Real Estate Sector Urges FM for Tax Reforms, Faster Approvals in Budget 2026

• The real estate sector seeks policy stability, tax rationalisation, and faster approvals in the upcoming Union Budget 2026.
• Industry leaders propose revising the affordable housing cap to Rs 70-75 lakh, granting full industry status, and recognising housing as national infrastructure.
• There's a significant shift in demand towards premium homes, with HNI and NRI buyers increasing their share of property investments.
• Calls for simplified taxes, GST rationalisation, uniform stamp duty, and higher home loan deductions to boost buyer confidence and liquidity.
• The sector also advocates for single-window approvals, digitisation of land records, and promotion of digital engineering tools for efficiency.

Why It Matters: Real estate seeks Budget 2026 reforms: tax cuts, faster approvals, and support for Tier-2 growth.