Reactions from Pune: Mixed Opinions on Budget 2024

Punekars from various fields share their opinions on the Union Budget 2024, praising and criticizing it for its impact on real estate, education, and Maharashtra.

Union Budget 2024MaharashtraReal EstateInfrastructure DevelopmentEducationEmploymentReal Estate MaharashtraJul 23, 2024

Reactions from Pune: Mixed Opinions on Budget 2024
Real Estate Maharashtra:The 2024-25 Budget presented by Finance Minister Nirmala Sitharaman has received mixed reactions from Punekars across various fields. While some have praised the budget for its focus on real estate and infrastructure development, others have criticized it for neglecting Maharashtra's needs and overlooking core national issues.

Krishnakumar Goyal, Chairman and Managing Director of Kohinoor Group, believes that the budget's focus on infrastructure development and job creation will indirectly support the real estate sector in the coming years. Shashank Paranjape, Managing Director of Paranjape Schemes Construction Ltd, agrees, stating that the reduction in stamp duty for first-time homebuyers and women buyers will provide a much-needed boost to the real estate market.

However, AAP spokesperson Mukund Kirdat has criticized the budget for neglecting states like Delhi and Punjab, governed by opposition parties, and overlooking Maharashtra's needs despite the coalition's presence in power. Dr. Amol Kolhe, NCP MP, has also expressed disappointment, stating that the budget is a major letdown for Maharashtra.

On the other hand, CA Rajesh Agrawal has praised the budget for its emphasis on skill development and free education, which he believes will benefit the middle class. Gitanjali Kirloskar, Chairperson and MD of Kirloskar Systems Limited, has welcomed the focus on women and youth in the budget, stating that it will lead to a more inclusive and diverse manufacturing sector.

Dheeraj Ghate, BJP Pune President, has praised the budget for its emphasis on education, employment, and skill development, as well as its support for working women through various schemes.

Overall, the reactions from Punekars reflect the diverse opinions on the Union Budget 2024, with some praising its initiatives and others criticizing its shortcomings.

Frequently Asked Questions

What is the focus of the Union Budget 2024?

The budget focuses on infrastructure development, job creation, and skill development, with an emphasis on real estate and education.

How will the budget impact the real estate sector?

The budget's focus on infrastructure development and job creation is expected to indirectly support the real estate sector in the coming years.

What are the criticisms of the budget?

The budget has been criticized for neglecting states like Delhi and Punjab, governed by opposition parties, and overlooking Maharashtra's needs.

What are the benefits of the budget for the middle class?

The budget's emphasis on skill development and free education is expected to benefit the middle class.

How will the budget impact women and youth?

The budget's focus on women and youth is expected to lead to a more inclusive and diverse manufacturing sector.

Related News Articles

Rohan Builders Achieves Unparalleled Excellence with 14 Consecutive Years of CRISIL DA2+ Grading
Real Estate Maharashtra

Rohan Builders Achieves Unparalleled Excellence with 14 Consecutive Years of CRISIL DA2+ Grading

Rohan Builders continues to maintain its prestigious DA2+ Developer Grading from CRISIL, demonstrating its commitment to excellence in financial and operational parameters.

July 8, 2024
Read Article
Sebi Chief Remains Tight-Lipped on Real Estate Investment Trusts
Real Estate Maharashtra

Sebi Chief Remains Tight-Lipped on Real Estate Investment Trusts

REITs comprise a portfolio of commercial real estate assets, most of which are already leased out.

September 3, 2024
Read Article
PGA of America Launches State-of-the-Art Golf Courses in Mumbai, Navi Mumbai, and Hyderabad
Real Estate Mumbai

PGA of America Launches State-of-the-Art Golf Courses in Mumbai, Navi Mumbai, and Hyderabad

AIVOT Golf & Sports Management collaborates with Shapoorji Pallonji Real Estate, Stonecraft Group, and Tvastar Golf to introduce PGA of America-branded golf courses in Mumbai, Navi Mumbai, and Hyderabad, setting a new standard for golf excellence in India

October 19, 2024
Read Article
Raymond Expands Real Estate Footprint with Mahim Project Deal
Real Estate Mumbai

Raymond Expands Real Estate Footprint with Mahim Project Deal

Raymond, in a strategic move, has signed a Joint Development Agreement for a prestigious residential project in the prime location of Mahim West, Mumbai.

February 8, 2025
Read Article
Amrita Singh, Zaheer Khan Among Celebrities Investing in Mumbai's Luxury Real Estate
real estate news

Amrita Singh, Zaheer Khan Among Celebrities Investing in Mumbai's Luxury Real Estate

Amrita Singh and Zaheer Khan are among the latest celebrities making significant investments in Mumbai's luxury real estate market. Discover the trends and insights of these high-profile investments.

February 18, 2025
Read Article
SP Group Raises $3.3 Billion from Five Funds to Boost Real Estate and Construction Projects
Real Estate Mumbai

SP Group Raises $3.3 Billion from Five Funds to Boost Real Estate and Construction Projects

SP Group secures a significant $3.3 billion investment from five prominent funds, aimed at refinancing and expanding its real estate and construction projects. This strategic move will help the company solidify its position in the market and drive sustain

March 19, 2025
Read Article