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Budget 2026: India's Real Estate Seeks Growth Fuel
14 Jan
Summary
- Real estate sector urges policy support for growth and affordability.
- Senior living homes seek formal recognition and sector-specific incentives.
- Developers call for increased home loan interest deductions and GST rationalization.
India's real estate sector is anticipating Budget 2026, seeking crucial policy support to sustain growth, improve housing affordability, and ease operational challenges. Developers are pushing for practical reforms focused on demand stimulation, simplified taxation, and enhanced urban infrastructure.
Key expectations include formal recognition of senior living and retirement homes as a distinct category, offering incentives and clear policy guidelines. Additionally, developers advocate for increased home loan interest deductions and a revision of the affordable housing price cap to Rs 75-80 lakh to reflect current market realities.
Reforms aimed at lowering costs and improving efficiency, such as GST rationalization, tax transparency, and easier access to institutional funding, are also high on the agenda. Luxury housing developers are looking for adjustments in capital gains rules to support high-value transactions, while all segments hope for measures that foster a more balanced and future-ready housing market.
