Budget (2023-24) Balanced, but Tepid for Real Estate

Budget (2023-24) Balanced, but Tepid for Real Estate

The new measures announced in the Union Budget 2023-24 may certainly help unleash Indian economy’s potential. However, from a real estate point of view, there were no major direct announcements that could be seen as immediate booster shots. The enhanced allocation for PM Awaas Yojana by 66% to over INR 79,000 crores is certainly a…