Union Budget 2017: What real estate needs from Arun Jaitley

The government's budget announcements and reform initiatives over the last three years have largely been directed at giving a push to affordable housing, encouraging first-time homebuyers to invest in property and cleansing the sector of black money, issues that were part of its manifesto. This year's budget proposals too are expected to be centred around these issues to improve sentiments and boost sales in a sector vastly impacted by November's demonetisation move.