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Ideally keeping in mind the unprecedented events, decisions and policies of the past, this year's budget should be extra special.

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For a direct impact on job creation, growth and faster economic growth, a sector responsible for the budget is in dire need of a catalyst.

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The second largest employer in India and one of the major contributors to its GDP is the real estate industry.

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More than 200 sectors are supported by industry, from manufacturing to services.

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And any incentives given to the real estate sector to other related companies can help in boosting it.

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Ideally, a detailed infrastructure development plan for the next seven years is required to lay a foundation.

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2030 should be firmly ready to welcome 2030 with pride. And real estate should be the investment category of choice.

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A separate annual deduction of Rs 1,50,000 for principal payment will provide a much-needed boost to home loan applicants.

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Even a wider range of options are available to investors, and may not interest them in buying a home on the principal amount of the mortgage.

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