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Budget 2024 – Real estate awaits impactful policies and industry status to foster growth

Budget 2024 – Real estate awaits impactful policies and industry status to foster growth

The luxury real estate sector in India has shown significant growth potential in 2023, driven by positive market sentiments. Despite global and economic uncertainties, there has been a remarkable upswing in demand, which is expected to continue in the upcoming years. As the Interim Budget is eagerly awaited by the nation, the industry hopes that their concerns are addressed, contributions are recognised, and incentives are granted to further fuel the growth trajectory.