By Admin 
Budget 2026: The real estate sector has many important expectations from the Union Budget 2026. The industry hopes that the government will further accelerate infrastructure development, which will improve connectivity and develop new residential and commercial corridors.
Increasing tax incentives for homebuyers, especially interest subvention on home loans and encouragement of affordable housing, can boost demand. Also, GST rationalization, easier financing and faster approval processes will make projects more viable for developers. A stable and visionary budget can make real estate a strong base for economic growth and employment generation.
What does the real estate sector expect from the budget?
Ashish Bhutani, CEO, Bhutani Infra, said, “As we approach the Union Budget, the real estate sector is looking forward to policy initiatives that will further facilitate investment, accelerate infrastructure development and provide strong support to sustainable urban growth. Rationalization of taxation, expansion of metro and expressway connectivity and promotion of green and wellness-based development can significantly boost investor confidence. “A stable and forward-looking policy environment will not only enable long-term value creation in commercial and mixed-use real estate, but will also play an important role in generating employment opportunities and maintaining overall economic momentum.”
Noida’s real estate market is rapidly emerging
Talking about the upcoming budget, Rohit Kishore, CEO, Hero Realty, says, “As we approach the Union Budget 2026, Noida’s real estate market is at a critical juncture. The area has already become a high-growth residential and commercial corridor due to the soon to be operationalized Noida International Airport, improved connectivity with the expansion of expressways and metro. The demand from end-users is increasing due to the arrival of corporates, data centres, GCC and global manufacturing companies in this area. At such times, targeted financial support becomes very important.
He further said, “Tax incentives for home buyers, especially increasing the interest deduction under section 24(b) to Rs 5 lakh, will sustain the demand and make buying a home easier.” Additionally, policies that promote mixed-use development, rental housing and last-mile infrastructure will help Noida become a mature, self-sustainable urban economy. “To truly make Noida one of India’s leading economic hubs, the Budget needs to combine infrastructure-led growth with long-term homebuyer confidence and livability.”
Demand is increasing even in small cities
Rama Group Director Prakhar Aggarwal said, “Budget 2026 is a good opportunity to go beyond the cities and give a new direction to the housing sector of the entire country. In Tier-2 and Tier-3 cities, people are now more interested in purchasing their own homes and the demand from genuine buyers is also increasing. If the government brings right policies then this development can become faster. It is necessary to simplify GST on construction, give more tax exemption to homebuyers, keep the prices of houses within the budget of common people and continuously invest in roads, transport and connectivity in cities. This will make it easier to buy a house and will give a new impetus to real estate across the country.
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