Mr. Murali Malayappan, Chairman & MD, Shriram Properties Ltd .

The recently announced budget is highly promising for several reasons. Boost in Consumer Spending: The increase in the zero-tax slab to ₹12 lakh will result in ₹1 lakh crore in savings for the middle class. This additional disposable income will drive consumption and demand, significantly benefiting multiple industries, particularly the housing sector. Surge in Housing Demand: With increased affordability, housing sales—especially in the mid-market segment—are expected to rise substantially. Additionally, tax relief on self-occupied second home ownership will further incentivize investment in the sector. Expansion of the SWAMIH Fund: The government’s decision to launch a second distressed asset resolution fund with an initial investment of ₹10,000 crore, scaling up to ₹1 lakh crore, will further streamline stalled projects. This move will provide a major impetus to the mid-market housing segment and help clear distressed assets. As a leader in mid-market housing, Shriram Properties Ltd is poised to benefit from the increased demand, enhanced liquidity, and revitalization of distressed assets, positioning us strongly for accelerated growth. This budget is truly a game-changer for the real estate sector.