Budget 2025 Expectations , Real Estate News : The real estate sector is witnessing strong growth driven by rising urbanization and increasing demand across affordable, mid-income, and luxury segments. The property prices and construction costs have consistently increased over the years. This sector is one of the pivotal contributors to the Indian economy and the real estate developers are hopeful that the upcoming budget will provide an impetus to make housing accessible and sustainable for growth.

Aditya Kushwaha, CEO and Director, of Axis Ecorp, is hoping that the budget 2025 will prioritize tax relief for homebuyers and streamline regulations. "Introducing tax benefits for those investing in REITs focused on premium commercial or residential assets would encourage more investments and boost the sector. We are also hoping that the government will continue to invest in infrastructure projects. These measures will help the housing sector remain a key contributor to economic progress," he said.

Kushwaha also sought to grant industry status to the real estate sector. "It has been a long-standing demand, and we remain hopeful it will finally be addressed this year. Such a move has the potential to significantly stimulate growth, benefiting numerous ancillary industries, driving job creation, enhancing skill development, and amplifying overall economic activity," he stated.