SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Experts Speak

The Union Budget 2026 certainly charts a forward-looking roadmap for India's and especially Hyderabad's real estate industry. While high speed rail connectivity across key growth corridors (announced in the budget) will clearly strengthen Hyderabad's realty, the extended tax holiday till 2047 for foreign companies establishing cloud service data centres in India will likely have significant and positive impact on the city's realty developers, home buyers, and residents as well.
Major companies with data centers in Hyderabad already include global technology giants, Amazon Web Services (AWS), Microsoft Azure, and Google Cloud, alongside major colocation providers, such as CtrlS, and NTT. Considering that the tax holiday would mean over 20 years of tax-free operations for global cloud businesses, this will attract many more global companies to Hyderabad. This surge will likely drive ancillary demand for high-quality housing and integrated urban ecosystems.
At GHR Infra, we see this as additional cushion that will aid Hyderabad's next growth chapter. Also, our focus remains on crafting sustainable, wellness-driven communities that align with the government's vision, creating spaces that foster livability, inclusivity, and resilience, while positioning Hyderabad as India's model city for future-ready living.

Mr. Karteesh Reddy, CEO of GHR Infra

03 Feb 2026

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As a developer rooted in Hyderabad's growth journey, ASBL sees the Union Budget 2026 as a clear signal that the city is being positioned as a strategic anchor in India's next phase of connectivity-led development. The proposed high-speed rail network linking Hyderabad with Bengaluru, Chennai, and Pune is not merely about faster travel, it establishes Hyderabad as the central convergence point of India's most powerful economic ecosystems. Bengaluru may lead in IT, Chennai in manufacturing, and Pune in industrial-technology integration, but Hyderabad already integrates all three at scale and more. As India's largest pharmaceutical hub, a rapidly expanding GCC powerhouse, and a growing centre for aerospace and advanced manufacturing, the city is uniquely placed to extract maximum economic value from this tri-city connectivity. This infrastructure will not distribute growth evenly, it will compound it where capability already exists, and Hyderabad stands to gain the most.
With over 355-360 Global Capability Centres employing more than 3,00,000 professionals, the addition of 35 Fortune 500 GCCs in 2025 alone, and sustained investment momentum across life sciences and technology, enhanced rail connectivity will further accelerate capital inflows, high-quality job creation, and GDP expansion for the city. At a national level, the Budget's emphasis on improved credit access, asset monetisation, and REIT-driven capital participation reinforces long-term confidence in real estate and infrastructure. As India's real estate sector advances towards a $1 trillion valuation by 2030, cities like Hyderabad where economic depth, infrastructure readiness, and livability already converge, will lead the next cycle of urban and investment growth.

Mr. Ajitesh Korupolu, Founder and CEO of ASBL

03 Feb 2026

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The government's long-term push for urban development and housing affordability, is clear in the Union Budget 2026-27. The continued emphasis on infrastructure reinforces the government's commitment to connectivity, unlocking new growth corridors and strengthening demand across Tier-1 and Tier-2 markets with a capex increase of a record Rs 12.2 lakh crore for this fiscal. The asset monetisation proposal to utilise Central Public Sector Enterprise real estate assets must be welcomed as the strategic use of public land will help create opportunities for mixed-use development and optimum land utilisation. The proposal to set up an Infrastructure Risk Guarantee Fund is also an important practical step that the Budget offers to address long-term project financing. Funds have been a key challenge for the sector and will improve access to credit for large projects and bring in greater certainty to execution. In the long term, I feel this will support smoother delivery and more predictable outcomes, which ultimately benefits homebuyers as well as developers

Mr. Samyag M. Shah, Director of Marathon Nextgen Realty Ltd, CREDAI MCHI Youth wing Convenor

02 Feb 2026

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There is nothing materially new in Budget 2026 for real estate or homebuyers, as existing tax structures and policy frameworks remain unchanged. However, the sector is entering this phase from a position of strength. If capital markets stay buoyant and consumer sentiment improves, housing demand could continue on its current trajectory making this a budget that relies on market confidence rather than fiscal stimulus to drive real estate growth.

Aditya N. Shah, Joint Managing Director, Mayfair Housing

01 Feb 2026

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Budget 2026-27 has signalled optimism for the real estate sector through two strategic interventions the proposed Infrastructure Risk Guarantee Fund will improve access to capital and speed up the completion of large infrastructure projects, consequently positively impacting the growth of the real estate by improving connectivity. Further, the move to recycle of significant real estate assets that are presently held by Central Public Sector Enterprises (CPSEs) through the creation of REITs will improve productive use of existing land resources, which is a boon for land-starved cities such as Mumbai. The real estate sector could also benefit from the proposed scheme to enhance construction and infrastructure equipment, which will strengthen domestic manufacturing of high-value and technologically advanced equipment the resultant financial and efficiency gains can be passed on to customers, resulting in higher value and better quality projects. The budget makes mention of an infrastructure push, which is a key driver for the real estate sector. At the same time, we urge policy-makers to take into consideration the affordable housing sector and the domino effect it can have on employment, consumption, and social stability. Favourable policy measures can encourage developers to turn their attention to this segment, and help ensure inclusive and sustainable urban growth

Prashant Khandelwal, Joint Secretary of CREDAI MCHI and CEO of Agami Realty

01 Feb 2026

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Looking at the Budget through the lens of redevelopment and urban housing, the real test isn't in one-off announcements, it's in how policy, infrastructure spend and clarity of execution create confidence over time. Real estate players have been asking for measures around housing affordability, rental assets and streamlined approvals, and the government's emphasis on macro stability and capital outlay gives a structural backdrop for that dialogue. But for cities like Mumbai, where redevelopment projects are multi-year undertakings, long-term policy stability, sustained connectivity investment, and administrative clarity are the signals that truly move the needle.

Sanjay Daga CEO and Managing Anex Advisory

01 Feb 2026

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The Union Budget 2026-27 strongly reinforces the government's long-term commitment to inclusive and sustainable growth, with infrastructure-led development emerging as a central pillar. The significant increase in capital expenditure to INR 12.2 lakh crore, coupled with continued focus on Tier II and Tier III cities, will act as a powerful demand catalyst for real estate beyond metros. These emerging growth centres are witnessing rising urbanization, aspirational housing demand, and increasing commercial activity, making them the next engines of India's real estate expansion. For Maharashtra in particular, improved connectivity, urban infrastructure funding and the emphasis on growth corridors will significantly enhance housing demand and accelerate redevelopment in urban centres.
Equally encouraging is the Government's balanced approach towards fiscal consolidation while maintaining momentum in infrastructure investment. Measures such as the expansion of REITs, asset monetization by CPSEs and reforms aimed at improving ease of doing business will strengthen investor confidence and attract long-term capital into the real estate sector. Simplification of tax processes, especially for NRIs, and a more investor-friendly framework for foreign capital will further boost confidence. We believe this Budget lays a strong foundation for inclusive urban growth and urges state governments to align policies to ensure faster project execution and improved housing supply.

Mr. Prashant Sharma, President, NAREDCO Maharashtra

01 Feb 2026

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The Union Budget 2026-27 sends a clear and positive signal to homebuyers and investors alike by reinforcing economic stability, fiscal discipline and long term infrastructure development. The Government's continued focus on capital expenditure, city centric growth planning and enhanced connectivity through high speed rail corridors will significantly improve the livability and investment attractiveness of emerging urban markets. This will translate into improved end user confidence and a more robust residential and commercial real estate market. The government's intent to strengthen the corporate bond market, encourage REITs, and streamline foreign investment norms will improve transparency and capital access for developers and investors alike. From a consumer standpoint, the emphasis on Tier II and III cities and the creation of City Economic Regions will unlock new housing opportunities and offer better value propositions beyond traditional metros. The simplified income tax framework and rationalised compliance mechanisms further enhance ease of doing business, making Indian real estate a more attractive and structured asset class for both domestic and global investors.
Importantly, the Budget also eases compliance for non resident Indians: by waiving the requirement for a separate TAN for TDS on immovable property sales and allowing resident buyers to use PAN based challans, procedural friction in NRI property transactions is meaningfully reduced. At the same time, broader diaspora friendly tax measures like rationalised TCS on overseas remittances, further reinforce investor confidence and make Indian real estate a more attractive asset class for global Indians.

Mr. Kaushal Agarwal, Chairman, The Guardians Real Estate Advisory

01 Feb 2026

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The government's intent to monetise and recycle under-utilised land and real estate assets of CPSEs and public entities through dedicated REITs is a landmark structural reform for the real estate sector. This move signals a clear shift from traditional ownership to efficient asset management, allowing high-quality public assets to be professionally managed, listed, and unlocked for investment. Dedicated CPSE REITs will significantly deepen India's REIT market by introducing a sizeable pool of institutional-grade assets, improving transparency, liquidity, and pricing efficiency across the real estate ecosystem." "Backed by recent regulatory reforms such as SEBI's reclassification of REITs as equity instruments, this initiative is expected to attract stronger participation from both domestic and global institutional investors. As capital is recycled through market-led vehicles, dependence on bank financing for real estate projects will reduce, governance standards will improve, and long-term project financing will become more sustainable. Over time, this mechanism can set valuation benchmarks, strengthen capital market integration with real estate, and support urban regeneration and commercial property demand across Tier I as well as emerging Tier II and III cities." "Additionally, investment incentives for digital infrastructure and data centres will open up new growth avenues for commercial real estate, particularly in urban and emerging city clusters. The Budget's emphasis on infrastructure-led growth and urban expansion-through high-speed rail corridors, the push towards City Economic Regions, and continued infrastructure investments- will enhance last-mile connectivity, improve liveability, and increase the viability of residential and mixed-use developments in fast-growing locations and well-connected urban pockets.

Mr. Shilpin Tater, Managing Director, Superb Realty

01 Feb 2026

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The Union Budget 2026-27 reinforces the Government's intent to build inclusive and future-ready cities through sustained infrastructure spending and strategic urban planning. The sharp rise in capital expenditure and focus on Tier II and Tier III cities will encourage planned development in emerging urban centres, which is critical for meeting future housing demand. Additionally, reforms in NBFCs, improved banking health, and enhanced access to bond markets will support timely project execution and funding stability. Simplification of tax procedures and clarity for foreign investors further strengthen the sector's outlook. This Budget lays the groundwork for long-term urban transformation, encouraging developers to align with sustainable and community-centric development models

Mr. Kamlesh Thakur, Co-Founder & Managing Director, Srishti Group

01 Feb 2026

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