Budget 2026: Homebuyers Demand 5 Key Home Loan Reforms from FM Sitharaman

• Homebuyers seek an increase in the Section 24(b) interest deduction limit from ₹2 lakh to ₹5 lakh, citing rising property prices.
• They propose a separate ₹2.5-3 lakh limit for principal repayment or an increase in the overall ₹1.5 lakh limit of Section 80C.
• Reintroduction of Section 80EEA benefits (₹50,000 deduction for first-time homebuyers) is requested, including under the new tax regime.
• First-time buyers expect policy support like interest subvention or EMI relief during the initial years of their home loans.
• Calls for expanding affordable housing limits, priority sector classification, and incentivizing banks to reduce costs for cheaper housing finance.

Why It Matters: Homebuyers urge FM Sitharaman for 5 crucial home loan reforms in Budget 2026 to boost housing.