The Free Press Journal-'Affordable Housing And Sustainability Seek Boost In Upcoming Union Budget': NAREDCO Chairman
With the Union Budget set to be presented on February 1, 2025, the real estate industry has articulated a comprehensive wish list aimed at fostering growth and sustainability in the sector. Leading voices from the industry have put forward their expectations, urging the government to adopt measures that would stimulate investment, promote housing affordability, and drive urban development.
Dr Niranjan Hiranandani, Chairman of NAREDCO, expressed gratitude to the Finance Ministry for its continued support of real estate. He emphasized the need for enhanced funding in affordable housing, a segment currently experiencing negative growth. "Increasing the flow of funds will revitalize this critical sector, promoting inclusivity and sustainable urbanization," he stated.
