By Mr. Sarveshaa SB, Chairman & MD, BHADRA Group
Bengaluru, Jan 27: “As Union Budget 2026-27 approaches, the real estate sector is looking for a clear roadmap that keeps the current upswing going while making homeownership more affordable and projects easier to deliver. Tax and GST relief are at the top of our expectations, with a strong need for higher deductions on home loan interest under Section 24 and a more rational GST structure on construction inputs and under-construction homes, especially for first-time and affordable homebuyers. Equally important is liquidity support through easier institutional credit, credit guarantees for housing-focused NBFCs, and the revival or expansion of interest subvention and 80EEA-type benefits so more Indian families can own homes.’
He further added, “The industry is also seeking simpler, more predictable capital gains rules to draw in long-term domestic and global capital, particularly into premium and luxury housing. Moreover, the long-awaited recognition of real estate with formal ‘industry status’, combined with a sustained push on urban infrastructure, logistics and smart cities and faster single-window digital approvals, will be key to unlocking lower-cost finance, speeding up project timelines, and spreading growth beyond just Tier 1 cities.”