This time the budget will promote real estate. Awakening
Jagran correspondent, Noida. Investors have to think twice before investing in property in Noida. In the last one and a half decade, the confidence of more than two lakh buyers stuck in investment has diminished. The government tried to win this trust in the budget. Made a major announcement for Real Estate Investment Trusts (REITs).
The government proposes to create a dedicated REIT to rapidly monetize and recycle large real estate assets of Central Public Sector Enterprises (CPSEs) such as land, buildings, office space. The government has tried to move away from ownership and focus on asset management. Due to this, investors got income in the form of rent. Retail and retail and institutional investors will be able to participate easily.
The budget's focus on infrastructure and economic strength, and increase in public expenditure to Rs 12.2 lakh crore, will further accelerate the real estate boom that has been witnessed over the past few years. New real estate markets will emerge outside major metro cities. - Manoj Gaur, CMD Gaur Group
The HVAC industry is expected to benefit from Budget 2026. There will be increased emphasis on infrastructure, construction of houses, factories and energy-saving technologies. This will give impetus to the air conditioning, ventilation and cooling system industry. - Sachin Maheshwari, MD Carrier Group and Chairman Rata
The government's decision to increase capital expenditure to Rs 12.2 lakh crore further strengthens its long-term commitment towards infrastructure-led growth. This is very important for the real estate sector. - Amit Modi, Director County Group
Infrastructure is the biggest factor driving demand for home buying and the emphasis given on it in the budget can change the trend of premium housing in metro cities and other areas. Demand may increase in outer areas also. - Salil Kumar, Director Marketing and Business Management CRC Group
The continued focus on infrastructure and capital spending in the Union Budget is a positive step for commercial real estate. Initiatives such as the Infrastructure Risk Guarantee Fund will increase confidence in funding and scale up large office projects. - Sanchit Bhutani, MD Group 108
Union Budget 2026 is a strong step towards the development of Tier-2 and Tier-3 cities, as these cities will become the next wave of urban and commercial growth in the future. Introduction of Infrastructure Risk Guarantee Fund is a good step. - Yash Miglani, MD Migson Group
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The Budget lays a strong foundation for a consumption-led growth cycle in the retail economy. This budget is beneficial by reducing tax barriers, supporting the MSME sector and making decisive investments in logistics and connectivity. - Ashish Bhutani, CEO, Bhutani Infra
The budget shows positive signs of economic stability, infrastructure and support to small traders. The government has laid emphasis on ease of doing business and urban development. We hope that the implementation of the provisions of the budget will be simple and providing relief to the traders. Sushil Kumar Jain, President, Sector-18 Market Association
The budget reflects the vision of Developed India 2047. It focuses on productivity, competitiveness and sustained economic growth amid global uncertainties. Whose objective is to further strengthen India's economy. - Praveen Jain, Chairman NAREDCO
Small towns will play a role as corporate friends by making economic announcements in the budget. Interest received from Motor Accident Claims Tribunal has been exempted from tax. The last date for income tax returns for salaried, non-audit businesses and trusts will be August 31. - CA Chaman Bhadana, President Noida Bar Association
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