The Budget 2025 is eagerly awaited as stakeholders in the infrastructure and real estate sectors seek measures that will drive growth and sustainability. With the government’s vision of creating a $5 trillion economy, both sectors are expected to receive focused attention.
In the infrastructure domain, priorities include increased allocations to the National Infrastructure Pipeline (NIP), expediting the development of expressways, urban transit systems, and smart cities. Public-private partnerships (PPPs) and incentives for renewable energy projects are likely to be emphasized. Moreover, measures to ease land acquisition processes and promote faster project approvals could significantly boost execution timelines.
For the real estate sector, industry leaders expect the continuation of affordable housing benefits under the PMAY scheme and GST rate reductions to encourage homebuyers. Real estate investment trusts (REITs) may also witness tax benefits to attract more investors. Additionally, policy support for green buildings and technology adoption in construction could pave the way for a sustainable future.
The Budget 2025 could act as a catalyst for economic recovery, ensuring job creation and robust infrastructure. As the industry braces for the announcements, it hopes for a balanced approach to growth and sustainability.
