After demonstrating robust performance in recent quarters, the Indian real estate sector is looking forward to reforms in the upcoming Union Budget 2024. It is expected that the sector’s contribution to India’s GDP will increase from 8% to 13% by 2025. Furthermore, the long-term outlook suggests that the real estate sector is poised to achieve a market size of $1 trillion by 2030. Key industry leaders expect that policy reforms will streamline processes, enhance transparency and drive growth.
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