The real estate sector hopes for transformative measures in the Union Budget 2024-25. As per Mordor Intelligence, the Indian real estate industry is projected to be valued at $0.3 trillion in 2024, with expectations to soar to 1.04 trillion by 2029, demonstrating a remarkable Compound Annual Growth Rate (CAGR) of 25.60 percent during the forecast period (FY 2024-2029). The industry has consistently showcased enduring growth and adaptability underscoring its pivotal contribution to steering the country's economic advancement towards prosperity and innovation.
