Budget 2026: Housing Finance Reforms to Ignite Home Buying Interest

• Government eyes major housing finance reforms in Budget 2026 to enhance affordability and buyer confidence.
• Proposals include increasing Section 24(B) interest deduction from ₹2 lakh to ₹5 lakh.
• Experts suggest a separate limit for home loan principal deduction, currently crowded under Section 80C.
• Reintroduction of Credit Linked Subsidy Scheme (CLSS) for mid-income groups could save ₹3-5 lakh.
• Measures for faster home loan processing and no-cost digital balance transfers are also crucial.

Why It Matters: Budget 2026 reforms aim to boost home buying through increased deductions and easier financing.