The real estate industry is eagerly anticipating Budget 2025, with expectations of increased tax incentives for affordable housing. Industry experts believe that favorable tax policies and financial support can boost housing development and make homeownership more accessible to middle and lower-income groups. Developers and stakeholders are looking forward to measures that will reduce the cost burden and encourage more investments in the housing sector. The government’s focus on infrastructure development and urban expansion is also expected to play a crucial role in shaping real estate policies.
Affordable housing has been a key priority in past budgets, and industry leaders are hopeful for additional tax exemptions, subsidies, and interest rate benefits in 2025. The sector is pushing for enhanced benefits under Section 80-IBA of the Income Tax Act and an extension of incentives for developers involved in affordable housing projects. Experts believe that increased tax rebates on home loans and reductions in GST for real estate transactions can significantly impact market growth.
With rising urbanization and demand for housing, real estate players are urging the government to introduce reforms that will streamline project approvals and reduce construction costs. The introduction of policies that improve liquidity for developers and first-time homebuyers is expected to create a positive impact on the industry. Many are also advocating for improved access to financial schemes that support affordable housing, making it easier for buyers to invest in property.
As Budget 2025 approaches, the real estate sector remains optimistic about government support in the form of tax benefits, regulatory reforms, and infrastructure funding. These measures will be crucial in driving economic growth and fulfilling the dream of housing for all. The upcoming budget will determine the direction of the real estate market and its long-term sustainability in India.
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