Union Budget 2021-22 was broad-based with special emphasis on building robust healthcare infrastructure, physical infrastructure and affordable housing. It will result in job creation in the informal sector, which was severely impacted by the pandemic
Union Budget 2021-22 presents several opportunities to give the sector a shot in the arm. Given that real estate contributes more than 8% of the Indian economy, it has justifiable expectations.
The housing industry needs focused measures to further bolster demand in 2021. This year, the demands go beyond the usual suspects of single-window clearance and industry status.