Union Budget 2022: Great expectations

Construction Week speaks to people across the industry to understand expectations from the Union Budget 2022

Sandeep Runwal, president, Naredco Maharashtra, and MD, Runwal Group
The government will continue to put in its sincere efforts in pushing affordable housing. The cap of Rs 2 lakh per annum against interest rate deduction under section 24(b) of the Act needs to be hiked to at least Rs 5 lakh along with removing the Rs 45 lakh cap from affordable housing, which will boost the affordable and mid-segment housing in a big way.