Hn_Ani_Delhi_Last_Pre_Budget_Meeting_With_Finance_17-37-56 - video Dailymotion

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1/6/2025

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00:30I think the overall meeting with the finance minister went extremely well.

00:40We came to understand what the government actually is looking forward to suggestions

00:46from the industry.

00:47We were very happy to be able to collaborate with the government.

00:51Number one, the entire thought process was the congratulations in the housing sector

00:58to the PMAY scheme.

01:00As we are all aware, in my whole career of 40 plus years, this is the first year where

01:06affordable housing growth is negative.

01:09It has never happened in my whole career.

01:11So I think the focus on the PMAY scheme for the purposes of incentivizing affordable housing

01:19was a major thing.

01:21The second thought is rental housing.

01:25Up till now today, we are only talking about ownership housing, but a focus needs also

01:30to be done on rental housing.

01:32Everybody does not have ownership house, even the richest country in the world, the United

01:37States, 50% of the people live in rental housing.

01:42So we need to look at it.

01:43At the last budget, the finance minister had given an incentive for the purposes of industrial

01:50workers rental housing.

01:52So our idea is that we need to expand it to other people.

01:56If you journalists get transferred from one city to the other, you are going to stay in

02:00rental housing.

02:01You can't buy a house in every city that you get transferred to.

02:05So that was the second focus.

02:07The third focus was to see what we can do for the purposes of slums.

02:12Mumbai, we have started schemes, also the Dharavi redevelopment and other scheme, but

02:18that's less than 10% of whole of Mumbai slums.

02:21So a focus on how we can take up slums and actually have a scheme to eliminate slums

02:27of Mumbai is a concept that we have represented to the chief minister.

02:33And Mr. Devendra Fadnavis, our honorable chief minister in Maharashtra is extremely supportive

02:38of this particular idea.

02:40And we were able to settle that to it.

02:44All in all, the idea was infrastructure.

02:49Infrastructure of cities have been improved over a period of time.

02:52For example, metro rail and other things are to be done.

02:56But there's still a lot of handicap.

02:58Even if you catch the metros, the last mile connectivity is a challenge.

03:02Footpaths is a challenge.

03:04Women's safety is a challenge.

03:07Environmental issues are a challenge.

03:09So all these were discussed in depth, both from an environmental issue, pedestrian moving

03:16issues, city issues, development and last mile connectivity on the thing.

03:22The second part of it was more on energy efficiency in terms of transport and other thing.

03:30So a lot of suggestions came from various people who are there in the committee for

03:34the purposes of how to create additional incentives for people to shift into electrical vehicles,

03:43buses, long term transport and create a more environmental friendly city.

03:50The third set of suggestions came from the ladies of the group who came from various

03:56NGOs and other activities which came.

03:59And there the focus was on women, women's employment, the incentive which has been given

04:06under the PMAY scheme, where the name of the woman has to be the first as far as the borrowing

04:12is concerned.

04:13And I think that they took very positively.

04:15So similarly, if safety and security is done in various cities, so there was a talk about

04:22mobility, there was a talk about women's safety and improvement of footpaths and how various

04:29examples can be done in terms of these improvements to the city.

04:33So that was the basic concept, details of various ideas of what is happening in housing

04:40and what are the rules and regulations and sections of income tax that need to be changed

04:46for the purposes of better thing was suggested for various activities that are done.

04:53What provisions in the law that need to be changed, what should be incentivized, different

04:58suggestions were given.

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