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

Manas Mehrotra, Founder, 315Work Avenue

“The Union Budget 2025 has laid strong focus to drive India's infrastructure growth, with significant investments which will push both residential and commercial real estate demand. The focus on making cities growth hubs will impart a massive fillip to the commercial real estate sector. With corporates & MNCs keen on setting up and expanding office establishments in the high-growth metros, coworking sector will benefit hugely from this initiative, thereby expanding presence across the country. The push for Global Capacity Centres in tier 2 cities will boost overall real estate investment in these areas, making them prime locations for future company expansions, thereby giving a massive boost to coworking firms. The government's announcement of a Rs. 10,000 crore Fund of Funds for Startups (FFS) is poised to significantly bolster India's startup ecosystem and generating huge demand for coworking sector, as essential hubs for innovation. The announcement of a committee to review and recommend new reforms to enhance the ease of doing business will significantly streamline regulations, improve efficiency, and attract investments. Overall, huge allocation for upgrading urban infrastructure will translate into enhanced connectivity and better facilities for co-working hubs. Going forward, we hope that the government looks at addressing regulatory concerns and encouraging more coworking firms to open-up through a series of both financial and non-financial incentives and ensure faster economic growth”.

Routhu Nagaraju, Chief Executive Officer, Experion Developers

“The Union Budget 2025 has introduced several transformative measures that will significantly impact the real estate sector and urban development. The Rs. 1 lakh crore Urban Challenge Fund is a visionary step toward modernizing cities, fostering creative redevelopment, and positioning urban centers as growth hubs. This initiative, combined with the National Geospatial Mission to modernize land records and infrastructure planning, will streamline urban development and unlock new opportunities for real estate projects.

The announcement of SWAMIH Fund 2.0 with a Rs. 15,000 crore allocation to complete 1 lakh stalled housing units is a much-needed boost for homebuyers and developers alike. This will not only revive stalled projects but also restore confidence in the housing market, ensuring timely delivery of homes for middle-class families. Also, the increase in disposable income due to revised tax structures will enhance home affordability and borrowing capacity, driving demand in the residential real estate sector. Also, one can now have 2 self-occupied homes without any tax liability. At Experion, we are excited about these remarkable announcements and remain committed towards contributing to India’s urban transformation by delivering innovative, high-quality real estate solutions."

Avinash Rao, Founder, Alt DRX

"This budget is a transformative blueprint for India’s real estate and infrastructure sectors. The tax relief on a second self-occupied house and the TDS threshold hike on rent will stimulate demand for residential and rental properties, empowering homeowners and tenants alike. Combined with the Rs. 15,000 crore allocations to complete 40,000 stalled housing units under SWAMIH 2.0, this budget addresses both affordability and trust deficits in the market.  The Rs. 1 lakh crore Urban Challenge Fund and PPP-driven infrastructure pipeline will catalyze smart city development, creating opportunities for integrated townships and commercial hubs. Initiatives like airport expansion under UDAN 4.0 and the focus on temple tourism (including Buddhist circuits) will drive real estate demand in emerging destinations, from Patna to spiritual corridors.  With disposable incomes rising due to tax reforms and long-term interest-free loans for PPP projects, this budget retains our ‘Buy’ outlook for 2025. At Alt DRX, we are poised to leverage these reforms to deliver innovative, community-centric real estate solutions that redefine urban living."