22, Jan 2025
Union Budget 2025: Insights from Shivam Agarwal, VP – Strategic Growth, Sattva Group
Mr. Shivam Agarwal,
Mr. Shivam Agarwal, VP – Strategic Growth, Sattva Group

“As we prepare for the upcoming union budget, it’s crucial to present strategic recommendations to bolster the Indian real estate sector. The introduction of a single window clearance system has already improved approval processes, reducing project timelines and costs. To further enhance the sector, we propose several key measures:

FDI Regulation Adjustments: Review FDI norms to attract domestic and foreign investments, enhancing developer liquidity.

Revising Input Tax Credits: Establish a favorable input tax credit regime to ease financial burdens on developers.

Streamlined GST: Adjust GST for under-construction properties to promote growth in commercial real estate.

Targeted Rental Housing Strategies: Improve rental housing availability to address urban challenges.

Public-Private Partnerships: Invest in infrastructure to enhance connectivity in tier-2 cities.

By implementing these recommendations, we can drive sustainable growth in the Indian economy.”

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