Niranjan Hiranandani, the president of realtors' Body NAREDCO, rated the budget somewhere "around seven or eight out of ten." He said the positives have been "the investments into infrastructure and development and a huge amount of expenditure in that section is really a positive story.. However, we could have done much more in terms of the real estate segment, especially since we are a very large employer. 15 per cent of the total employment in India comes from real estate and infrastructure."