Mr. Ravi Saund, Founding Director, Emperium Private Limited
“The Finance Minister’s announcement of a ₹10 lakh crore investment in urban housing through PM AWAS Yojana Urban 2.0 represents a major boost for India’s real estate sector. The ₹2.2 lakh crore allocated for central assistance will revitalize the affordable housing segment, which has struggled in recent years. With a target of providing homes to 1 crore families over the next five years, this initiative translates to approximately 20 lakh houses annually, marking a substantial increase from the previous scheme. This surge in construction activity is expected to boost demand for building materials and rejuvenate related industries such as cement, steel, and home appliances. By extending its focus to middle-class families in addition to the urban poor, the scheme’s expanded scope promises to foster diverse housing solutions and innovations in urban design. This comprehensive approach is a significant step towards achieving the government’s ‘Housing for All’ vision.”
Mr. Vikas Aggarwal, COO, Worldwide Realty
“FM Nirmala Sitharaman’s bold move to allocate ₹10 lakh crore to the PM AWAS Yojana Urban 2.0 marks a pivotal moment for the real estate sector. As urbanization accelerates towards 50% by 2050, this comprehensive investment is exactly what is needed to meet the burgeoning housing demands. The substantial ₹2.2 lakh crore central assistance is a testament to the government’s strategic vision for fostering public-private collaborations. This financial backing is expected to spur innovative solutions in affordable housing and bring forward advanced construction methods. Notably, the scheme’s inclusive approach, addressing both the underprivileged and the middle class, fills a critical gap left by previous policies. With proper implementation, this initiative holds the potential to alleviate the vast urban housing deficit and reshape India’s urban environments significantly.”
Mr. Mohit Mittal, CEO- of Mores Techno, a tech-based real estate investment advisory firm
“The Finance Minister has announced employment-linked incentives through three schemes designed to skill 20 lakh youth over the next five years. This initiative is expected to drive government investment in infrastructure, leading to improved roads, transportation, and utilities, which will enhance the appeal of nearby real estate. The introduction of 12 new industrial parks under the National Industrial Corridor, aimed at creating integrated zones, is anticipated to significantly increase the supply of Grade A industrial spaces. This will also boost the proportion of organized, high-quality stock within the industrial sector. Additionally, further support for the Pradhan Mantri Awas Yojana is likely to address housing shortages and generate employment. Lower stamp duties will also decrease property acquisition costs, benefiting prospective homeowners.”