Budget 2025 for Real State Sector
What's in store for the Real State Sector from the upcoming full Budget on February 1. Set to be a 'Pocket Booster' budget with focus on giving consumption a leg-up along with pushing capex Read More.., it is set to benefit a host of sectors. Keep a track on all the expectations, final announcements and in depth analysis of the Budget decision only on Financial Express. We offer you a detailed list of expectation and announcements for Real State Sector on its dedicated page Who Gets What. Navigate through all the declarations at a glance from the current and past Union Budgets on this page.
Budget 2025-26 Announcements for Real State Sector
Real State Sector
- The government will establish an Urban Challenge Fund of Rs 1 lakh crore.
- Tax-deducted at source (TDS) for income tax for rental income has been increased to Rs 6 lakh per year from the present Rs 2.40 lakh.
- Government announces SWAMIH fund 2.0 of Rs 15,000 crore for completion of 1 lakh units in Union Budget 2025.
Who Got What
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sectors
Budget Announcements for Real State Sector in FY2025
Real State Sector
- Allocations for infra development to help real estate sector
- focus on rural and urban reforms, digitisation of land records.
- establishment of land registries to streamline the process
Budget Announcements for Real State Sector in FY2024
Real State Sector
- States and cities encouraged to undertake urban planning reforms and actions to transform cities into ‘sustainable cities of tomorrow’.
- Through property tax governance reforms, cities will be incentivized to improve their creditworthiness for municipal bonds.
Budget Announcements for Real State Sector in FY2023
Real State Sector
- Proclaimed completion of 80 lakh homes under the Pradhan Mantri Awas Yojana (PMAY).
- An allocation of Rs 48,000 crore has been earmarked for PMAY, covering both urban and rural areas in the fiscal year 2023.
Budget Announcements for Real State Sector in FY2022
Real State Sector
- The DFI announced its goal to establish a lending portfolio of at least five lakh crore rupees for financing infrastructure projects
- A National Monetisation Pipeline revealed, showcasing potential infrastructure assets, among them the dedicated freight corridor assets of the railways.
- It has been publicized that foreign portfolio investors will be enabled to provide debt financing for real estate and infrastructure investment trusts, aiming to facilitate easier access to finance in the infrastructure and real estate sectors.
Budget Announcements for Real State Sector in FY2021
Real State Sector
- 6,500 projects under National Infrastructure Pipeline to cover housing, safe drinking water, healthcare, etc.
- Introduction of National Logistics Policy to define roles of central & state governments and key regulators, establishing a single window e-logistics market.
- Collaboration with states for the development of five new smart cities through public-private partnership mode.
Budget Announcements for Real State Sector in FY2020
Real State Sector
- TDS threshold for tax on rent increased to Rs. 2,40,000 from Rs. 1,80,000.
- Announced expansion of capital gains rollover benefit to investment in two residential houses (up to Rs. 2 crore).
- Proclaimed extension of tax benefits for affordable housing under Section 80-IBA of Income Tax Act until 31st March, 2020.
- Extension of tax exemption period on notional rent for unsold inventories from one year to two years.
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