livemint.com-Budget 2025: From Infrastructure status to reforms in Affordable Housing, here’s what real estate sector demands
With the Union Budget 2025-26 just weeks away, the real estate sector is calling for bold reforms to reignite growth and address pressing challenges. After a subdued second half of 2024, owing to general and state elections and lackluster GDP performance, industry leaders are urging the government to introduce measures that could revive demand, bolster affordable housing, and improve urban infrastructure.
One of the most anticipated measures is the enhancement of tax benefits for homebuyers. Dr. Niranjan Hiranandani, Chairman of NAREDCO, has called for an increase in the home loan interest deduction limit from ₹2 lakh to ₹5 lakh.
