Shashank Vashishtha, Executive Director, eXp India on the recent budget

The roadmap of the proptech for the year ahead is a two-way street derived from the blend of significant technology and real estate industries. The Union budget 2022-23 is expected to bring a mix bag of growth and fiscal consideration ahead of the Coronavirus pandemic. With the scaling employment in proptech the need for skill upgradation to meet the technological revolutions is enhancing the pace of self-reliant India and therefore the government should bank on policies and measures that not only uplift the sector but develop such a financial structure that pushes sustained growth of the proptech industry. Delay in administrative decisions leads to delay in delivery of projects which in turn multiplies the cost of the project and also the timely review of RERA act by the authorities is the need of the hour and is expected from the forthcoming Union Budget 2022-23.