Real-Estate Sector Budget 2025 LIVE: No income tax payable up to Rs 12 lakh under new regime | ET RealEstate

Arvind Nandan, Managing Director, Research & Consulting, Savills India

The Budget 2025 marks a significant step towards economic prosperity by driving consumption, investment, and real estate growth. It presents a progressive approach to real estate and homeownership, reinforcing India’s aspirations for financial growth and stability.

By ensuring a more streamlined approach to taxation, the government has strengthened household purchasing power, potentially driving demand for both primary and secondary housing markets. Additionally, long-term capital from insurers can fuel affordable housing and smart city initiatives, making real estate a more attractive investment avenue.

The National Geospatial Mission, linked to PM Gati Shakti Yojana, will enhance urban planning, infrastructure development, and land record transparency, reducing disputes and boosting investor confidence. Moreover, the expansion of the SWAMIH-2 Investment Fund is a major boost for India’s real estate sector, particularly in addressing stalled housing projects and supporting middle-class homebuyers. With an additional ₹15,000 crore allocation, the initiative will help unlock stuck inventory, stabilize property prices, and increase the supply of affordable housing, benefiting both developers and homebuyers. Further, the approval of 100% FDI in insurance is set to boost the BFSI sector, which will augment the demand for office real estate in the near future.