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Amitava Mehra of IMGC on his expectations from Union Budget

I would like to see adequate boost given to the housing sector in terms of lowering of costs, checks and balances to make builders accountable to customer on project delays.

Amitava Mehra        Last Updated: February 17, 2016  | 13:11 IST

Amitava Mehra, CEO, India Mortgage Guarantee Corporation
I would like to see adequate boost given to the housing sector in terms of lowering of costs, checks and balances to make builders accountable to customer on project delays. They should not be able to get away without paying or delivering in time, especially for something that entails a savings of a lifetime

From the perspective of Mortgage Guarantee, the industry also hopes for government's support for the program in order to increase acceptance and reduce the NPA pressure on the system (from a housing perspective). This again, has the ability to link back to furthering housing for all.

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