Malini Saba, Founder & Chairman, Saba Group shares her views on the union budget
Extending the highway network by 25,000 km as part of PM Gati Shakti's master plan will transform the infrastructure sector
Malini Saba, Founder & Chairman, Saba Group Said: ‘The Union budget focuses on clean technology, sustainable urban life, better governance, and especially the government’s commitment to systematic urban growth, with a strong focus on finding the right balance between metropolises and Tier 2 and Tier 3 cities.
Extending the highway network by 25,000 km as part of PM Gati Shakti’s master plan will transform the infrastructure sector to enable integrated, seamless and timely delivery of projects within budget. It will also motivate private companies to participate in government projects and boost the Indian economy. Reducing corporate surcharges from 12% to 7% is a welcome move for the developer community. The introduction of digital rupees by RBI using blockchain technology will increase the transparency of real estate transactions. We welcome the government’s announcement to work with the state to accelerate affordable housing, land and building permit acquisition times for the middle class and economically weaker sections in urban areas.’