The Union Budget 2025 strikes a balanced approach towards supporting the real estate sector, especially for the middle class. The SWAMIH Fund’s expansion through the launch of SWAMIH 2.0 is a crucial step toward stalled housing projects, delivery of 100,000 homes, and much-needed liquidity in the affordable and mid-income housing segment. Simultaneously, the support of ₹15,000 crore to states, along with a well-defined three-year project roadmap, will further strengthen infrastructure development.
Though a reduction of ₹1 lakh crore in capital outlay for infrastructure may be worrisome, the government’s focus on public-private partnerships and an ambitious asset monetisation target of ₹10 lakh crore over the next five years should sustain infrastructure growth. If effectively implemented, these measures will improve housing availability, enhance investor confidence, and support long-term urban expansion, making real estate a key driver of economic progress.
