Commenting on the Interim Budget 2023-24, Manish Mehan, CEO & MD, TK Elevator India says:
“Government’s announcement to build 2 crore new rural homes under PM Awas Yojana Grameen Scheme, setting up of an Urban Infrastructure Development Fund (UIDF) under the National Housing Bank for the creation of urban infrastructure, signals a robust push for real estate growth, extending its impact beyond metros and creating exciting opportunities in tier 2 and tier 3 cities. The transportation infrastructure development near metro stations will further foster urban mobility and unlock investment potential.”