As the Union Budget 2026 approaches, the real estate sector is optimistic about policy measures that can sustain momentum and unlock long-term growth. Industry leaders are expecting continued focus on infrastructure development, rationalised taxation, and reforms that strengthen housing affordability and ease of investment.
With demand expanding beyond metros into Tier-II and Tier-III cities, stakeholders are also calling for targeted support through connectivity upgrades, faster approvals, and skill development.
A stable, forward-looking policy framework is seen as critical to boosting buyer confidence, encouraging developer participation, and reinforcing real estate’s role as a key driver of employment and economic growth.
Ashish Bhutani, CEO, Bhutani Infra said, “As we approach the Union Budget, the real estate sector looks forward to policy measures that further strengthen ease of investment, accelerate infrastructure development, and support sustainable urban growth.
Continued focus on rationalising taxation, expanding metro and expressway connectivity, and incentivising green and wellness-driven developments can significantly enhance investor confidence.
A stable, forward-looking policy environment will be key to unlocking long-term value across commercial and mixed-use real estate while supporting employment generation and economic momentum.”
Rajnikant Mishra, Founder and Chairman Amrawati Group said, “As we look toward the Union Budget 2026–27, there is a strong expectation that growth will be pushed beyond the metros and into tier two and tier three cities, where real demand is steadily building. These cities need more than housing announcements.
They need sustained investment in roads, transport, drainage, and basic urban services so people feel confident about settling there long term. GST 2.0 has eased some pressure on construction materials, which has helped, but projects that are still under construction continue to face cost stress. Some rationalisation here would support price stability in emerging markets.
Another area that deserves serious attention is labour and skill development. Construction today needs trained hands, not just manpower. Focused skilling programs and better worker support can improve quality, timelines, and safety while creating employment locally.
A budget shaped by Nirmala Sitharaman that links infrastructure growth with workforce development can help tier two and tier three cities become the next engines of urban expansion.”
Vikas Garg, Joint Managing Director, Ganga Realty, said, “The upcoming Union Budget presents an opportunity to further strengthen end-user demand in the housing market. We expect the government to consider enhancing tax benefits on home loan interest and principal repayments, which have remained unchanged for a long time.
A buyer-centric approach, coupled with policy stability, will help sustain the positive momentum we are witnessing, especially in high-growth markets like Gurugram where demand continues to be driven by genuine end-users.”
He further added that consistent infrastructure spending creates long-term value for both developers and buyers, as improved connectivity enhances livability and investment attractiveness of urban centres.
Saransh Trehan, Managing Director, Trehan Group, said, “Real estate has emerged as a strong pillar of economic growth, and the Budget can further accelerate this by supporting housing demand and infrastructure-led development.
We are hopeful of continued incentives for affordable and mid-income housing, along with policy measures that improve project viability. Simplification of compliance normsand access to institutional financing will help developers deliver quality projects while keeping prices competitive for buyers.”
Trehan also highlighted that a stable policy environment and long-term vision are essential for sustaining investor confidence in real estate. He emphasised that predictable taxation policies and continued urban infrastructure development would encourage both domestic and global investments into Indian real estate.
Aniruddha Mehta, Chairman and Managing Director, Umiya Buildcon Ltd said, “The Union Budget 2026 is a key opportunity to strengthen India’s real estate sector, particularly as urban housing demand continues to rise, with double-digit price growth observed in major cities over the past year.
For developers, policy measures that enhance housing affordability, reduce financing costs, and incentivize sustainable development will be critical to sustaining growth and meeting rising demand.
Increasing tax benefits on housing loans under Section 24(b) could ease financial pressure on homebuyers, while enhancing incentives under Section 80-IBA for affordable housing projects would encourage developers to expand inclusive housing supply, addressing a nationwide shortfall of several million units.
With interest rates stabilising and urban housing demand remaining robust, a well-balanced budget that supports both buyers and developers can unlock investment, boost employment, and contribute meaningfully to India’s infrastructure and economic goals in 2026.”
HS Kandhari, Executive Director – Harmony Infra Ventures said, “Union Budget 2026 is an opportunity to boost real estate growth. We hope the government raises the affordable housing limit to ₹80–90 lakh and provides better tax benefits for homebuyers.
Lowering GST and standardising stamp duty will make homes more affordable and projects easier to execute.
Continued investment in infrastructure, faster approvals, and support for Tier-II cities will help developers deliver projects efficiently. These steps will strengthen demand, improve financing, and support sustainable housing development across India.”
Mohit Mittal, CEO-MORES said, “Budget 2026 should treat housing as a key part of India’s growth. Clear policies, support for buyers, and lower taxes will help the sector grow.
Raising affordable housing limits, reducing GST and registration costs, and encouraging more investment will boost demand. Focus on Tier-II cities and faster approvals will increase confidence for buyers and investors.
This approach will help the real estate sector grow steadily, benefit homebuyers, and ensure more people have access to quality housing across India.”
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