Real Estate Sector Seeks Policy Reforms and Tax Relief Ahead of Union Budget 2026

Ahead of Union Budget 2026, India's real estate sector urges policy reforms to address rising land and construction costs, declining affordable housing supply, and growing demand for mid-income buyers. Key demands include revising affordable housing definitions and price caps, rationalising GST and housing loan interest deductions, granting industry status, and improving approval processes. Stakeholders also seek tax incentives, infrastructure investment, and support for rental and senior living housing to boost affordability and sustain sector growth amid a booming luxury market.