As we approach the Union Budget 2025-26, the real estate sector continues to be a cornerstone of India’s economic framework, contributing significantly to GDP growth and employment generation.
This year, we look forward to policy interventions that will address long-standing challenges and unlock the sector's true potential. Recognising real estate with 'industry status' remains a crucial demand, as it would streamline access to institutional funding and lower financing costs.
Additionally, measures like single-window clearance for approvals and rationalisation of GST on construction materials can dramatically enhance operational efficiency and cost management.
We hope to see fiscal incentives that not only stimulate demand across all segments but also promote sustainable and innovative urban development.