Orion One32

Steady RBI stance bodes well for both prospective homebuyers & real estate: Developers

Dushyant Singh, Director, Orion One 32,
“The housing market is expected to experience broad-based growth across all segments. Although a reduction in repo rates would have been welcome, we understand the RBI’s decision to maintain rates to address retail inflation. By keeping interest rates stable, the central bank aims to promote stability, encourage competitive home loan offerings, and revitalize the housing market. This move is expected to boost the real estate sector, benefiting both developers and homebuyers. While the decision aims to stimulate demand, it also acknowledges the need for cautious progress amid inflationary pressures. This measured approach to borrowing rates prioritizes affordability and sustainability, supporting potential homebuyers and maintaining momentum in the market.”

Budget 2024 sets the stage for sustainable growth trajectory for real estate

Dushyant Singh, Director, Orion One 32,
“The Union Budget 2024 offers some promising roads to development, urbanization, and infrastructural developments. The announcement of Urban Housing 2.0 with a budget allocation of Rs 10 lakh crore will secure the lives of thousands of people struggling to make two ends meet and living in makeshift homes in urban cities and towns. The availability of homes at subsidized rates will incentivize them to invest in properties. On the other hand, the government’s focus on rental housing expected to be built on PPP mode is also approbation-worthy and designed to improve living conditions for industrial workers.”

Budget 2024: Real Estate Sector Welcomes Big Infra Push Through PMAY & Allocation Rs 10 Lakh Crore

Dushyant Singh, Director, Orion One 32,
highlighted how 10 lac crore allocation will benefit infrastructure development in the country and said, “The Union Budget 2024 offers some promising roads to development, urbanization, and infrastructural developments. The announcement of Urban Housing 2.0 with a budget allocation of ₹10 lakh crore will secure the lives of thousands of people struggling to make two ends meet and living in makeshift homes in urban cities and towns. The availability of homes at subsidized rates will incentivize them to invest in properties. On the other hand, the government’s focus on rental housing expected to be built on PPP mode is also approbation-worthy and designed to improve living conditions for industrial workers.”

With a focus on Viksit Bharat, Finance Minister rolls out a transformative Budget for 2024-25

Dushyant Singh, Director, Orion One 32,
said, "The Union Budget 2024 offers some promising roads to development, urbanization, and infrastructural developments. The announcement of Urban Housing 2.0 with a budget allocation of ₹10 lakh crore will secure the lives of thousands of people struggling to make two ends meet and living in makeshift homes in urban cities and towns. The availability of homes at subsidized rates will incentivize them to invest in properties. On the other hand, the government’s focus on rental housing expected to be built on PPP mode is also approbation-worthy and designed to improve living conditions for industrial workers."

Noida-Greater Noida Expressway: Emerging to be a retail powerhouse

Dushyant Singh, Director, Orion One 32,
said that “Noida Expressway has rapidly evolved into a bustling hub for retail and commercial projects, primarily driven by its strategic location, superior connectivity, and robust infrastructure. The expressway's proximity to Delhi and its integration with major highways and metro lines have made it an attractive destination for businesses and investors. One of the key factors contributing to this growth is the availability of ample space for development. The region along the expressway has seen a surge in high-end commercial complexes, IT parks, and shopping malls. Prominent developers have seized the opportunity to create state-of-the-art office spaces and retail hubs, attracting multinational corporations and renowned retail brands.”

Noida-Greater Noida Expressway: Emerging to be a retail powerhouse

Dushyant Singh, Director, Orion One 32, commented,
“Noida Expressway has rapidly evolved into a bustling hub for retail and commercial projects, primarily driven by its strategic location, superior connectivity, and robust infrastructure. The expressway’s proximity to Delhi and its integration with major highways and metro lines have made it an attractive destination for businesses and investors. One of the key factors contributing to this growth is the availability of ample space for development. The region along the expressway has seen a surge in high-end commercial complexes, IT parks, and shopping malls. Prominent developers have seized the opportunity to create state-of-the-art office spaces and retail hubs, attracting multinational corporations and renowned retail brands.”

Interim Budget 2024: Real Estate Sector Gets No Tall Announcements

Dushyant Singh, Director, Orion One 32 Reverberating the idea of Aatmanirbhar Bharat, Geographical Inclusivity, and all-inclusive social justice, the Interim Budget 2024 introduced some key reforms assuring Housing for All, just and equitable distribution of resources, women empowerment in terms of ownership or co-ownership of PM-Awas Yojana homes, and raising the standards of modern infrastructure. The Budget has exhorted programs and schemes for future-ready infrastructure, urban settlements, and housing for all sections of society, causing an inevitable boom in the demand for office spaces, retail shops, and high-street commercials.

Budget 2024: बजट से रियल एस्टेट को मिलेगी गति, जानें क्या इस सेक्टर से जुड़े लोगों की प्रतिक्रिया

ओरायन 132 के डायरेक्टर दुष्यंत सिंहने कहा कि आत्मनिर्भर भारत, भौगोलिक समावेशिता और सर्व-समावेशी सामाजिक न्याय के विचार को दोहराते हुए अंतरिम बजट 2024 ने सभी के लिए आवास, संसाधनों के उचित और न्यायसंगत वितरण, स्वामित्व या सह-स्वामित्व के मामले में महिला सशक्तिकरण का आश्वासन देते हुए कुछ प्रमुख सुधार पेश किए। आवास योजना घर और आधुनिक बुनियादी ढांचे के मानकों को ऊपर उठाना रियल एस्टेट के लिए एक सकारात्मक कदम है। इस बजट ने एक समतल जमीन तैयार की है जिससे कार्यालय हाउसिंग सेक्टर के साथ मिक्स्ड प्रोजेक्ट वाले आउटलेटों के अवशोषण में तेजी आएगी। बजट में भविष्य के लिए तैयार बुनियादी ढांचे, शहरी बस्तियों और समाज के सभी वर्गों के लिए आवास के लिए कार्यक्रमों और योजनाओं को बढ़ावा दिया गया है, जिससे अप्रत्यक्ष रूप में ऑफिस स्पेस और कमर्शियल प्रोजेक्ट की मांग में उछाल आएगा।