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Real Estate - The Sector to Bet on After the Budget?
Jan 30, 2020


There are various things written in the media about the upcoming budget. Some want income tax cuts to revive the economy. Some want other freebies to revive consumption.

All these are good but short-term solutions in my view. If the government could focus on one thing, it should be the real estate sector.

Demonetisation, RERA, and the IL&FS crisis have hit the sector hard.

The BSE Realty Index has had a tough time in the last few years.

But there are signs of a turnaround. The government's Rs 250 billion package was a much need boost for the sector and homebuyers.

A real estate revival is important for the steel, cement, and many other sectors. It is also an important job creator for India's young population.

A strong focus on reviving real estate will provide a much-needed boost for the Indian economy.

Data Source: BSE India

This Chart Of The Day was published in The 5 Minute WrapUp - The Most Important Thing in the Budget for the Rebirth of India

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