Budget 2025: Real estate seeks transformative reforms to unlock full potential

Real estate is hoping for transformative measures that align with the government’s broader goals of economic growth and Housing for All. The upcoming Union Budget 2025-26 holds immense promise for India’s real estate sector, offering an opportunity to address long-standing challenges and unlock new growth avenues. Industry leaders from prominent organizations have voiced their hopes for transformative measures that align with the government’s broader goals of economic growth and Housing for All.
"We anticipate that the forthcoming budget will emphasize tax relief for homebuyers and simplify regulatory frameworks. Furthermore, the introduction of tax incentives for investments in REITs that focus on premium commercial or residential properties would likely attract additional investments and enhance the sector's vitality. We also expect the government to persist in its commitment to infrastructure development. These initiatives are essential for ensuring that the housing sector continues to play a pivotal role in driving economic advancement. The long-standing request for the real estate sector to be granted industry status remains a priority, and we are optimistic that this issue will be resolved this year," says Aditya Kushwaha, CEO and Director of Axis Ecorp.