cnbctv18.com-Real estate sector seeks Budget 2025 reforms to boost growth amid economic challenges
At a time when India is facing economic challenges due to global hurdles, a weak rupee and slowing consumption, the real estate and housing industry is pitching for more incentives, citing that the real estate sector can be a growth harbinger for the country.
The sector has already sent out its wishlist to the North Block for consideration for the upcoming budget 2025, G Hari Babu, National President, NAREDCO said the government can consider addressing "key challenges and propel the real estate sector towards sustainable growth.”
Talking to CNBC-TV18, Niranjan Hiranandani, Chairman of NAREDCO, the national body representing the Indian real estate industry, who was also part of the pre-budget consultations at the Finance Ministry added that the government should consider, elevating the affordable housing sector.
