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Below a perspective on pre-budget expectations 2024-2025 by Lucy Roychoudhury, Head of Sales, Marketing, and CRM of Runwal Group

“With the upcoming 2024 central election, expectations are high for a well-balanced budget that combines growth-focused measures with populist initiatives. The government's commitment to growth strategies, evident in improved road connectivity, enhanced rail infrastructure, and initiatives such as localizing imports and developing value chains for electronics or electric vehicles, is anticipated to persist in the upcoming budget. This continuity will reflect the government's clear vision and approach towards fostering economic development. To continue momentum for the residential sector, a cut in tax rates is crucial as it will provide an impetus to homebuyers’ purchasing ability”.

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