How Union Budget 2025 Helps the Real Estate Sector?

The Union Budget 2025 brings some great news for homebuyers, renters, and builders. The government has introduced several measures to make housing more affordable, boost the real estate sector, and improve infrastructure. Here’s how it benefits you:

1. Buying a Home Gets Easier

If you’re planning to buy a house, you can now save more on taxes! The government has increased the tax deduction on home loan interest from ?2 lakh to ?5 lakh. This means you’ll have to pay less tax if you take a home loan.

For those looking to buy affordable homes, the price limit has been increased from ?45 lakh to ?70 lakh in big cities. This makes it easier to qualify for government benefits and schemes.

2. More Affordable Rental Housing

If you live on rent, there’s good news! The government has raised the tax-free limit on rental income, encouraging more people to rent out their properties. This could mean more houses available for rent at reasonable prices.

3. Better Infrastructure, Better Property Value

The budget focuses heavily on infrastructure—more metro networks, better roads, and smart city projects. This will improve connectivity, increase property values, and make cities more livable. Even smaller cities are getting better facilities, which will boost real estate growth.

4. Lower Construction Costs, Cheaper Homes

Building materials like cement and steel could become cheaper as the government plans to reduce taxes on them. This will lower construction costs, making homes more affordable.

Additionally, developers will have easier access to loans and funding, helping them complete projects on time. This is great for homebuyers, as it reduces the risk of project delays.

Overview?

Overall, the 2025 budget brings a lot of positives for the real estate sector. Whether you’re buying, renting, or investing in property, these changes make housing more affordable and improve infrastructure. It’s a step towards making homeownership a reality for more people!