Post Budget Reaction on Infra & Real Estate by Mr Dhaval Barot, MD & CEO of Bharat Realty Venture Pvt Ltd
Below the Post Budget Reaction on Infra & Real Estate by Mr Dhaval Barot, MD & CEO of Bharat Realty Venture Pvt Ltd
“We look forward to welcoming the points on the urban housing sector from FM Shrimati Nirmala Sitharaman's first Union Budget 2024-2025 of Modi 3.1. We appreciate the steps taken by this year’s Union Budget 2024-2025 in the housing market. Listed as Priority 5, FM Sitharaman spoke on services for 100 large cities for urban development. In addition, the government has allotted ten lakh crore rupees for one crore houses for the urban poor.
These are advanced and modern policies for ensuring that all people have adequate shelter, a basic need of human life.
The government has also slashed stamp duty for women, which will now empower more women to become homeowners, giving them freedom and power to take control of their own lives. This reflects the third pillar of the Viksit Bharat scheme, with power being given to Mahila (women) for all-encompassing equitable development.”
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