“We have a fast-expanding middle class and rapid urbanization is taking place. Metro Rail and NaMo Bharat can be the catalyst for the required urban transformation. Expansion of these systems will be supported in large cities focusing on transit-oriented development,” Finance Minister Nirmala Sitharaman said in her budget speech.
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Budget News: The real estate sector is expecting positive impacts from the upcoming Budget 2024. Despite challenges like elevated input costs and increasing interest rates, the industry is optimistic about the recovery observed in 2023.
Budget News: Budget 2024 expectations: Discover the 6 major expectations of the real estate sector for Budget 2024. From SWAMIH 2.0 to bigger home loan deduction limit, find out what the industry is anticipating.