Anuj Puri from ANAROCK Group says that early trends and exit polls expect a continuation of the current government’s policies.

“Early trends and exit polls from the recently concluded elections for the 18th Lok Sabha polls expect a continuation of the current government’s ongoing policies. The real estate sector also seeks reassurance of the forecast for this reason. The current The government has made significant progress on the policy front and in the development of the nation with huge investments in the economy.The real estate industry has always looked to a stable government that will ensure that investment in ongoing schemes and infrastructure development is not hampered.This, above all, exposes the real estate potential of existing and developing geographies.

With government continuity, we look forward to a major boost to the affordable housing sector, a flagship scheme that has not fared well during the previous period.

Industrial and logistics parks, along with warehousing, will look forward to further support for growth, with a focus on manufacturing and better connectivity, with ample potential to meet growing demand in the sector.

Tourism and hospitality have also emerged as a major focus area for the government, as clearly indicated by the initial interim budget announcements earlier this year. The industry is also looking forward to implementing these projects as planned.

A stable government with a strong focus on growth and increased spending on asset construction bolsters the confidence of global investors who are hoping for a wider spread of options in India. At the same time, a strong opposition always supports a vibrant democracy.

– Anuj Puri, Chairman, Anarock Group



Source link