Post Budget Reaction: Mr. Ashwani Prakash, Executive Director, Paramount Group

Printer-friendly versionPDF version

“Unfortunately, once again in budget 2013 - 14 real-estate sector has been deprived of the ‘’Industry ‘’status which itself would have given this sector a boost and a long awaited movement.

New Delhi,Delhi, India., March 13, 2013 - (PressReleasePoint) -Mr.Ashwani Prakash, Executive Director, Paramount Group.“Unfortunately, once again in budget 2013 - 14 real-estate sector has been deprived of the ‘’Industry ‘’status which itself would have given this sector a boost and a long awaited movement. Though the finance minister has given an additional relief of Rs 1lac against a home loan of Rs 25lacs which will definitely provide a comfort and rope-in the customers with a dream of their own house. Imposition of 1% TDS on selling of a property with a value of more than 50lacs is bound to show its impact and the property prices in the market particularly high value properties may witness an upward trend.”
 
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
Dmas PR
011-43111421