India's real estate sector seeks tax rationalisation and reduced approval costs from Modi 3.0.

India's real estate sector, the second-largest employment generator, seeks tax rationalisation and reduced approval costs from Modi 3.0. Over the last ten years, the Modi government has constructed 4 crore houses under PMAY. The interim budget added 2 crore more houses to PMAY-U, estimating the market will reach Rs 65,000 crore by 2040. The industry wants policy and scheme reorientation for the sector's growth.