Pune, India – As the Union Budget 2026 approaches, the Indian real estate sector is at a pivotal juncture. Industry leaders, including Goel Ganga Developments, are closely monitoring potential policy shifts aimed at revamping housing finance and making homeownership more accessible for millions of Indians.
Recent insights from financial experts and industry reports, highlight that the upcoming budget presents a golden opportunity for the government to address structural challenges in the housing market. With the urban population growing and the demand for quality housing on the rise, the focus is squarely on improving affordability and streamlining credit flow to homebuyers.
Key Expectations from Union Budget 2026:
- Redefining Affordability: There is a strong call to revise the price caps for “Affordable Housing.” Currently capped at ₹45 lakh, the industry advocates for an increase to ₹75 lakh or more, especially in Tier-1 and Tier-2 cities like Pune, where land and construction costs have risen significantly.
- Tax Incentives for Homebuyers: Reintroducing or expanding tax exemptions under Section 24(b) and Section 80EEA is crucial. Increasing the interest deduction limit on home loans from ₹2 lakh to ₹5 lakh would provide substantial relief to the middle class and first-time buyers.
- Boosting Housing Finance: Encouraging Housing Finance Companies (HFCs) through better liquidity support and specialized credit schemes will ensure that the benefits of low-interest rates reach the end-consumer effectively.
- Incentivizing Rental Housing: Following previous steps to allow two self-occupied houses, further tax relaxations on rental income and the implementation of the Model Tenancy Act could unlock a massive supply of rental inventory.
Goel Ganga Developments: Aligned with the National Vision
At Goel Ganga Developments, we believe a home is more than a structure—it is the foundation of a family’s future.
As a leading developer in Pune, we are committed to building high-quality, sustainable homes aligned with the government’s vision of Housing for All.
“The Union Budget 2026 has the potential to be a game-changer for the real estate landscape. “By addressing the long-standing demands for tax rationalization and a broader definition of affordable housing, the government can stimulate demand, support developers, and most importantly, help citizens fulfill their dream of owning a home. We look forward to policies that foster an environment of growth and stability.”
As the sector prepares for these reforms, Goel Ganga Developments continues to innovate.
Our projects consistently deliver a perfect balance of luxury, comfort, and value—irrespective of changing economic conditions.
About Goel Ganga Developments Goel Ganga Developments is one of Pune’s most trusted real estate developers, with a legacy spanning over four decades. Known for excellence in construction, timely delivery, and customer-centricity, the group has successfully delivered numerous residential and commercial landmarks, shaping the skyline of Pune.
