Budget expectations 2026: Realty body seeks industry status; wants home loan interest deduction doubled

NAREDCO urges the Centre to grant industry status to real estate and significantly increase home loan interest tax deductions to Rs 5 lakh. The apex body also proposes redefining affordable housing to include homes up to Rs 75-80 lakh and calls for tax incentives to boost rental housing, aiming to revive the sector and sustain growth.

Budget expectations 2026: Realty body seeks industry status; wants home loan interest deduction doubled
NAREDCO urges the Centre to grant industry status to real estate and significantly increase home loan interest tax deductions to Rs 5 lakh. The apex body also proposes redefining affordable housing to include homes up to Rs 75-80 lakh and calls for tax incentives to boost rental housing, aiming to revive the sector and sustain growth.