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The Telangana government has unveiled its ambitious budget for the fiscal year 2025-26, with a total expenditure of Rs 3,04,965 crore. This budget not only focuses on welfare and development but also presents significant opportunities for the real estate sector through infrastructure development and affordable housing initiatives. As the state aims to expand its economy five-fold, reaching a trillion-dollar mark, the real estate industry is poised to benefit from these strategic allocations.
The budget allocates Rs 36,504 crore for capital expenditure, which includes investments in infrastructure projects. This emphasis on infrastructure is crucial for enhancing connectivity and accessibility across the state, thereby boosting the real estate market. Additionally, the government has proposed several welfare schemes, including the 'Indiramma Indlu' program, which offers house sites and financial assistance of Rs five lakh to those without homes. This initiative directly supports affordable housing, a key area of focus for the real estate sector.
The real estate sector in Telangana is expected to see a significant boost due to the government's focus on infrastructure and affordable housing. Improved connectivity and accessibility will increase demand for both residential and commercial properties. Moreover, initiatives like the 'Indiramma Indlu' scheme will help address housing shortages and provide opportunities for developers to build affordable housing projects.
Infrastructure development is a cornerstone of the Telangana budget. With significant allocations for roads, public transport, and other infrastructure projects, the state is set to become more attractive for both domestic and international investors. This not only enhances the quality of life for residents but also makes the region more appealing for businesses looking to establish operations in India.
The 'Indiramma Indlu' scheme is a pivotal initiative aimed at providing affordable housing solutions. By offering financial assistance and house sites, the government is directly addressing the housing needs of low-income families. This approach not only supports social welfare but also stimulates economic growth by creating demand for construction materials and labor.
Telangana's economy has shown robust growth, with a per capita income of Rs 3,79,751 and a growth rate of 9.6%. The state's Gross State Domestic Product (GSDP) at current prices registered a 10.1% growth, reaching Rs 16,12,579 crore in 2024-25. This economic momentum is expected to continue, driven by strategic investments in infrastructure and welfare schemes.
The Telangana budget for 2025-26 presents a promising landscape for the real estate sector. By focusing on infrastructure development and affordable housing, the government is creating a conducive environment for growth and investment. As the state moves towards becoming a trillion-dollar economy, the real estate industry is poised to play a significant role in this journey.
