Budget 2025: Real Estate’s Expectations, Demands and More
The Indian real estate sector is eagerly awaiting the Union Budget 2025, hoping for measures to boost growth. With housing sales dipping by 26% in the last quarter of 2024, the government needs to announce measures to pump-prime the sector.
Key expectations from the budget include tax benefits, infrastructure enhancements, and service reforms, particularly for senior living communities.
Some specific demands from the sector include raising the tax exemption limit on home loan interest, granting industry status to enable easier access to low-cost financing, and reintroducing GST input credits for residential real estate.
The budget presents a crucial opportunity to address longstanding challenges and catalyze growth in the real estate sector.
Let’s take a deep dive in all of these and much more in this episode of Keeping It Real by Housing.com.
