Union Budget 2026–27: Real Estate Sector Seeks Policy Support to Sustain Growth

Bengaluru, January 30, 2026:
With the Union Budget 2026–27 around the corner, the real estate sector is hopeful of policy measures that can sustain the current momentum while making homeownership more accessible and project execution smoother, said Mr. Sarveshaa SB, Chairman & Managing Director, BHADRA Group.

Sharing his expectations, Mr. Sarveshaa SB said the industry is looking for meaningful tax and GST reforms to boost buyer sentiment and developer confidence. He emphasized the need to enhance deductions on home loan interest under Section 24, along with a more rational and simplified GST structure on construction inputs and under-construction properties. Such measures, he noted, would significantly benefit first-time homebuyers and those in the affordable housing segment.

He also highlighted the importance of improving liquidity across the sector. “Easier access to institutional credit, credit guarantees for housing-focused NBFCs, and the revival or expansion of interest subvention schemes and benefits similar to Section 80EEA can play a crucial role in enabling more Indian families to own homes,” he said.

Mr. Sarveshaa SB further added that the industry is seeking clearer and more predictable capital gains taxation norms to attract long-term domestic and global investments, particularly in the premium and luxury housing segments. He stressed that granting formal ‘industry status’ to real estate, a long-standing demand, would help unlock lower-cost financing and improve overall efficiency.

A continued focus on urban infrastructure development, logistics, smart cities, and the introduction of faster, single-window digital approval systems would, he said, accelerate project timelines and promote balanced growth beyond Tier 1 cities.

“These reforms together can strengthen confidence, reduce costs, and support sustainable expansion of the real estate sector across the country,” he added.

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