Budget proposals are a clear positive for the housing sector, especially the affordable home category. This is a solid growth segment, and is currently witnessing over-heated demand.  Subsidy and organised construction, are seeing good pick-up in this segment. We expect this positive trend to continue in the foreseeable future. About 42 per cent of our book would qualify for affordable housing criteria.
Teething initial issues related to GST are behind the sector. It is no longer a dampener. The rate has come down to 5 percent that has made it affordable to buy.