Lachman Ludhani – Chairman and Managing Director – Evershine Group
“The real estate sector has always thrived by turning challenges into opportunities, meeting the aspirations of homebuyers year after year. As we gear up for the Union Budget 2025, I see a landscape filled with promise, if we make a few strategic shifts. Affordable housing continues to gain momentum, reflecting the evolving needs of our nation. While 2024 presented its challenges, I believe the upcoming budget can reignite home-buying interest by introducing crucial reforms in tax policies and enhancing subsidies for affordable housing. These steps will not only ease financial burdens but also open doors to growth and innovation. With a clear focus and collective effort, I am confident that we can propel the industry forward, paving the way to achieve the ambitious $1 trillion target by 2030 and fulfilling the housing dreams of millions of Indians.”
Chintan Vasani – Founder Partner, Wisebiz Developers
“The recent data from CREDAI-MCHI highlights a remarkable shift in the Indian real estate market, with an 18% increase in total sales value, underscoring the growing demand for luxury homes. This trend reflects a transformation in consumer preferences, where buyers are not just seeking premium properties but a curated lifestyle that aligns with their aspirations. The rise in average home prices to Rs 1.23 crore signifies a clear move towards quality and exclusivity. As cities like Mumbai, Delhi-NCR, and Bengaluru lead this luxury market, we are witnessing a new era in real estate that prioritizes elevated living experiences.”