The Budget is supportive for the tax payers. But the developers have looked forward to more sops to bring housing affordable for all the sectors of the society, however, provision of Rs 700 crore and extension of interest subvention scheme of one per cent on all individual housing loans up to Rs 10 lakh for units costing up to Rs 20 lakh till 30 March 2011. The scheme recognises that cut in interest rates has an important role to play in reducing EMIs of borrowers and creating additional demand for low cost housing. This will encourage the developers to give more importance to projects, which will cost up to Rs 20 lakh. However, it would have been more fruitful for the buyers and develope

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