Post-Budget Expectation Quote by Jayesh Rajpurohit, Co-Founder and CEO of Brick & Bolt

New Delhi, February 03, 2025: The Union Budget 2025-26 offers a strong push to this ongoing momentum, with a balanced focus on developing infrastructure, encouraging tech adoption and urban planning and development across rural and tier 2 towns. 

The Indian Real Estate sector has been booming in the past two years, after a slump during the COVID pandemic. According to a report by Mordor Intelligence, the Indian real estate sector is estimated to reach a value of USD 332.85 billion in 2025, driven by growth across residential, commercial, and premium real estate. According to the recently concluded Economic Survey, this growth in Indian Real Estate is fueled by economic stability, positive market sentiment, and the expansion of physical infrastructure such as metro networks, roads, and improved connectivity in Tier 1 and Tier 2 cities nationwide. 

In line with this, the SWAMIH Fund 2, with a ₹15,000 crore allocation for faster completion of 1 lakh stressed housing units, is a significant step for homebuyers, as it not only renews customer trust but also helps catalyse economic activity in the real estate sector.

The government’s commitment to urban sector reforms through Initiatives like ‘Cities as Growth Hubs’ and the ₹1 lakh crore Urban Challenge Fund is also a huge step in building future-ready cities. The focus on creative redevelopment projects further paves the way for smart urban planning and tech-driven infrastructure development. 

Modernising the land records and leveraging tech-enabled solutions in Urban Planning under the National Geospatial Mission, is a welcome initiative and will accelerate the industry’s shift towards data-driven decision-making. Further, access to geospatial data will help streamline approvals, optimize infrastructure design, bring transparency to the process, and ensure sustainable development. 

Additionally, the announcement for ₹1.5 lakh crore allocation for states to boost capital expenditure is a significant step in boosting the state-driven infrastructure projects, thereby driving the growth of housing and commercial real estate and improving connectivity. 

The expansion of the UDAN scheme to 120 new destinations will be a big boost to regional real estate markets and can help drive the demand for housing and commercial spaces in emerging hubs.

The Finance Minister’s focus on developing the Public Private Partnership models for infrastructure and real estate development will also help open new opportunities for private-sector collaboration in shaping India’s next phase of urban growth. 

Further, the new income tax reforms will positively impact plot owners, particularly middle-income families, by increasing their disposable income. With a higher exemption limit and lower tax rates, more individuals will have additional financial flexibility to invest in home construction. This can accelerate demand for affordable and mid-segment housing, aligning with Brick & Bolt‘s vision of making high-quality construction accessible and making construction predictable.

By leveraging technology, sustainable practices, and a strong policy framework, the union budget 2025-26, strengthens the real estate sector while laying the foundation for sustainable and smartly planned cities and commercial hubs, evolving into engines of economic growth and prosperity.

Corporate Comm India (CCI Newswire)