Union Budget 2024: Anticipating india’s booming Sector’s Expectations from Nirmala Sitharaman’s Economic Blueprint

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By Shray Verma, CEO at Shray Projects

Shray Projects views the recent budget positively for real estate, especially in affordable housing. PM Awas Yojana (PMAY) 2.0 targeting one crore urban families and a substantial allocation of 10 lakh crore for urban housing are key highlights. The potential stamp duty rationalization for female homebuyers and emphasis on infrastructure development near 100 cities are also promising. Challenges in rental housing transparency remain, but the overall focus on affordable housing and infrastructure is encouraging for industry growth.

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