Budget 2024-25: Impact on Construction Industry. The 2024-25 Union Budget significantly impacts the construction industry, with Rs 11,11,111 crore allocated for infrastructure, 3.4% of GDP. Major investments include Rs 10 lakh crore for urban housing under PM Awas Yojana. Plans for industrial parks and reduced stamp duties aim to boost real estate. Long-term capital gains tax changes affect real estate profitability, shaping the sector's future.
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