Homebuyers Demand Key Reforms in Budget 2026 for Affordable Housing

• Homebuyers seek higher tax exemptions, including raising Section 24(b) interest deduction limit to Rs 5 lakh and extending benefits to the new tax regime.
• Demand reinstatement of Section 80EEA for first-time homebuyers, offering up to Rs 50,000 deduction, and its inclusion in the new tax regime.
• Call for policy support like interest subvention or EMI relief in early loan years to boost affordability, especially for first-time buyers.
• Suggest reforms such as expanding priority-sector classification, higher loan limits for affordable housing, and reducing fees.
• Urge support for clearing stalled projects to alleviate dual financial burdens (EMI + rent) on buyers.

Why It Matters: Homebuyers want Budget 2026 to introduce tax and policy reforms for affordable housing and ease financial burdens.