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

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

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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

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Budget 2026 reflects a sense of stability and confidence in India's real estate market. The absence of disruptive policy changes provides continuity and clarity for both buyers and developers. While there were no direct affordability incentives, the sustained focus on infrastructure spending is a strong positive, as connectivity and urban development continue to shape housing demand. Going ahead, buyer confidence, interest-rate trends, and overall economic stability will play a larger role in driving the market. Developers who focus on timely delivery, quality, and trust will be well-positioned to benefit, particularly in infrastructure-led locations such as Navi Mumbai and Panvel.

Bhavesh Shah, Joint Managing Director, Today Group

01 Feb 2026

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Looking at the Budget through the lens of redevelopment and urban housing, the real test isn't in one-off announcements, it's in how policy, infrastructure spend and clarity of execution create confidence over time. Real estate players have been asking for measures around housing affordability, rental assets and streamlined approvals, and the government's emphasis on macro stability and capital outlay gives a structural backdrop for that dialogue. But for cities like Mumbai, where redevelopment projects are multi-year undertakings, long-term policy stability, sustained connectivity investment, and administrative clarity are the signals that truly move the needle.

Sanjay Daga CEO and Managing Anex Advisory

01 Feb 2026

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There is nothing materially new in Budget 2026 for real estate or homebuyers, as existing tax structures and policy frameworks remain unchanged. However, the sector is entering this phase from a position of strength. If capital markets stay buoyant and consumer sentiment improves, housing demand could continue on its current trajectory making this a budget that relies on market confidence rather than fiscal stimulus to drive real estate growth.

Aditya N. Shah, Joint Managing Director, Mayfair Housing

01 Feb 2026

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Budget 2026-27 has signalled optimism for the real estate sector through two strategic interventions the proposed Infrastructure Risk Guarantee Fund will improve access to capital and speed up the completion of large infrastructure projects, consequently positively impacting the growth of the real estate by improving connectivity. Further, the move to recycle of significant real estate assets that are presently held by Central Public Sector Enterprises (CPSEs) through the creation of REITs will improve productive use of existing land resources, which is a boon for land-starved cities such as Mumbai. The real estate sector could also benefit from the proposed scheme to enhance construction and infrastructure equipment, which will strengthen domestic manufacturing of high-value and technologically advanced equipment the resultant financial and efficiency gains can be passed on to customers, resulting in higher value and better quality projects. The budget makes mention of an infrastructure push, which is a key driver for the real estate sector. At the same time, we urge policy-makers to take into consideration the affordable housing sector and the domino effect it can have on employment, consumption, and social stability. Favourable policy measures can encourage developers to turn their attention to this segment, and help ensure inclusive and sustainable urban growth

Prashant Khandelwal, Joint Secretary of CREDAI MCHI and CEO of Agami Realty

01 Feb 2026

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As we approach the Union Budget 2026, the real estate sector remains optimistic, with expectations focused on sustained policy support to improve housing affordability, ease liquidity constraints, and maintain long-term growth momentum. Continued government interventions through fiscal incentives, financing support, and demand-stimulating measures will be critical in strengthening end-user confidence and ensuring the sector's steady contribution to the broader economic recovery.
The real estate sector currently contributes around 7 per cent to India's GDP and supports over 200 allied industries. Granting industry status would improve access to institutional funding, reduce borrowing costs, and enhance transparency, enabling the sector to play a stronger role in job creation and economic growth. According to industry reports, real estate has the potential to contribute up to 15 per cent to India's GDP by 2047, making it a key driver in achieving the vision of a Viksit Bharat by 2047. The extension and reintroduction of the Credit Linked Subsidy Scheme (CLSS) could provide meaningful relief to aspiring homebuyers, especially first-time buyers, while stimulating demand across various housing segments. Such measures would further strengthen buyer confidence and reinforce the sector's role as a key contributor to economic growth.

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

29 Jan 2026

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As a new-age infrastructure and real estate developer, we expect Budget 2026 to keep its focus firmly on connectivity, liveability and sustainability. Continued investment in city level infrastructure--roads, metro corridors, civic assets and water management that directly shapes the quality of life in our micro markets and supports integrated township development.
A predictable policy environment, especially around land approvals, taxation and single window clearances, will help developers plan long term and bring better designed, future ready communities to market. We also hope for incentives that bridge infrastructure and housing, such as stamp duty relief in smart city zones and support for green building certifications.
Budget 2026 is an opportunity to create synergies between infrastructure spending and real estate demand. By prioritising transit-oriented development and sustainable urban planning, the government can unlock private investment in live-work-play ecosystems that create jobs, drive consumption and build inclusive cities. ASBL is committed to delivering projects that embody these principles.

Mr. Ajitesh Korupolu, Founder & CEO, ASBL

26 Jan 2026

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The hospitality sector eagerly awaits Union Budget 2026 to
fuel hospitality & tourism growth through infrastructure
boosts, streamlined regulations, and higher FSI in emerging
cities and leisure destinations like Andaman & Nicobar and
North-East states. Access to long-tenure financing, Viability
Gap Funding, and targeted incentives for luxury assets is
essential to offset rising costs and attract sustained FDI-led
premium demand. Rationalising GST, including treating
services to foreign nationals as deemed exports, will
strengthen global competitiveness and curb international
event outflows. Coupled with skilling incentives and green
building tax benefits, these measures will accelerate job
creation, sustainability, and India's global tourism stature.

Mr. Ranjit Batra, CEO Ventive Hospitality Limited

24 Jan 2026

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For premium and lifestyle focused developments, real estate & infrastructure is the real value multiplier. From our perspective, Budget 2026 is an opportunity to reinforce investments in high quality transport links, social infrastructure and green standards that elevate living experiences.
A stronger push for sustainable building practices and energy efficient designs would encourage developers like GHR Infra to accelerate adoption of low carbon materials, smart home tech and water conservation without compromising on comfort, luxury or aesthetics. We also expect continued support for peripheral corridors where premium housing meets growing connectivity.
This Budget can set the tone for next generation urbanisation, where infrastructure and real estate work in tandem. Measures like viability gap funding for metro extensions and tax benefits for energy efficient buildings will create a virtuous cycle of premium supply, rising aspirations and economic multipliers. GHR Infra looks forward to contributing to this vision.

Mr. Karteesh Reddy, CEO, GHR Infra

23 Jan 2026

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