The Union Budget 2025 has provided a significant boost to India’s real estate sector, with key reforms and increased allocations aimed at housing, infrastructure, and urban development. Industry experts have hailed the budget as a growth catalyst, ensuring sustained momentum for residential and commercial real estate.
One of the most notable announcements is the enhanced incentives for affordable housing, including increased tax benefits for first-time homebuyers and an expanded Pradhan Mantri Awas Yojana (PMAY) budget. This move is expected to drive housing demand, particularly in Tier-2 and Tier-3 cities.
Additionally, the government’s increased capital expenditure on urban infrastructure projects, such as metro expansions, smart city developments, and transport connectivity, will fuel commercial and retail real estate growth. “The Budget lays a strong foundation for long-term growth in real estate, with a focus on sustainable and resilient urban planning,” said an industry leader.
Further, relaxations in taxation and investment regulations for real estate investment trusts (REITs) and foreign direct investment (FDI) in the sector are expected to attract global investors and boost liquidity. Experts predict robust growth in the coming years as policy support continues to shape India’s evolving real estate landscape.