Union Budget 2026 reinforces real estate as a core investment pillar. The simplification of NRI property sale transactions is a structural reform that improves liquidity and accelerates cross-border capital inflows. A dedicated 5,000-crore push for Tier-2 and Tier-3 cities, supported by the newly introduced Risk Guarantee Fund, materially reduces execution risk and enhances investor confidence. With infrastructure capital expenditure rising to 12.2 lakh crore, city-economic regions are set to expand beyond metros, driving housing demand through improved connectivity, employment, and urban infrastructure. For real estate investors, this Budget shifts the narrative from speculative growth to policy-backed, data-driven returns. Emerging cities now offer a compelling mix of affordability, infrastructure momentum, and long-term appreciation making this the right cycle to invest with conviction.

Ashish Narain Agarwal, Founder & MD of PropertyPistol

01 Feb 2026

Metro cities are witnessing saturation, with residential prices rising 25-30% over the last three years, alongside land scarcity, stretched infrastructure and longer approval cycles. In contrast, Tier-2 and Tier-3 cities now account for 44% of residential land acquisitions and are driving demand beyond metros. Housing sales across 60 cities crossed 6.8 lakh units in 2024, up 23% YoY, reflecting stronger affordability and connectivity. Digitalisation incentives and sustained infra spending will be critical for enabling safe, smart and scalable urban ecosystems across emerging city economic regions. Increase in infrastructure capex from 11.2 lakh crore to 12.2 lakh crore for FY27, combined with 500 crore in government support and the Infrastructure Risk Guarantee Fund, will materially improve project viability and private capital participation. However, it lays out a decisive blueprint for India's next phase of urban growth.

Akshay Taneja, CEO, TDI Infrastructure

01 Feb 2026

Budget 2026-27 sends a strong and timely signal towards building future-ready infrastructure for India. The government's continued focus on public capital expenditure of 12.2 lakh crore, development of Tier 2 and Tier 3 cities, expansion of dedicated freight corridors, inland waterways, and creation of a robust infrastructure risk guarantee framework will significantly strengthen India's infrastructure backbone.
Equally encouraging is the emphasis on emerging technologies, particularly artificial intelligence, with large-scale capacity-building initiatives and national technology missions. As infrastructure networks expand in scale and complexity, digital engineering, AI-driven design, geospatial intelligence, and predictive modeling will be critical to enhancing safety, quality, resilience, and lifecycle performance of assets across highways, waterways, urban infrastructure, and logistics corridors. We see this Budget as an opportunity to accelerate the adoption of open, interoperable digital technologies across the construction and infrastructure ecosystem. By embedding digital-first design, planning, execution, and maintenance practices, India can deliver infrastructure that is not only faster and more cost-efficient, but also sustainable and resilient for decades to come. We look forward to supporting India's infrastructure vision through technology-led innovation and global best practices.

Sunil Pandita, CDO, Nemetschek Group

01 Feb 2026

Union Budget 2026-27 articulates a more integrated real estate vision, where metro markets continue to anchor institutional stability while temple towns and pilgrimage corridors evolve as structured growth extensions. By scaling public capital expenditure to 12.2 lakh crore, the government is reinforcing infrastructure intensity across established cities and culturally significant destinations alike. Improved connectivity around temple towns will enable a transition from fragmented, seasonal development to planned hospitality districts, mixed-use assets, and organised residential catchments, while metros benefit from deeper liquidity through CPSE asset monetisation via dedicated REITs. The introduction of the Infrastructure Risk Guarantee Fund reflects a mature policy approach that recognises execution risk as a core constraint to quality development. Together, these measures position real estate as a long-term enabler of economic continuity, urban depth, and sustainable value creation across markets.

Vishal Raheja, Founder & MD, InvestoXpert Advisors

01 Feb 2026

Union Budget 2026 lays down a strong foundation for India's real estate sector by significantly increasing infrastructure investment, with capital expenditure raised to 12.2 lakh crore for FY27,the highest ever which will drive connectivity and economic activity across urban and emerging markets. The emphasis on fast tracking REIT led asset recycling and support for Tier 2 and Tier 3 cities signals meaningful policy support to improve liquidity and investor confidence. Together with enhanced affordability measures and financing options, this Budget can catalyse demand and help the real estate industry sustainably contribute to job creation, urbanisation, and inclusive growth.

Saransh Trehan, Managing Director, Trehan Group

01 Feb 2026

Budget 2026 is a major boost for India's holiday home and tourism-linked real estate sector. With 12.2 lakh crore allocated to infrastructure, including high-speed rail, waterways, and eco-tourism corridors, connectivity to key leisure destinations will improve significantly. In Goa, a prime leisure and lifestyle destination, these initiatives are expected to enhance demand for holiday homes and resorts. Programs such as the National Institute of Hospitality, B12 hospitality classes, tourism courses with IIM collaboration, and the National Destination Digital Knowledge Grid will upskill over 10,000 professionals, integrating digital tools into hospitality education. Coupled with focus on India's cultural, spiritual, and heritage sites, these measures will strengthen demand for lifestyle-driven real estate and reinforce India's leadership in tourism and hospitality.

Sunil Sisodiya, Founder & CEO, Neworld Developers

01 Feb 2026

The Union Budget 2026 provides a strong and credible roadmap for India's next phase of growth, led by a sharp focus on infrastructure, urban development, and financial reforms. The government's decision to raise public capital expenditure to 12.2 lakh crore in FY27, a 9% increase over FY26, will play a critical role in accelerating project execution and crowding in private investment.
The creation of the Infrastructure Risk Guarantee Fund, along with the rollout of seven high-speed rail corridors and the operationalisation of 20 new national waterways over the next five years, will significantly enhance connectivity, reduce logistics costs, and improve the overall efficiency of the real estate and infrastructure ecosystem.
Urban development receives a sustained boost with an allocation of 5,000 crore per year for five years for City Economic Regions, alongside a continued focus on Tier-2 and Tier-3 cities as emerging growth centres. These measures will enable planned urbanisation, support civic infrastructure, and unlock housing demand across new geographies.
Further, accelerated recycling of CPSE real estate assets through dedicated REITs and continued emphasis on InvITs will deepen capital markets, improve liquidity, and strengthen investor confidence across the sector.
On the consumption side, income tax reforms including no tax liability up to 12 lakh under the new tax regime, rationalised TDS and TCS rates, and reduced TCS on overseas tour packages to 2% will enhance disposable incomes and ease compliance, providing indirect yet meaningful support to housing demand.
Overall, the Budget aligns strongly with the long-term vision of Viksit Bharat by 2047 and lays the foundation for sustainable, inclusive, and future-ready economic growth

Mr. Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd.

01 Feb 2026

The Union Budget 2026 proposals are, to a large extent, in line with expectations, particularly the government's continued focus on sustained investment in infrastructure that truly connects people and regions. By strengthening physical and urban infrastructure, the Budget aims to make cities more liveable, efficient, and accessible for citizens across income segments.
The emphasis on Dedicated Freight Corridors, port-led development, and infrastructure expansion in Tier II and Tier III cities is expected to provide a significant boost to the housing sector. These measures will not only support real estate development in emerging urban centres but are also likely to have a positive spillover effect on overall housing demand and price stability in metro markets.
While property prices in Tier I cities are expected to remain largely range-bound, improved connectivity and infrastructure development will encourage residential growth in suburbs and satellite towns. This will enable homebuyers to access more affordable housing options slightly farther from central business districts, without compromising on connectivity to workplaces and major urban hubs.

Mr. Vikas Bhasin, Managing Director, Saya Group

01 Feb 2026

The Union Budget 2026-27 reinforces the government's long-term commitment to infrastructure-led growth, which remains a critical enabler for the real estate sector. The emphasis on infrastructure, risk mitigation, and structured city growth aligns well with our long-term approach to creating high-quality developments that contribute meaningfully to India's evolving urban landscape.
Creation of the Infrastructure Risk Guarantee Fund will enhance lender confidence in the infrastructure sector, which is expected to encourage greater private sector participation in large-scale projects. This bodes well for the real estate sector as real estate demand is closely linked to robust infrastructure and better connectivity.
Moreover, the move to accelerate monetisation of CPSE-owned real estate assets through dedicated REITs while at one hand may strengthen the institutional framework for asset recycling, on the other it may also provide much desired capital efficiency in the sector. Overall, this seems to be a neutral budget from the real estate sector perspective.

Mr. Ashok Kapur, Chairman, Krishna Group and Krisumi Corporation

01 Feb 2026

The Union Budget 2026-27 is a strong vote of confidence in India's urban growth story and reinforces the Government's long-term commitment to planned urban transformation. The sustained focus on infrastructure investment, City Economic Regions, high-speed rail connectivity and enhanced public capex will directly translate into higher demand for housing, commercial spaces and integrated townships, particularly across Tier II and Tier III cities. The proposed high-speed rail corridors, including the Mumbai-Pune route, will significantly improve regional accessibility and provide a major fillip to real estate development along growth corridors. Measures such as monetisation of CPSE real estate assets through REITs and the Infrastructure Risk Guarantee Fund will further improve capital flows and execution confidence for developers. While there are no direct fiscal incentives for homebuyers, the Budget lays a solid foundation for stable, structured and regionally balanced growth of the real estate sector

Mr. Manish Jain, President, CREDAI Pune

01 Feb 2026