Thumbs Up or Down? Here's How Top Realtors are Reacting Post Budget 2025

After the grand wave of the Union Budget 2025 made strides across the nation’s economy, the landscape of the real estate sector has charted a bold note for the future and readies for vital transformations. The budget uncovered the blend of incentives, tax reforms, and policies to transform the journey of home ownership and property development in India. From simplifying the generous tax policies to supporting affordable housing, the government’s stand on the real estate sector and homebuyers is set to create a long-lasting impact. Let’s venture into the strategic minds of leading players in the sector and capture their raw reactions to Union Budget 2025.

Pradeep Aggarwal, Chairman, Signature Global (India)

“The Union Budget 2025 is a game-changer, reinforcing India's commitment to inclusive and sustainable urban growth. The SWAMIH Fund 2 with Rs. 15,000 crore will accelerate the completion of stalled housing projects, bringing relief to over one lakh homebuyers. The Rs. 1 lakh crore Urban Challenge Fund will play a pivotal role in transforming cities into vibrant growth hubs, ensuring balanced regional development.

The masterstroke of direct tax reform—exempting income up to Rs. 12 lakh—will significantly boost disposable income, increasing affordability for homebuyers and driving real estate demand. Additionally, the government's thrust on PPP-driven infrastructure with a structured three-year project pipeline will accelerate urban expansion, unlocking new opportunities for real estate and housing. These progressive reforms align with India’s vision of 'Sabka Vikas', fostering a robust ecosystem for homebuyers, developers, and investors alike.”  

Samir Jasuja, Founder & CEO of PropEquity (India’s largest real-estate data and analytics company)

"The Budget’s focus on improving infrastructure through PPP projects and interest free loan to States for capital expenditure, setting up an Urban Challenge Fund of Rs. 1 lakh crore for rejuvenation of Indian cities will improve the real estate activity in metro and tier 2 cities by encouraging developers to invest and partake in the development.

The announcement of zero tax for income up to 12 lakh under the new tax regime will give a big boost to consumption including spurring demand for homes.

SWAMIH 2.0 with an allocation of Rs. 15,000 crore is a small yet welcome move considering that the government is targeting to complete 1 lakh units. The government must come up with simplified mechanism to allow bigger developers to take over these stalled units so as to expedite the completion of over 5 lakh units currently stalled."