Housing And Real Estate Budget 2023

Budget 2023-24 Expectation: Create a blueprint for real estate industry in the new normal

The biggest challenges facing developers are rising input costs of construction and accessing funding at affordable rates

Union Budget 2023-24: Insights from a real estate sector perspective

India must move to a higher quality of life index in next 15 years with New Age housing options for a New Age population

Budget 2023-24: Realty sector hopes for financial and policy impetus to sustain growth momentum

Real estate, the second-largest contributor to India’s economy, has led to the growth of several other ancillary industries

Budget 2023-24 Expectation: Government should increase access to housing by reducing cost of construction

Over the past few Budgets, the prioritisation of funding to urban development programmes, including the Smart Cities Mission, AMRUT, and Pradhan Mantri Awas Yojana, has significantly contributed to positive urban growth in India. The trend should continue this year as well

Budget 2023-24 Expectation: Simulate sustained consumer spending and positive value creation to spur real estate

Government must accord industry status to realty to enable it to access low-cost credit to build affordable homes

Budget 2023: Policies simulating sustained consumer spend and positive value creation needed to spur realty

Govt must accord industry status to realty to enable it to access low-cost credit to build affordable homes

Budget 2023 Expectation: Realty sector hopes govt will hike deduction for home buyers in affordable housing sector

Extending tax benefits for first-time home buyers could boost govt agenda of housing for all

Budget 2023-24 Expectation: Government must consider giving infrastructure status to real estate sector this time

It could provide various advantages besides an increase in private and foreign investment in the industry

Budget 2023-24 Expectation: How government support to real estate can benefit customers, developers and economy

By 2025, the real estate sector is expected to fund 13 per cent of India's GDP, the sector also happens to be the industry that produces the second-highest amount of jobs

Budget 2023: Post-pandemic, real estate sector critical for larger economic landscape

Reducing GST burden for under-construction properties is a good way to kickstart a virtuous cycle to sustain housing demand