HUDCO, Aavas Financiers, Home First, PNB Housing gain on Budget anouncement
Thu, Feb 1, 2024 1:29 PM

HUDCO, Aavas Financiers, Home First, PNB Housing gain on Budget anouncement

A Flip by Avya Verma
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Housing finance company stocks rose as Finance Minister Nirmala Sitharaman announced a new housing scheme for the middle class and a plan to build 2 crore houses in the next five years. HUDCO, PNB Housing, LIC Housing, and AAVAS Financiers saw gains. The budget also aims to address social inequalities and promote affordable housing. Real estate industry had hoped for tax breaks.

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