Budget 2026 did not give direct, big-ticket tax sops to homebuyers. But it focused on infrastructure and urban development, giving an indirect boost to housing.
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The government will increase capital expenditure by 9% to ₹12.2 lakh crore, focusing on roads, essential amenities, and urban development in Tier-I and Tier-II cities.
Driven by a surge in home sales, property prices in metro cities like Mumbai and Delhi are expected to rise by 10–15%, while improved planning and supply will fuel long-term price appreciation in Tier-II cities.
The budget did not include tax relief on home loans or a reduction in GST. The prices of entry-level homes and luxury apartments are likely to remain unchanged.
The allocation for PMAY-Urban and PMAY-Rural has been increased. The Centre has set a target of 2 crore additional rural houses and 1 crore urban houses under the current phase.