“Reflecting on the remarkable journey that has elevated the real estate sector to a $260 billion industry, thanks to visionary policies and robust government support for infrastructure, my optimism resonates with the upcoming Union Budget. I anticipate a continued positive trajectory, focusing on policies fostering sector growth and boosting investor appeal. Envisioning regulations that encourage investor participation and further democratize real estate investments will contribute to a vibrant and inclusive landscape.
I strongly advocate for expediting the Digital India Land Records Modernization Program (DILRMP), aiming for 100% digitization of land and property records to propel the sector’s long-term growth.
Furthermore, while acknowledging the government’s fulfilled smart city investment commitments, I express hope for an increased emphasis on the mission. This not only enhances existing cities but also paves the way for newer ones, fostering job creation beyond metros and steering the industry towards a balanced and sustainable economic growth trajectory, potentially reaching $1 trillion by 2030.”