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 real estate sector has witnessed steady momentum driven by improving buyer confidence and increased institutional participation. In the forthcoming Union Budget, we expect policy measures that further enhance transparency, simplify transactions, and strengthen the ease of doing business across the real estate ecosystem. Rationalization of stamp duty, clarity in taxation, and simplified compliance norms will significantly benefit both end users and investors.
Commercial real estate and luxury housing continue to attract strong interest, supported by India's infrastructure push and evolving occupier and lifestyle preferences. From an NRI perspective, greater clarity on taxation, repatriation norms, and investment regulations will further boost cross-border investments. Continued focus on infrastructure-led development, faster execution of key connectivity projects, and policy support for redevelopment will unlock new opportunities across high-value residential and commercial markets, while enabling smoother, more efficient transactions.

Mr. Nihar Jayesh Thakkar, Founder, The Mandate House Private Limited

21 Jan 2026

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While the continued focus on infrastructure is welcome, the Union Budget 2026 must now look beyond 'what' we build to 'how' we build. To meet India's urban housing and commercial demands, we need to transition from labor-heavy, resource-intensive traditional methods to modern, dry-construction technologies. We expect the government to incentivize circularity in construction - specifically rewarding the use of recyclable materials like gypsum that minimize waste and reduce the 'embodied carbon' of our cities. By providing fiscal support for energy-efficient building systems and prioritizing 'Value over Lowest Cost' in public procurement, the Budget can accelerate India's path to a Net-Zero built environment while ensuring faster, world-class project delivery.

Mr Sumit Bidani, CEO, Knauf India.

20 Jan 2026

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India's real estate sector is on track to become a USD 1 trillion industry by 2030, contributing nearly 13% to GDP and supporting over 70 million livelihoods. However, there are several challenges that are hampering the growth of the sector. Rising land prices, construction inflation, and a complex tax regime have stretched affordability, especially for mid-income homebuyers.

Ahead of the Union Budget, the sector could benefit from rationalisation of GST on under-construction homes and raw materials, along with reinstating tax relief for affordable housing, will allow developers to improve viability without passing costs on to end-users.

Additionally, considering the recent challenge of air pollution caused due to construction processes, incentivizing a shift to steel and precast structures over the current Reinforced Concrete (RC) mixtures, would help real estate developers adopt cleaner construction processes.

Uniform stamp duty across states, enhanced home loan tax benefits, industry status for real estate, and easier access to long-term, low-cost capital are critical to boosting demand and investor confidence. Further, clearer taxation, single-window approvals, support for rental and mixed-use developments, and sustained focus on urban infrastructure and transport connectivity-particularly in Tier II and Tier III, will help build employment hubs.
With this support, the sector can unlock sustainable growth while strengthening homebuyer confidence and long-term livability.

Jayesh Rajpurohit, Co-Founder and CEO of Brick & Bolt

20 Jan 2026

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Indian retail real estate stands at a decisive turning point between sustainability and smart technology. With urbanisation set to reach 38% by 2030 and retail space demand projected to cross 80 million sq. ft. by 2028, the sector must evolve fast. Sustainability is no longer optional; India’s green building footprint has doubled to over 13 billion sq. ft., showing that energy-efficient design now drives profitability and brand value. At the same time, smart technology - from IoT-based energy systems to predictive consumer analytics- is redefining how malls and retail parks operate. For developers and brands alike, the future lies in creating intelligent, low-impact, high-experience ecosystems. Those who integrate sustainability and technology today will shape the resilient, experience-driven retail landscape of tomorrow.

Mr. Harish Fabiani, Chairman, IndiaLand

28 Nov 2025

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While a rate cut would have provided a much-needed boost to the affordable and mid-range housing, the current market dynamics suggest that homebuyers in Thane are driven more by long-term confidence than short-term rate fluctuations.
The absence of a rate cut by RBI might result in some challenges for Thane's residential real estate, which is among the fast-growth property hubs in the Indian real estate market. "However, the demand for homes is expected to remain steady, driven by factors beyond interest rates,"

- Mr. Sachin Mirani, President, CREDAI MCHI Thane

07 Aug 2025

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With the festive season around the corner, Thane's real estate developers are focussed on sustaining market momentum by being customer centric.
Stakeholders in Thane real estate mentioned offering of attractive deals and flexible payment plans by a segment of Thane real estate developers. "Being responsive to market conditions has been the hallmark of Thane property market,"

- Mr. Faiyaz Virani, Hon. Secretary, CREDAI MCHI Thane

07 Aug 2025

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RBI's decision to maintain a status quo on the policy rate reinforces stronger purchasing sentiment for homebuyers, especially during the festive season. The unchanged repo rate translates into sustained interest rates, which in-turn may encourage a larger segment of homebuyers to plan their investments through financing. The continued policy transmission of earlier rate cuts is gradually easing EMIs, reinforcing buyer confidence and making homeownership more accessible.

- Mr. Kamal Khetan, Chairman & Managing Director, Sunteck Realty

07 Aug 2025

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The RBI's decision to maintain the repo rate at 5.5% despite easing inflation reflects a cautious yet balanced approach to managing global headwinds and domestic stability. For the real estate sector, a status quo on rates ensures continued momentum in homebuyer sentiment and sustains the affordability factor in housing. However, given the moderating inflation and macroeconomic uncertainties, the industry looks forward to a calibrated rate cut in upcoming reviews to further support growth, especially in the affordable and mid-income housing segments.

- Mr. Prashant Sharma, President, NAREDCO Maharashtra

07 Aug 2025

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The real estate sector has shown resilience despite global uncertainties. With inflation under control and GDP growth projected steadily, a repo rate cut would have been the perfect catalyst to trigger festive season demand. However, the RBI's decision to hold the rate steady keeps the environment predictable and EMIs affordable. The industry remains cautiously optimistic that a more dovish stance could follow if inflation stays within the comfort zone.

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

07 Aug 2025

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While the RBI's decision to maintain the repo rate ensures monetary stability, the sector was optimistic about a rate cut given the drop in inflation to 2.1%. Affordable housing and first-time homebuyers remain extremely interest rate sensitive. A cut would have significantly pushed housing demand forward. Nevertheless, we hope the RBI remains open to easing rates in the upcoming cycles to spur broader economic and sectoral growth.

- Mr. Vikas Jain, CEO, Labdhi Lifestyle and President, NAREDCO Maharashtra NextGen

07 Aug 2025

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