Mr. Atul Bohra, Group CEO, Kolte-Patil Developers Limited’ reaction on Budget Response – Market Impact.
Aligning with India’s long-term vision of Viksit Bharat 2047, the Union Budget 2025-26 among other things, emphasized – infrastructure development, fiscal consolidation, progressive tax reforms to boost consumption, focus on the expanding middle class, and building a future-ready workforce. The government’s unwavering commitment to Housing for All, large-scale infrastructure investments, and a business-friendly policy framework are collectively laying a strong foundation for sustained expansion across real estate asset classes. For instance, under the new tax regime income up to INR 12 lakh is tax-free, self-occupied property tax relief extends to two properties, and the TDS limit on rent has been raised from INR 2.4 lakh to INR 6 lakh. These measures are expected to enhance housing affordability, drive homeownership, and stimulate real estate demand.
The proposed outlay of ₹1.5 lakh crore for interest-free loans to states will drive infrastructure upgrades, creating a multiplier effect on real estate growth. The expansion of critical infrastructure like expressways, airports, and smart cities is enhancing connectivity, making both residential and commercial spaces more attractive to investors and end-users alike. For foreign investors, the widened tax exemptions that now includes Foreign Portfolio Investors will unlock substantial capital inflows, strengthening India’s position as a premium global real estate destination.
Furthermore, the ₹1.1 lakh crore Urban Challenge Fund and infrastructure investments will drive city redevelopment, encourage social infrastructure, and create opportunities for urban expansion.
We at Kolte Patil Developers are committed to creating spaces that enhance lives across cities. We look forward to contributing to India’s urban development through communities that shape our nation’s progress.
