We appreciate the Budget 2022, It has addressed crucial concerns such as the fact that Gati Shakti, which was just announced, would focus on the construction of multimodal logistic parks and cargo ports, boosting the warehousing sector. Furthermore, the expansion of transit-oriented infrastructure will result in a stronger focus on employment-based locations, which will help to stimulate residential and commercial demand in certain markets. With a budget commitment of Rs.48 billion for the completion of 80 million houses in FY23 and the identification of 60 thousand homes as PMAY beneficiaries, housing for the poor remains a top priority. The recently planned reform of the Special Economic Zone Act with new laws may also promote investment in export-oriented parks.
Naveen Mypala
Founder of Urban Living
