Real estate expects the Budget of FM to be truly one-of-its-kind for the sector too. As she has to balance the requirements of the business and financial prudence, it will be a difficult call for the FM. The Government will ideally concentrate on developing infrastructure in Tier II and Tier III cities, creating jobs in cities outside metros, and allocating funds for stuck projects. As the country’s biggest employer and a contributor to GDP, the real estate hopes benefit from the announcements. The crux of demand is a deeper streamlining of the sector by different steps and liquidity improvements.

Though RBI’s support to the sector has been extended with low-interest rates on home loans and restructuring of loans, there is still a significant gap to be filled to bring about a lack of momentum in the sector. As consumer inquiries and buyers’ interest in property investment continues to increase, the Budget must address raw materials’ price. Realty is further synonymous with numerous ancillaries; many associated stakeholders would eventually benefit from any relaxation offered to this field.

The affordable segment depends on the common man’s financial wellbeing, and so the realtors expect the common man to get some respite that could streamline their funds. Also, the affordable segment is dependent on the financial health of the common man, and hence the realtors expect that common man will get some respite that could streamline their funds. The expectation is that the buyers will get loans at affordable rates and the moratorium on loan payments. It is expected that the Government will take last year’s thought and action forward to come up with the announcements that can be implemented in the short term.