affordable housing is more but few Tier I cities are not able to supply such kind of property. Will the new government help in this matter?
Latest Answer: The population of buyers looking for affordable housing in the country makes up more than two third of the population of home buyers. But most of the tier-I cities have started going beyond the reach of the Indian middle class, making it increasingly difficult for the middle class to buy a house in these cities. However, with a government promising growth and development at the Centre, the hopes of being able to purchase a property in the big cities have been renewed.
Latest Answer: The Civil Aviation Ministry has submitted a number of proposals like inclusion of aviation turbine fuel (ATF) in declared goods, an infusion of Rs 1,600 crore as additional fund to Air India and tax-free bonds for constructing low-cost airports in small towns.
In addition, it has also been proposed that the custom duty credit scheme should be extended to airports.
