Union Budget 2024: Impact on Real Estate Buyers
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  • Reads 6
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  • Parts 1
  • Time <5 mins
smith_saha
Ongoing, First published Jul 26, 2024
2024affordableanalysisbudgetbuyersdevelopersestatehousingimpactinsightsluxurymarketpolicypropertyrealtrendsunion
The Union Budget 2024 brings several noteworthy updates for the real estate sector, impacting homebuyers, developers, and the different segments of the housing market, including luxury and affordable housing.
Impact on Homebuyers:
The budget has exc	iting news for homebuyers, especially in the affordable housing segment. The government's ongoing focus on affordable housing continues, with significant budget allocation for this purpose. The Finance Minister has announced substantial outlays for affordable housing, which promises the development of many new units. This builds on previous commitments to deliver millions of housing units under the Pradhan Mantri Awas Yojana (PMAY). The demand for such housing is high, and the government recognizes the need to fulfill the goal of "housing for all."
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2024affordableanalysisbudgetbuyersdevelopersestatehousingimpactinsightsluxurymarketpolicypropertyrealtrendsunion
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