The Budget 2025 highlights India's progressive approach towards sustainable growth, urban transformation, and infrastructural development, particularly in the housing, real estate, and energy sectors.
Budget 2025HousingReal EstateEnergy TransitionSustainable GrowthReal EstateFeb 04, 2025
The key sectors that received a boost in Budget 2025 are housing, real estate, and energy transition.
The budget includes increased subsidies for first-time homebuyers, tax incentives for developers, and new housing schemes for low-income families.
The budget introduces the relaxation of norms for foreign direct investment (FDI), a single-window clearance system for projects, and technology-driven solutions for better project monitoring and management.
The initiatives include significant investments in solar and wind energy projects, expansion of the electric vehicle (EV) ecosystem, and modernization of the power grid.
Tata Realty, known for its commitment to sustainable development and innovation, is well-positioned to leverage the opportunities presented by the budget, particularly in the areas of housing and real estate development.
The real estate sector has high hopes from the Modi 3.0 regime as the Union Budget for 2024-25 approaches, with a focus on affordable housing being a top priority.
Builders focus on premium units, leading to a 21% decline in affordable housing launches across 7 major cities
Geetanjali Homestate's report reveals growth trends in property prices across major cities in India, with Noida/Greater Noida and Gurgaon leading the way.
On October 27, 2024, Nimbus Projects, a microcap company in the construction and real estate sector, saw its stock price soar to an all-time high of Rs. 146.5, outperforming the sector by 4.15%.
The Builders Association of Pune has expressed their concerns over the 24-hour ban on heavy vehicles. According to real estate developer Sandesh Agarwal, the ban is causing significant disruptions in construction and material supply chains.
Homebuyers of the Ozone Urbana project in Bengaluru have withdrawn all seven cases filed with the Karnataka Real Estate Regulatory Authority (KRERA), citing the body's inability to provide effective solutions.