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Taxation is a big hurdle in India: Niranjan Hiranandani - The News
Posted
October 14, 2016
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131
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October 14, 2016
131
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1.53%
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2:47Now PlayingAt the NAREDCO conference in Mumbai, Niranjan Hiranandani, MD, Hiranandani group, who is selling his commercial assets in Powai for 1 billion dollars believes that there is a lot of scope for affordable housing in India but taxation is a big hurdle.
He believes that with high taxation, the vision of affordable housing gets diminished in cities such as Mumbai. Stating that affordable housing has huge potential, he called for simplifying and reducing the taxation to creates millions of houses that a common can buy.
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