Budget 2019 reactions by Mr. Vinod Rohira, MD & CEO Commercial Real Estate and REITS, K Raheja Corp

New Delhi, July 06, 2019: “Real estate is highly driven by sentiment, and the budget is crafted to be a steppingstone in the right direction. The budget will fuel growth and investment towards agriculture and infrastructure, which in turn will drive employment and stability, right at the base of the country’s population. Creating a viralling effect, this will positively impact growth of GDP, which will then stimulate economic growth.

The Real Estate sector contributes to more than 10% of the employment and consumption in India, and boosting the support drivers will further drive the predominantly domesticated economy. Fuelling bottom-up, gives us a strong base which will help us in the larger goal of becoming a 5 trillion economy by 2025”.

Corporate Comm India (CCI Newswire)