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Prudent & Holistic Budget

Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd

BY Realty Plus
Published - Tuesday, 23 Jul, 2024
Prudent & Holistic Budget

This budget can be termed as prudent and holistic in each aspect, the government's decision to allocate Rs10 lakh crore under the PMAY Urban Scheme, targeting 3 crore houses and key focus on rationalising stamp duty for Home byers especially for women, underscores a robust vision for urban development and will help homebuyers would save the significant amounts, making home ownership more accessible.
At macro level sustained infrastructure impetus, reflected in the Rs11.11 lakh crore Capex allocation, we anticipate all these would create a multiplier impact and significant boost in the overall housing sector. Additionally, a focus on rental housing in industrial parks via the PPP model, digitizing land records in cities will greatly improve transparency and ease property transactions.

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