New Delhi, Jan. 10 -- Dr. Niranjan Hiranandani, Chairman, NAREDCO, the national body representing the Indian real estate industry, extends its commendation to the Finance Ministry for its attentive and diligent approach to addressing the real estate industry's concerns. In the spirit of collaboration and growth, we put forth a detailed recommendation for the upcoming FY 25-26 budget that we believe will significantly foster the development and stability of the real estate sector. Our suggestions are as follows:

Increase Funding for Affordable Housing:

The affordable housing segment is currently experiencing negative growth. We urge an escalated flow of funds to reinvigorate this crucial sector, thereby promoting inclusivity and sustaina...