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Mr. Venkatesh Gopalakrishnan, Director Group Promoter’s Office, MD & CEO - Shapoorji Pallonji Real Estate (SPRE)

“We anticipate Budget 2025 to introduce measures that strengthen the real estate sector. Revising tax slabs for middle-income earners and tackling raw material price volatility can help stabilize construction costs and housing prices, making homeownership more attainable. Redefining affordability based on regional needs and encouraging green building practices will make housing policies more inclusive and sustainable. Implementing single-window clearance will enhance efficiency and attract investments. Additionally, a reduction in repo rate and stamp duty could further drive housing demand.

A forward-looking budget that supports innovation and sustainability can accelerate the sector’s growth and contribute to broader economic stability. We remain hopeful for initiatives that enable long-term growth and create a resilient future for the industry.”