Quotes from Real Estate Experts- Expectations on General Election Results For Real Estate Sector in India

Abhay Shah - June 5, 2024

Quote from Mr Sunil Sisodiya, Founder, Geetanjali Homestate-

“In the realm of real estate, government policies wield immense influence, shaping the landscape of growth and opportunity. At Geetanjali Homestate, we advocate for policies that foster economic vibrancy, innovation, and a business-friendly ecosystem. From tax reforms to streamlined regulations, each measure propels the industry forward, amplifying the potential for expansion and investment. As India’s housing market continues to demonstrate resilience, buoyed by infrastructure development and economic reforms, the outlook remains promising. The recent election outcome instills confidence, with expectations of sustained policy continuity and measures to bolster economic stability. Anticipated reforms, including potential adjustments to GST and enhanced financing options, signal a brighter future for developers and homebuyers alike. With a steadfast commitment to advocating for conducive policies, Geetanjali Homestate envisions a thriving real estate sector, driving India’s journey towards prosperity and inclusive growth.”

Quote from Mr Suraj Morajkar, the MD of Sun Estates Developers-

“We emphasize the importance of policies that foster economic growth, innovation, and a business-friendly environment. Key measures include tax reforms, infrastructure development, and initiatives to simplify business operations. Additionally, promoting entrepreneurship and investing in crucial sectors are essential for sustained progress. Stability in governance and a reliable regulatory framework are fundamental to creating a conducive environment for business expansion and investment. By prioritizing the needs of the corporate sector, the government can drive economic development and generate growth opportunities. We are committed to collaborating with policymakers to ensure a prosperous and dynamic business landscape”.

Quote from Mr Vishal Raheja, Founder & MD of InvestoXpert-

“At InvestoXpert, we believe that the future of the Indian real estate sector holds immense promise. By implementing policies that support economic growth, innovation, and a business-friendly environment, the government can drive significant progress. Essential measures include tax reforms, infrastructure development, and ease of doing business initiatives. Promoting entrepreneurship and investing in key sectors are equally crucial. Stability in governance and a robust regulatory framework create a conducive environment for business expansion and investment. As urbanization continues to rise and the commercial real estate market expands, the sector’s long-term prospects remain bright”.

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