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New scheme for middle-class, infra push to boost realty sector: Industry - Vimarsana News

New scheme for middle-class, infra push to boost realty sector: Industry

The Interim Budget's housing scheme for the middle class is expected to invigorate the real estate sector, providing opportunities for home ownership among those in rented houses, slums, and unauthorized colonies. Finance Minister Nirmala Sitharaman's announcement includes plans to construct 2 crore homes for rural poor under PM Awas Yojana (Grameen).

Budget 2024: Housing Sector, Real Estate Experts And Players Share Their Views Post-budget - Vimarsana News

Budget 2024: Housing Sector, Real Estate Experts And Players Share Their Views Post-budget

As per a report by property consultancy ANAROCK, the affordable housing sector of India saw a decline of 20% percent in sales in 2023 as compared to a decline of 30% in 2022. - Budget 2024: Housing Sector, Real Estate Experts And Players Share Their Views Post-budget

Source: india.com