Real Estate Mumbai

Union Budget 2025-26: Real Estate Firms Celebrate Tax Relief Measures

By GeoSquare News Desk · Published 2025-02-02

Shares of Indian real estate companies surged on Saturday following the government's announcement of measures to boost the spending power of the middle class in Asia’s third-largest economy.
These measures are likely to stimulate investments in the residential housing space.

India’s plan to cut income tax rates in the 2025-26 budget has been warmly received by investors and experts, as it aims to boost disposable income in a country that has been grappling with sluggish consumption in recent quarters.
The Nifty realty index climbed 3.3%, marking its best performance in nearly eight months.
Eight out of the ten members in the sub-index were trading higher, with prominent realtors such as Prestige Estates, DLF, and Sobha witnessing gains between 2% and 6%.