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: […]
For Budget 2026, homebuyers have proposed that the government clearly define ‘affordable’ and ‘mid-segment’ housing, including caps on permissible rates per square foot of carpet area and minimum mandatory facilities and amenities. Their wishlist also includes stricter accountability for developers, with financial penalties for project delays or failure to honour booking-stage commitments, mirroring the loss […]