#BudgetRoundTable2024: Dhruv Agarwala Of Housing.Com On Capital Gains Tax & Stamp Duties

At the #BudgetRoundTable2024 conference, Sourav Majumdar, Editor of Business Today, had an exclusive conversation with Dhruv Agarwala, Group CEO of Housing.com & PropTiger.com, discussing the positive aspects of real estate in the budget. He asserted that the residential real estate sector experienced a downturn between 2013 and 2021 due to events such as demonetisation, issues with NBFCs, GST implementation, and the COVID-19 pandemic, which led developers to recalibrate and reassess the sector. He also highlighted positive aspects in the budget, such as the allocation of Rs 2.2 lakh crore to the Pradhan Mantri Awas Yojana for the urban component, boosting the sector. Here’s an excerpt.