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Union Budget 2023-2024

The Union Budget of 2023-24 was presented at a juncture where the Indian economy was largely seen as one that was decoupling from the world in terms of growth. The post-COVID recovery in India’s consumption expenditure and the steep recovery across all sectors of real estate was noteworthy.

2022 witnessed a record high office leasing volume of over 71 msf across the top 8 cities of India, record low vacancies across Grade-A malls, approx. 53 msf of leasing activity in Logistics and Industrial space, and the highest-ever residential launches were a few highlights. All this has come despite lowering estimates of the world economic growth outlook for 2023.

It is apt to say the pandemic-related woes have been substantially overcome by the Indian real estate sector. In the Union Budget 2023-2024, we review the key to propelling forward and sustaining this bullish momentum.

Click here to read our review of the union budget 2022-2023.


Year-end Roundup and Outlook 2023

Year-end Roundup and Outlook 2023

In the Outlook 2023 – Year End Round Up we look at the office, residential, retail, industrial and warehousing, data centers, and investments sectors, with a focus on the year that was and the year to look forward to. 
Suvishesh Valsan • 29/12/2022
Union Budget Report 2022-23 Card
Insights • Investment / Capital Markets

Reviewing the Union Budget 2022-23

The Union Budget 2022-23 emerges at a time of great need as many industries are getting back on their feet after nearly 2 years of the pandemic.
Insights • Investment / Capital Markets

DCPR 2034 Unleashing Mumbai's Economic Potential

Real estate plays a crucial role in Mumbai’s economy and the government has been making concerted efforts to ensure that the sector functions efficiently and in a transparent manner in the city.


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