Union Budget's Strategic Housing and Infrastructure Push Garners Strong Industry Endorsement from CREDAI Visakhapatnam

CREDAI Visakhapatnam has issued a formal endorsement of the Union Budget's pronounced emphasis on housing and infrastructure development, characterizing the fiscal measures as a significant confidence-builder for the real estate sector. The developers' association highlights three core policy pillars driving this optimism: sustained policy stability, enhanced credit support mechanisms, and a deliberate focus on Tier 1 and Tier 2 urban centers. This tripartite approach, according to the body, is strategically designed to catalyze private capital investment, thereby accelerating project execution and economic multiplier effects. The analytical assessment underscores that such targeted fiscal and policy interventions are essential for mitigating sectoral risks and unlocking long-term growth trajectories in real estate and allied infrastructure domains. The statement positions the budget not merely as an annual financial plan but as a structural framework intended to reinforce the foundational pillars of urban development and housing accessibility.