New Delhi, Feb. 3 -- During the presentation of the interim budget for 2024-25, Finance Minister Nirmala Sitharaman unveiled significant announcements. It not only lays the foundation for housing policies but also propels India towards a future marked by robust infrastructure and economic growth. The strategic initiatives outlined in the budget, coupled with the focus on capex, position the housing and commercial real estate sectors for sustained expansion, promising positive implications for the broader economy.

The budget announced a housing scheme aimed at supporting the middle class in realizing the dream of home ownership. The government's commitment to construct close to 2 crore more homes under the Pradhan Mantri Awas Yojana (PMAY) ...