Navin Dhanuka, Director, ArisUnitern
“ The Union Budget 2026 marks a clear shift from short-term cyclical support to building a durable growth backbone for Indian real estate. The emphasis on infrastructure, City Economic Regions and industrial corridors creates a virtuous loop between jobs, housing and urban expansion. By widening the geographical footprint of cities, the Budget enables housing growth beyond saturated urban cores into well-connected peripheral and Tier-2 markets. Equally important is the focus on deepening capital markets through REITs and municipal bonds, which improves long-term funding visibility. Together, these measures reduce execution risk, strengthen buyer confidence and support a more resilient, end-user-driven real estate cycle”
Bhavesh Kothari, Founder & CEO, Property First Realty
“The Union Budget 2026 signals a decisive shift from incremental stimulus to building durable growth capacity across the economy. The government has raised public capital expenditure to ₹12.2 lakh crore in FY27, up 9% year-on-year, underlining infrastructure as the primary growth lever. Enhanced connectivity through seven proposed high-speed rail corridors, 20 new national waterways over the next five years and the introduction of an Infrastructure Risk Guarantee Fund should accelerate execution while improving private sector participation. Urban policy emerges as a parallel pillar. A committed ₹5,000 crore annual allocation for City Economic Regions and continued emphasis on Tier-2 and Tier-3 cities are likely to reshape development patterns, easing pressure on metros and unlocking housing demand in new corridors. Financial market reforms add further momentum, with faster recycling of CPSE real estate assets via REITs and continued support for InvITs improving liquidity and investor confidence. Meanwhile, income tax reforms that raise disposable incomes and simplify compliance provide a measured but meaningful tailwind to consumption and housing demand”
Monty Joshi, Co-Founder, Sarvam Properties
“The Union Budget 2026-27 marks a turning point for India’s real estate sector, setting the groundwork for sustained growth rather than short-term corrections. The strong thrust on infrastructure, city economic regions and decentralised industrial development is expanding housing demand beyond metro cores into emerging Tier-2 and Tier-3 markets. For developers, capital access via REITs/municipal bonds, Infrastructure Risk Guarantee Fund, GST simplification and faster approvals cut execution risks and costs. The growing emphasis on sustainable, green urbanisation closely aligns with our focus on affordable future-ready homes. As housing demand becomes more end-user driven and geographically diverse, we believe this cycle offers durable value creation for our shareholders.”
