31, Jan 2024
Pre Budget Quote: Ms. Shivani Priyam Patel, Director, Assotech Group


Ms. Shivani Priyam Patel, Director, Assotech Group:

“As a woman entrepreneur leading Assotech Group, I eagerly anticipate the forthcoming 2024 budget in India with a sense of optimism and anticipation. The real estate sector plays a pivotal role in the nation’s economic growth, and I believe that the budget will present valuable opportunities to further catalyze our industry’s progress.

Empowering women in entrepreneurship is a cause close to my heart, and I look forward to measures that foster inclusivity and gender diversity within the real estate landscape. Policies that encourage women-led enterprises, facilitate access to funding, and provide a supportive framework for professional growth will undoubtedly contribute to a more vibrant and dynamic sector.

In particular, I am hopeful for initiatives that promote sustainable practices and eco-friendly construction methodologies. The alignment of financial incentives with green building practices will not only benefit the environment but also encourage developers to embrace innovative, sustainable solutions. The budget can serve as a catalyst for our industry’s transition towards a more eco-conscious future.

Additionally, I anticipate measures that streamline regulatory processes and provide clarity on taxation policies. A simplified regulatory framework will not only ease the operational burden on businesses but also attract more investors, fostering a conducive environment for growth and development.

The real estate sector is uniquely positioned to contribute to job creation, and I hope to see budgetary provisions that encourage skill development and employment generation, especially for women in the construction and allied industries. Inclusivity and diversity are key drivers of progress, and I believe that a focus on these aspects will contribute to the holistic growth of our sector.

As we navigate the dynamic landscape of real estate, I am confident that the 2024 budget will pave the way for transformative changes. It is my sincere hope that the budget will reflect the government’s commitment to fostering a conducive environment for women entrepreneurs, driving sustainable practices, and ensuring the continued growth of the real estate sector in India.

Together, let us build a future where innovation, sustainability, and inclusivity define the essence of Indian real estate.”