SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Experts Speak

The Union Budget 2026 positions real estate as a key growth engine by building a more stable, capital-efficient ecosystem that reduces project risk and attracts institutional investment - a critical need for premium, sustainable housing in fast-growing markets like Hyderabad.
The push for Green Credits and incentives for sustainable construction technologies - such as dry construction methods and recyclable materials - signals a clear policy shift toward environmentally responsible development. The Construction and Infrastructure Equipment (CIE) scheme, with its focus on advanced and energy-efficient equipment including modern lift systems for high-rises, further supports this transition toward smarter, greener buildings.
On the demand side, simplified NRI transactions - especially PAN-based TDS compliance without the need for a TAN - can significantly reduce friction for overseas buyers, making Indian real estate more accessible and investment-friendly. Importantly, the Budget's emphasis on sustainable urban renewal across housing segments from mid-income to premium - along with credit guarantees and process simplification, empowers developers to create more inclusive, well-planned communities. Growth corridors such as Kokapet and Neopolis in Hyderabad are well-placed to benefit from improved financing access and green incentives, enabling projects with smart technologies, global certifications, and future-ready amenities. From a premium developer's perspective, the real opportunity lies in building integrated townships that balance density, sustainability, lifestyle, and livability ensuring that growth remains equitable for both developers and homebuyers, while meeting the rising aspiration for high-quality urban living.

Mr. Lakshmi Narayana G, Designated Partner (Laxmi Infra), GHR Lakshmi Urbanblocks Infra LLP.

03 Feb 2026

cover photo
The Union Budget has yet again reinforced the government's long-term commitment to infrastructure-led growth and is a strong positive for the real estate sector across segments. The sharp increase in public capex to Rs 12.2 lakh crore, along with the continued focus on high-speed rail corridors and infrastructure development in Tier II and Tier III cities, will significantly enhance urban connectivity and liveability. These are key drivers for residential demand and large-scale township developments. The proposed Infrastructure Risk Guarantee Fund is a welcome step that will improve lender confidence and ease financing during the construction phase, enabling developers to execute projects with greater efficiency. The added push for domestic manufacturing of high-value, technology-advanced infrastructure equipment such as elevators and fire-fighting systems will help reduce costs, improve quality, and ensure timely project delivery. We see the expansion of REITs as a further strengthening of capital recycling and transparency, creating a healthier, more sustainable ecosystem for real estate development in India.

Mr. Anuj Goradia, Director of Dosti Realty

03 Feb 2026

cover photo
The government's long-term push for urban development and housing affordability, is clear in the Union Budget 2026-27. The continued emphasis on infrastructure reinforces the government's commitment to connectivity, unlocking new growth corridors and strengthening demand across Tier-1 and Tier-2 markets with a capex increase of a record Rs 12.2 lakh crore for this fiscal. The asset monetisation proposal to utilise Central Public Sector Enterprise real estate assets must be welcomed as the strategic use of public land will help create opportunities for mixed-use development and optimum land utilisation. The proposal to set up an Infrastructure Risk Guarantee Fund is also an important practical step that the Budget offers to address long-term project financing. Funds have been a key challenge for the sector and will improve access to credit for large projects and bring in greater certainty to execution. In the long term, I feel this will support smoother delivery and more predictable outcomes, which ultimately benefits homebuyers as well as developers

Mr. Samyag M. Shah, Director of Marathon Nextgen Realty Ltd, CREDAI MCHI Youth wing Convenor

02 Feb 2026

cover photo
The Union Budget 2026-27 strongly reinforces the government's long-term commitment to inclusive and sustainable growth, with infrastructure-led development emerging as a central pillar. The significant increase in capital expenditure to INR 12.2 lakh crore, coupled with continued focus on Tier II and Tier III cities, will act as a powerful demand catalyst for real estate beyond metros. These emerging growth centres are witnessing rising urbanization, aspirational housing demand, and increasing commercial activity, making them the next engines of India's real estate expansion. For Maharashtra in particular, improved connectivity, urban infrastructure funding and the emphasis on growth corridors will significantly enhance housing demand and accelerate redevelopment in urban centres.
Equally encouraging is the Government's balanced approach towards fiscal consolidation while maintaining momentum in infrastructure investment. Measures such as the expansion of REITs, asset monetization by CPSEs and reforms aimed at improving ease of doing business will strengthen investor confidence and attract long-term capital into the real estate sector. Simplification of tax processes, especially for NRIs, and a more investor-friendly framework for foreign capital will further boost confidence. We believe this Budget lays a strong foundation for inclusive urban growth and urges state governments to align policies to ensure faster project execution and improved housing supply.

Mr. Prashant Sharma, President, NAREDCO Maharashtra

01 Feb 2026

cover photo
The Union Budget 2026-27 sends a clear and positive signal to homebuyers and investors alike by reinforcing economic stability, fiscal discipline and long term infrastructure development. The Government's continued focus on capital expenditure, city centric growth planning and enhanced connectivity through high speed rail corridors will significantly improve the livability and investment attractiveness of emerging urban markets. This will translate into improved end user confidence and a more robust residential and commercial real estate market. The government's intent to strengthen the corporate bond market, encourage REITs, and streamline foreign investment norms will improve transparency and capital access for developers and investors alike. From a consumer standpoint, the emphasis on Tier II and III cities and the creation of City Economic Regions will unlock new housing opportunities and offer better value propositions beyond traditional metros. The simplified income tax framework and rationalised compliance mechanisms further enhance ease of doing business, making Indian real estate a more attractive and structured asset class for both domestic and global investors.
Importantly, the Budget also eases compliance for non resident Indians: by waiving the requirement for a separate TAN for TDS on immovable property sales and allowing resident buyers to use PAN based challans, procedural friction in NRI property transactions is meaningfully reduced. At the same time, broader diaspora friendly tax measures like rationalised TCS on overseas remittances, further reinforce investor confidence and make Indian real estate a more attractive asset class for global Indians.

Mr. Kaushal Agarwal, Chairman, The Guardians Real Estate Advisory

01 Feb 2026

cover photo
The government's intent to monetise and recycle under-utilised land and real estate assets of CPSEs and public entities through dedicated REITs is a landmark structural reform for the real estate sector. This move signals a clear shift from traditional ownership to efficient asset management, allowing high-quality public assets to be professionally managed, listed, and unlocked for investment. Dedicated CPSE REITs will significantly deepen India's REIT market by introducing a sizeable pool of institutional-grade assets, improving transparency, liquidity, and pricing efficiency across the real estate ecosystem." "Backed by recent regulatory reforms such as SEBI's reclassification of REITs as equity instruments, this initiative is expected to attract stronger participation from both domestic and global institutional investors. As capital is recycled through market-led vehicles, dependence on bank financing for real estate projects will reduce, governance standards will improve, and long-term project financing will become more sustainable. Over time, this mechanism can set valuation benchmarks, strengthen capital market integration with real estate, and support urban regeneration and commercial property demand across Tier I as well as emerging Tier II and III cities." "Additionally, investment incentives for digital infrastructure and data centres will open up new growth avenues for commercial real estate, particularly in urban and emerging city clusters. The Budget's emphasis on infrastructure-led growth and urban expansion-through high-speed rail corridors, the push towards City Economic Regions, and continued infrastructure investments- will enhance last-mile connectivity, improve liveability, and increase the viability of residential and mixed-use developments in fast-growing locations and well-connected urban pockets.

Mr. Shilpin Tater, Managing Director, Superb Realty

01 Feb 2026

cover photo
The Union Budget 2026-27 reinforces the Government's intent to build inclusive and future-ready cities through sustained infrastructure spending and strategic urban planning. The sharp rise in capital expenditure and focus on Tier II and Tier III cities will encourage planned development in emerging urban centres, which is critical for meeting future housing demand. Additionally, reforms in NBFCs, improved banking health, and enhanced access to bond markets will support timely project execution and funding stability. Simplification of tax procedures and clarity for foreign investors further strengthen the sector's outlook. This Budget lays the groundwork for long-term urban transformation, encouraging developers to align with sustainable and community-centric development models

Mr. Kamlesh Thakur, Co-Founder & Managing Director, Srishti Group

01 Feb 2026

cover photo
The Union Budget 2026-27 underscores the government's commitment to strengthening urban infrastructure and financial systems, which directly supports real estate growth. Increased capital expenditure and sustained infrastructure momentum will enhance connectivity, reduce congestion, and improve quality of life in urban centres, thereby boosting residential demand. The focus on financial sector reforms, simplified tax compliance, and investor-friendly policies will improve liquidity and transparency across the sector. Measures such as REIT expansion, municipal bond incentives, and simplified processes for NRIs will attract long-term capital and reinforce confidence in India's real estate market as a stable, growth-oriented investment destination

Ms. Shraddha Kedia-Agarwal, Director, Transcon Developers

01 Feb 2026

cover photo
Budget 2026-27 signals a clear commitment to infrastructure-driven urbanisation and regional development. The government's continued focus on Tier II and Tier III cities will accelerate land development, planned townships, and long-term real estate appreciation in emerging markets. The proposed high-speed rail corridors will act as powerful growth catalysts, opening up new corridors for residential, industrial, and mixed-use development. Additionally, simplified compliance for NRI property transactions and incentives for digital infrastructure will attract both domestic and foreign investment into Indian real estate. Overall, the Budget lays a strong foundation for early movers in developing growth markets, reinforcing the long-term investment potential of India's expanding urban landscape

Mr. Gaurav Varma, Director, ORA Group

01 Feb 2026

cover photo
The Union Budget 2026-27 provides renewed momentum to the real estate sector through its strong infrastructure push and city-focused growth strategy. Improved urban connectivity, targeted investment in economic corridors and enhanced municipal financing will help create more organised and liveable urban spaces. Continued focus on public capital expenditure will stimulate demand for quality housing and commercial spaces in emerging markets. The push towards REITs, municipal bonds, and improved banking health will enhance funding avenues and reduce execution risks for developers. Additionally, tax simplification and investor-friendly reforms for NRIs and foreign investors will broaden the buyer base, reinforcing confidence in India's real estate sector. The Budget's emphasis on economic resilience and urban infrastructure will translate into steady housing demand and improved buyer confidence.

Mr. Dhruman Shah, Promoter, Ariha Group

01 Feb 2026

cover photo