Budget 2024 Expectations: Real Estate Budget Wishlist | Dr Niranjan Hiranandani | The Money Show

Budget 2024 Expectations: Real Estate Budget Wishlist | Dr Niranjan Hiranandani | The Money Show

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The real estate sector in India is expected to reach a milestone of $1 trillion in market size by 2030, up from $200 billion back in 2021, and contribute a significant 13% to the country's GDP by 2025. The sector needs industry status to achieve the government's ambition of housing for all and becoming a $5 trillion economy by 2025. To understand the expectations of the real estate market, we spoke to Dr Niranjan Hiranandani to understand how the government can look to strengthen regulations for the sector, including RERA norms. We also discuss the need for tax revisions for the real estate sector, and the measures necessary for accelerating demand across asset classes. Listen in to full conversation to know more!

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