By Jash Panchamia, Partner, Suraksha Group
We applaud the Government’s focus on the development of affordable housing in the interim Union Budget 2024. As families grow, we anticipate an increase in the demand for housing by building two crore new houses in the next five years. The revolutionary scheme empowers the middle class, which resides in rented houses, slums, and unauthorized colonies, to buy or build their own homes. This also emphasises on the fact that the Government’s focus has been in providing a respectable lifestyle to the economically weaker section of the society. In addition to building affordable housing, it is also commendable that our Hon’ble Finance Minister focused on providing free electricity to one crore families.
The development of real state will also further boost employment especially for the youth of the country. This will significantly create an upward trajectory for the country’s economy. A compact budget reflects the commitment to inclusive growth, sustainable living, and fostering opportunities for the next generation.
