The real estate sector views the Union Budget 2025-26 as a step toward addressing critical challenges in housing and infrastructure. Industry experts point to the expansion of the SWAMIH Fund through SWAMIH 2.0 as a necessary intervention to complete stalled projects and facilitate homeownership for the middle class.
Read the Union budget reactions from the Housing and Infrastructure sector in detail:
Ajjay Parge, Founder, Qubit India

The government’s ‘Ease of Doing Business’ push in Budget 2025 is a much-needed fillip to develop a trust-based and investor-friendly ecosystem in the Real Estate Sector. The momentum shall build on the Jan Vishwas Act passed in 2023, which is rooted in decriminalizing burdensome regulations.
The government has proposed a High-Level Committee for Regulatory Reforms which will review non-financial sector regulations, licenses, and permissions critical to streamlining approvals, reducing compliance burdens, and ensuring faster project execution. By extending these reforms to the real estate sector, the sector will become more transparent, buyer-friendly, and attractive to developers.
The SWAMIH Fund 2, with ₹15,000 crore, is further expected to accelerate the completion of 100,000 homes by addressing liquidity constraints and boosting developer confidence. This regulatory streamlining coupled with the fiscal push towards housing units will consolidate the real estate sector’s position to continue leading the services industry.
Bhavesh Kothari, Founder and CEO, Property First

The Union Budget 2025 strikes a balanced approach towards supporting the real estate sector, especially for the middle class. The SWAMIH Fund’s expansion through the launch of SWAMIH 2.0 is a crucial step toward stalled housing projects, delivery of 100,000 homes, and much-needed liquidity in the affordable and mid-income housing segment. Simultaneously, the support of ₹15,000 crore to states, along with a well-defined three-year project roadmap, will further strengthen infrastructure development.
Though a reduction of ₹1 lakh crore in capital outlay for infrastructure may be worrisome, the government’s focus on public-private partnerships and an ambitious asset monetization target of ₹10 lakh crore over the next five years should sustain infrastructure growth. If effectively implemented, these measures will improve housing availability, enhance investor confidence, and support long-term urban expansion, making real estate a key driver of economic progress.
Angad Bedi, Chairman and Managing Director, BCD Group

The Union Budget 2025-26 enunciates a futuristic vision for Viksit Bharat with a strong focus on infrastructure and housing to boost the country’s economic growth. The launch of SWAMIH 2.0 with a ₹15,000 crore blended finance facility is a significant step forward for affordable and mid-income housing. With 50,000 homes already delivered and another 40,000 on track, this initiative will provide much-needed liquidity and accelerate project completions.
The budget’s focus on infrastructure through a ₹1.5 lakh crore support to states and a robust PPP framework will drive urban transformation, particularly in Tier 2 and Tier 3 cities. Also, the Urban Challenge Fund of ₹1 lakh crore will further strengthen urban development.
The new regime also brings in new tax slabs, which would increase disposable incomes and make it easier for the middle class to buy homes. While these steps are laudable, it is disappointing that the long-pending industry status for the real estate sector has not been granted yet. This would have opened up new financing opportunities and increased sectoral growth.
Samudragupta Talukdar, Founder and CEO, Relata

Budget 2025 shows remarkable foresight in addressing both immediate housing concerns and future market dynamics. The expansion of SWAMIH with a ₹15,000 crore fund speaks directly to thousands of middle-class families who’ve been caught in the challenging cycle of paying EMIs while living on rent. But what’s truly encouraging is how this budget looks at the bigger picture – from boosting home loan affordability through tax exemptions to embracing digital transformation in real estate.
I see this as more than just policy – it’s about transforming lives. With increased infrastructure spending of ₹11.21 trillion and strong support for proptech innovation, we’re not just building homes; we’re building a more accessible, transparent, and efficient real estate ecosystem. The government’s commitment to both affordable housing and digital advancement aligns perfectly with our vision at Relata of making property discovery and purchases seamless for every Indian family.
Rohin Agarwal, Vice President, Avener Capital

To sharpen its focus on making India the global knowledge hub by 2047, the Union Govt has announced a dedicated budgetary support focussed on AI excellence of INR 500 cr this year. This follows last year’s UGC regulation permitting international universities to establish in India. As a result, student housing is expected to witness an unprecedented demand to ensure quality accommodation matches with education standards. This is emerging as a new asset class with stable long-term returns combined with a low risk profile which is evident from the fact that institutional capital is now actively looking to deploy in this sector.