Anuj Puri, chairman and country head, Jones Lang LaSalle Meghraj, said, "We are aware that, by definition, an interim budget will have its limitations."
He added, "We had nevertheless hoped that it would factor in the overall languid state of the real estate sector and provide measures that will assist in energising it. This has clearly not happened, and the next level of hope lies in the coming government introducing proactive addendums to the budget, since it is difficult to sidestep the issues of this important sector.In the final analysis, Indian real estate plays a cornerstone role in the country's overall economy."
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