Strategic Reforms in Union Budget 2024 to Boost Investment and Urban Growth | Niranjan HIranandani

The Union Budget 2024 introduces significant reforms to enhance investment and urban growth. The reduction of long-term capital gain tax to 12.5%, coupled with a reduced holding period of 24 months. Encouraging state governments to cut stamp duty and development premiums aims to boost urban housing and affordability. Additionally, the focus on redevelopment and transit-oriented development schemes is set to drive urban growth, generate employment, and attract investments.

Read More