Real Estate Budget 2024: The central government has presented its budget today. It has a special focus on business class and real estate. Government's budget for real estate Budget Is in this type.
- The central government will spend Rs 11 lakh crore i.e. 3.4% of GDP on infrastructure in the country
- Pradhan Mantri Gram Sadak Yojana Phase-IV to be launched for 25,000 rural habitations.
- Rs 1.5 lakh crore for long-term interest-free loans to states for expanding infrastructure
- Transit Oriented Development schemes in 14 mega cities with population over 30 lakh
- 100 weekly haats and street food hubs will be set up in select cities.
- Purvodaya scheme for the development of Bihar, Jharkhand, Bengal, Orissa and Andhra.
- Investment-ready plug and play industrial parks to be built in or around 100 cities
- 12 Industrial Parks approved under National Industrial Corridor Development Programme
- 26 thousand crore rupees for road connectivity projects of Bihar
- Patna-Purnia Expressway, Buxar-Bhagalpur Expressway will be developed
- Road connectivity to Bodh Gaya, Rajgir, Vaishali and Darbhanga will be developed
- Like Kashi, a corridor will be built for Vishnupad temple in Gaya too
- 21 thousand 400 crore rupees for power projects in Bihar
- Polavaram irrigation project in Andhra to be completed
- Special funds for Visakhapatnam-Chennai and Hyderabad-Bangalore industrial corridors