Ahmedabad-based Kushal Sharma took a ₹50 lakh home loan for an under-construction, self-occupied property and paid ₹1.5 lakh in interest before taking possession. Budget 2026 has clarified that such prior-period (pre-construction) interest can be claimed in five equal instalments after the completion of construction. However, the total annual deduction for home-loan interest on a self-occupied […]
While Budget 2026 does not introduce any real estate–specific incentives, its sustained focus on development of planned growth clusters in tier-II and tier-III cities, including temple towns, is expected to unlock new opportunities across residential, industrial, logistics and mixed-use real estate in both established and emerging markets, say real estate experts. Budget 2026’s focus on […]
India’s budget for 2026-27, presented by Union Finance Minister Nirmala Sitharaman on Sunday, drew attention from business leaders across the country. Uday Kotak, founder of Kotak Mahindra Bank, took to X (formerly Twitter) to share his thoughts, describing it as a “budget for the real economy.” While noting the overall fiscal discipline, Uday Kotak highlighted […]
In engineering circles, efficient organisations live by KISS — Keep It Simple, Stupid. Ironically, simplicity is the hardest thing to achieve. In times past, budgets typically meant higher taxes or cumbersome compliance regimes that empowered tax authorities and unnerved citizens. For a generation raised on “tax terror,” Budget 2026 marks a decisive break from that legacy. […]
Budget 2026–27 reinforced the government’s urbanisation push, prioritising infrastructure development in tier-II and tier-III cities. The renewed emphasis on these cities is expected to create an additional growth lever for the real estate sector alongside tier-I markets, said real estate experts. Budget 2026: CREDAI welcomed the government’s infrastructure push but said it was “deeply disappointed” […]
As markets digested the Union Budget amid mixed reactions, industry leaders offered a longer-term perspective on the government’s priorities and growth agenda. Speaking to ET Now, R Doraiswamy, CEO & MD, LIC described the Budget as a forward-looking roadmap aligned with India’s ambition to become one of the world’s top three economies. “This budget, to […]
Budget 2026 proposes accelerating the ‘recycling’ of real estate assets owned by central public sector enterprises (CPSEs) by creating dedicated Real Estate Investment Trusts (REITs). Budget 2026 has proposed accelerating the ‘recycling’ of real estate assets owned by central public sector enterprises (CPSEs) by creating dedicated Real Estate Investment Trusts (REITs). (Photo for representational purposes […]
Signalling a sharper focus on tier-2 and tier-3 cities, Finance Minister Nirmala Sitharaman on February 1 announced a sustained infrastructure push, with Budget 2026 unveiling a major thrust on regional urban development focusing on the development of city economic regions (CERs), with a proposed allocation of ₹5,000 crore per region over five years to implement […]
inance Minister Nirmala Sitharaman will present her record 9th straight Union Budget in the Parliament today. All eyes will be on key numbers including the fiscal deficit, capital expenditure, debt, borrowing, tax revenue, GST collection and nominal GDP, among others. Spotlight would also be on spending on key schemes like G RAM G, as well […]
Finance Minister Nirmala Sitharaman will present Budget 2026 today, and the real estate sector is expecting a strong focus on affordable and rental housing. Industry stakeholders are seeking a broader definition of affordable housing, tax relief for homebuyers to improve affordability, and incentives for developers to encourage the construction of budget-friendly homes. Budget 2026 expectations: […]