As the country looks ahead to the Union Budget 2026, India’s real estate sector stands at a critical juncture—buoyed by steady end-user demand, improving market confidence, and the government’s sustained focus on infrastructure-led growth. Industry leaders believe the upcoming budget presents an important opportunity to reinforce housing affordability, strengthen financing mechanisms, and support long-term, sustainable urban development. With real estate playing a pivotal role in employment generation, GDP contribution, and the vision of a ‘Viksit Bharat’ by 2047, stakeholders are hopeful that targeted fiscal measures, policy continuity, and incentives for both homebuyers and developers will further accelerate the sector’s growth momentum.
Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd, said, “As we approach the Union Budget 2026, the real estate sector remains optimistic, with expectations focused on sustained policy support to improve housing affordability, ease liquidity constraints, and maintain long-term growth momentum. Continued government interventions through fiscal incentives, financing support, and demand-stimulating measures will be critical in strengthening end-user confidence and ensuring the sector’s steady contribution to the broader economic recovery.
The real estate sector currently contributes around 7 per cent to India’s GDP and supports over 200 allied industries. Granting industry status would improve access to institutional funding, reduce borrowing costs, and enhance transparency, enabling the sector to play a stronger role in job creation and economic growth. According to industry reports, real estate has the potential to contribute up to 15 per cent to India’s GDP by 2047, making it a key driver in achieving the vision of a ‘Viksit Bharat’ by 2047.
The extension and reintroduction of the Credit Linked Subsidy Scheme (CLSS) could provide meaningful relief to aspiring homebuyers, especially first-time buyers, while stimulating demand across various housing segments. Such measures would further strengthen buyer confidence and reinforce the sector’s role as a key contributor to economic growth.”
Ashok Kapur, Chairman, Krishna Group and Krisumi Corporation, said, “As the Union Budget 2026 approaches, the government, with a focus on accelerating growth, is expected to introduce reforms aimed at improving efficiency across key sectors, including real estate. As a significant contributor to GDP and India’s second-largest employer after agriculture, the real estate sector is well-positioned to support overall economic activity, backed by steady end-user demand and long-term value creation.
We expect the government to maintain its strong focus on infrastructure development, given its multiplier effect on the economy and its role in improving connectivity, liveability, and urban efficiency. An extension and expansion of the Credit Linked Subsidy Scheme (CLSS) would provide significant relief to homebuyers. Policy stability and regulatory clarity will also remain important in reinforcing buyer confidence and encouraging disciplined, quality-led development across residential markets.”
