In one line this budget is going to become the milestone of
financial revolution in India. There are many aspects which have been broadly
discussed in the budget , we are going to discuss some of the major points
which will emanate the idea how this budget will raise high demand in real
estate sector. First of all this budget holistically called a high visioned
budget which is not only given high priorities to corporate sector but also nourishing
the emotions and economy of poor people of India . If we broadly talk about agricultural
and rural development allocation then we have many small and big projects which
are centrally sponsored, MNREGA , Minor Irrigation , Rural Infrastructure
Development like roads and other public majors. Which collectively bring
due capital from central government. In
this way the Infrastructure of rural India will raise the land demand of this
regions by urban investors.
This kind of procedure will boost urbanizations of India . The second important aspects
investment in real estate sector by multi-national companies as in coming years
20 crore new houses will be needed in the urban area so government has decided
to welcome the multi-national companies to invest in residential and commercial
projects of Noida and Gurgaon. Beside this some of the well known companies are
going to broad their market share in coming years. Paras Seasons is very
demanding projects after this budget. It is because of the future planning of
this company. This company is going to launch many other projects in Delhi-NcR.
In the field of commercial and residential sector as this company is very high
in growth rate. So people are preferring accommodations in this projects the other
important thing is beside this there are many regions of delhi-ncr which has
many new projects about to launch. With the hope of high investment in coming
times.
All these kinds of approaches has been taken up by the
government of India to bring the huge success to make in India project. As Make
In India project has target to make India fully secure and make India developed
country and super power of the world. Considering this budget has primarilty
dedicated in infrastructural development in rural as well as urban areas. So
that the Make in India project get broader base to flourish in every part of
India. This is also a marvelous approach to bring down the economic disparity.
