Categories: BudgetLatest

Post Budget Quote on Real Estate Policies

Mr. Vineet Chellani, Founder & CEO of Asset Deals.

In the real estate industry, the 2024 budget brings forth transformative initiatives to bolster sustainability and empower communities. With the introduction of rooftop solarization, one crore households stand to benefit from up to 300 units of free electricity monthly, aligning with the vision set forth by the Hon’ble Prime Minister on the historic day of consecration of Ram Mandir in Ayodhya. This scheme not only promises substantial savings of fifteen to eighteen thousand rupees annually for households but also facilitates the charging of electric vehicles, fosters entrepreneurship opportunities for vendors in supply and installation, and generates employment for youth skilled in manufacturing, installation, and maintenance. Additionally, the budget pledges to launch a scheme catering to deserving sections of the middle class residing in rented houses, slums, chawls, and unauthorized colonies, facilitating their journey toward homeownership and socioeconomic empowerment.

The Property Times News Bureau

Recent Posts

From Urban Jungles to Digital Oasis: The Millennial Shift Toward Hyper-Connected Homes

New Delhi, November 14, 2024: In the past decade, urban spaces across the country have…

1 day ago

ALBAN by Pyramid Infratech emerges as a preferred choice of discerning homebuyers

Gurugram, November 14, 2024: ALBAN, by Pyramid Infratech, is a marquee project located in sector-71, Gurugram.…

1 day ago

India Accelerator Enters Pune with New Co-working Space; invests $0.5 Million to Foster Startup Innovation

As IA continues to move on its expansion spree, it is poised to meet the…

2 days ago

Trehan Group plans to come up with New Group Housing Project in Bhiwadi

 The group Aims to Deliver Quality and Affordable Housing Along Bhiwadi-Alwar Highway New Delhi, November…

2 days ago

Build Nivesh LLP (formerly Labdhi Nivesh LLP) Announces Final Closure of Maiden Real Estate AIF

Mumbai, November 12, 2024: Build Nivesh LLP (formerly known as 'Labdhi Nivesh LLP'), has announced final…

3 days ago

Rs 361+ Crore Diwali Sales Mark Growing Buyer Interest in Mumbai and Pune Real Estate

With 243 units sold over 1.60 lakh sq. ft. carpet area, The Guardians Real Estate…

3 days ago