“The governments focus on increased urbanisation, planning and governance along with comprehensive sector development is a step in the right direction. Affordable housing also gets a major boost with housing projects being allotted Rs 48,000 Cr for FY23 and 80 lakh homes under PMAY. The budget's impetus on creating a sustainable urban development policy is also commendable. The Long Term Capital Gain capping at 15% across assets classes is a welcome move for property buyers” by Prashant Solomon, MD, Chintels India & the Hon. Treasurer for CREDAI NCR
About Chintels
Chintels India Ltd. is advancing rapidly in establishing its dominance into the premier league of Developers in prime sectors like Sector 109,108 and 106, amidst the vast land bank acquired by the company over the past decade or so, are now being developed with several housing and commercial projects including an exclusive 168-acre township. Besides its focus on real estate development CIL is actively involved in developing, nurturing and correcting the ailing sectors of humanity and society. Nora Solomon Foundation is the philanthropic extension of CIL through which it conducts its corporate social responsibility. The Foundation is directing its efforts primarily towards the field of education, children with special needs, women and child welfare and healthcare. For further information, please visit www.chintels.com
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