Budget Expectation- Mr. Ashwani Prakash, Executive Director, Paramount Group

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The Real-Estate sector, at present is the major contributor to GDP of the country and at the same time has emerged as an important employment provider. The sector has also contributed in building up the infrastructure across the country and thus has put the country on the global map.

New Delhi,Delhi, India., February 22, 2013 - (PressReleasePoint) -“The Real-Estate sector, at present is the major contributor to GDP of the country and at the same time has emerged as an important employment provider. The sector has also contributed in building up the infrastructure across the country and thus has put the country on the global map.
In spite of the above status the long pending demand of this sector to provide it an industrial status has not been taken care of by the government. This year also the real-estate sector expects that its foremost expectation would be looked into by the government and the sector would be declared as an industry in the coming budget.”

“Other factors which should be considered in the coming budget are:-
1) Increase in the rebate on housing loan interest. Increase in income tax rebate on housing loan interest.
2) Rationalization of taxes on raw materials.”

About Paramount Group
Paramount Group is a 16-year-old real estate company set up by Mr. Mukesh Agarwal. An ISO 9001:2000 certified organization; Paramount has associated with architects from Singapore for quality control and project management, which has helped the company in developing some of the artistic and modern buildings of the times.
Paramount Group has a team of highly experienced engineers, renowned architects, and qualified management professionals. The forte of the Paramount Group lies in offering its customers unmatched pieces of architecture at unparallel prices and timely possession.
Paramount has many projects under its aegis and has been involved in building the modern and finest residential and commercial complexes in Delhi and National Capital Region (NCR). Paramount Group is the member of Indian Green Building Council.

For further information, please contact:
Chandni Jangir I Dmas PR I 011-43111400-421