Targeted fiscal measures are critical to sustaining housing demand, reviving stalled projects and aligning policy with current market realities, industry leaders have said.
(file photo)
Business
M
Moneycontrol19-01-2026, 16:21

Budget 2026: Realty Sector Demands SWAMIH Fund Expansion, Tax Relief for Housing Revival

  • Real estate stakeholders urge the government to expand the SWAMIH Fund and implement tax reforms in the upcoming Union Budget 2026.
  • Key demands include increasing home loan interest deduction from Rs 2 lakh to Rs 5 lakh, reducing GST on housing, and providing interest subsidies.
  • The SWAMIH Fund, launched in 2019, has already revived nearly one lakh housing units in stalled projects across India.
  • Industry bodies like NAREDCO and CREDAI Haryana emphasize the need for infrastructure status for real estate and incentives for first-time homebuyers.
  • Experts highlight that current affordable housing caps and size limits are outdated due to rising inflation and construction costs.

Why It Matters: The realty sector seeks significant government support through fund expansion and tax reforms to boost housing and economic growth.

More like this

Loading more articles...