Mr. Nirav Choksi, CEO & Co-founder, CredAble
As India anticipates the upcoming budget announcement, Mr. Nirav Choksi, CEO & Co-founder of CredAble, has shared his insights on the budget’s potential impact on the Fintech sector, as well as more specific comments on MSME lending and Digital Lending. I’ve attached his full quotes for your reference and would be happy for you to choose any one of them that aligns best with your story angle.
Mr Piyush Bothra, Co-Founder and CFO, Square Yards
“As we enter 2025, real estate stands poised for crucial new reforms to drive its growth. A key priority is adjusting the affordable housing price cap beyond the current Rs. 45 lakhs to align with rising development costs in metropolitan areas. Another significant expectation is to increase the tax deduction limit on home loan interest from Rs. 2 lakhs to Rs. 4 lakhs, providing tangible relief to aspiring homeowners. Reduced GST rates will further enhance market vibrancy, creating a more accessible pricing structure. Finally, introducing tax incentives under Section 80C for investments in REITs can promote real estate as an attractive tax-saving avenue, drawing new investors to the sector. These measures have the potential to catalyse substantial demand, ensuring a stronger, more sustainable real estate market in the years ahead.”
