Budget 2026: Real Estate Stocks to Watch for Policy Impact

• Investors are keenly watching real estate stocks ahead of Union Budget 2026 for potential tax relief and affordable housing incentives.
• Brokerage Motilal Oswal identifies Brigade Enterprises, Prestige Estates, Shobha, Kolte Patil, Mahindra Lifespace, Godrej Properties, Sunteck Realty, and Lodha Group as potential beneficiaries, especially those in affordable/mid-income housing.
• Luxury housing developers like DLF and Oberoi Realty might see limited upside if incentives focus solely on affordable housing.
• Axis Securities favors established companies with strong balance sheets, listing Prestige Estates, Oberoi Realty, Godrej Properties, and Puravankara as preferred stocks.
• PMAY allocation is expected to increase, with a potential rise in the affordable housing price cap from ₹45 lakh to ₹70 lakh, boosting urban demand.

Why It Matters: Budget 2026 is set to significantly influence real estate stocks, with affordable housing developers poised for growth.