Read the full article in Financial Express here:
The upcoming Union Budget 2025-26 holds immense promise for India’s real estate sector, offering an opportunity to address long-standing challenges and unlock new growth avenues. Industry leaders from prominent organizations have voiced their hopes for transformative measures that align with the government’s broader goals of economic growth and Housing for All.
From tax incentives for homebuyers and Real Estate Investment Trusts (REITs) to the long-anticipated ‘industry status’ for the real estate sector, stakeholders are calling for policy reforms to enhance affordability, streamline regulations, and promote sustainable practices.
Mohit Sharma, Founder, Gainers Realtors LLP, said, “The potential that the commercial real estate market has is extraordinary, with rental yields going above and beyond other options of investment. We are seeing a rising demand from both the local community and international investors. The budget should be geared towards implementing policies and tax breaks for REITs so that there is greater institutional investment in Grade A office assets. The sector is optimistic that the forthcoming budget will tackle these issues while making the best out of the opportunities as well as the gains made in the sector recently.