Industry Updates

Pradeep Aggarwal on Union Budget 2025

Published: February 3, 2025
Author: Fashion Value Chain

“The Union Budget 2025 is revolutionary, reaffirming India’s dedication to sustainable and equitable urban development. With ₹15,000 crore, the SWAMIH Fund 2 would expedite the completion of housing projects that have stagnated, providing assistance to more than one lakh homebuyers. In order to ensure balanced regional development and turn cities into thriving growth hubs, the ₹1 lakh crore Urban Challenge Fund would be essential.

By exempting income up to ₹12 lakh, the brilliant direct tax reform will greatly increase discretionary income, making homes more affordable for purchasers and stimulating demand for real estate. Furthermore, the government’s emphasis on PPP-driven infrastructure with a planned three-year project pipeline will hasten urban growth and open up new housing and real estate opportunities. The ‘Sabka Vikas’ goal of India is in line with these progressive changes, which provide a strong environment for, developers, and investors alike.”

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