Budget 2026: Will Your Home Dream Come True? Real Estate Seeks Major Boost

Business
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News18•08-01-2026, 16:40
Budget 2026: Will Your Home Dream Come True? Real Estate Seeks Major Boost
- •Real estate sector expects significant relief from Budget 2026 amid rising costs and unchanged tax limits.
- •Industry demands increasing affordable housing limit from Rs. 45 lakh to Rs. 80-90 lakh for GST benefits.
- •Calls for reducing GST on construction work contracts from 18% to 12% to revive stalled projects.
- •Reinstatement of Section 80EEA home loan interest deduction sought to ease EMI burden for middle-class.
- •Demand for infrastructure status for real estate, single-window clearance, and incentives for Tier-1.5/2 cities.
Why It Matters: Budget 2026 holds key to making homeownership affordable and boosting the real estate sector.
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