Budget 2026: Home Loan Interest Exemption May Rise to ₹5 Lakh, Boosting Housing

• Expectations are high for Budget 2026 to increase home loan interest exemption from ₹2 lakh to ₹5 lakh.
• This move aims to provide relief to homebuyers amidst rising house prices and interest rates.
• Real estate organizations advocate for the increase to stimulate demand and support the middle class.
• There's also a demand to revise the definition of affordable housing, currently capped at ₹45 lakh.
• An increase in standard deduction on rental income from 30% to 50% is also proposed to attract investment.

Why It Matters: Budget 2026 may significantly increase home loan interest exemption, offering relief to homebuyers and boosting real estate.