Mr. Ajay Chaudhary, CMD, Ace Group: “At first glance, the focus of Budget 2024-25 appears to be on strengthening urban infrastructure. While the allocation of Rs 11.11 lakh crore in this budget towards capital expenditure may lead to robust infrastructure development, it will create more opportunities for developing high-end real estate projects catering to the evolving needs of discerning homebuyers. The budget’s emphasis on developing ‘Cities as Growth Hubs’ through economic and transit planning may also uplift the luxury housing market. We hope all these initiatives will create more opportunities for the development of high-end residential and commercial projects, catering to the evolving needs of real estate buyers.”
