Budget Quotes From Real Estate Sector by Mr. Sachin Patel, Chief Managing Director, Swaminarayan Group
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Below the Budget Quote By Mr. Sachin Patel, Chief Managing Director, Swaminarayan Group
The government's commitment to infrastructure through 'Viksit Bharat' in the budget 2024 shines a beam of hope on the growth of the real estate sector. The government has allocated 11,11,111 crore rupees which is an 11.1% increase from the previous year proclaims their commitment to increase economic growth and boost employment creation. This substantial investment, constituting 3.4% of the GDP, promises a multiplier effect that will undoubtedly stimulate the real estate market.
The vision of 'Viksit Bharat' is Prosperous Bharat is "Prosperous Bharat
in harmony with nature, with modern infrastructure, and
providing opportunities for all citizens and all regions to reach
their potential”.
Emphasizing the transformative impact of the Atal Setu (Mumbai Trans Harbour Link) Bridge on Industry growth, there is a pressing need for the government to prioritize more such infrastructure developments to unleash substantial economic potential.
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