Polls Perk Up Realty & Infra Projects And Vice Versa

The ruling government is pushing speedier completion of real estate, housing, and infrastructure projects to win the confidence of voters in the upcoming elections in five states and the General elections in 2024. In turn, the polls are providing a renewed push to these pivotal sectors which are major contributors to India’s GDP.
Vinod Behl

There has been a significant increase in spending on urban development by the Central government from 2015-16 onwards with government introducing several people-centric reforms and urban missions like PMAY-Housing for All, AMRUT, Swachh Bharat, universalisation of power and water, besides metro rail, RRTS, highways, regional airports connectivity, and other infra projects. There has been a 488% increase in MoHUA outlays from Rs 8,000 crore in 2009-10 to around Rs 4,70,000 crore in 2021-22.

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