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 2026-27 underscores the government's commitment to strengthening urban infrastructure and financial systems, which directly supports real estate growth. Increased capital expenditure and sustained infrastructure momentum will enhance connectivity, reduce congestion, and improve quality of life in urban centres, thereby boosting residential demand. The focus on financial sector reforms, simplified tax compliance, and investor-friendly policies will improve liquidity and transparency across the sector. Measures such as REIT expansion, municipal bond incentives, and simplified processes for NRIs will attract long-term capital and reinforce confidence in India's real estate market as a stable, growth-oriented investment destination

Ms. Shraddha Kedia-Agarwal, Director, Transcon Developers

01 Feb 2026

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Budget 2026-27 signals a clear commitment to infrastructure-driven urbanisation and regional development. The government's continued focus on Tier II and Tier III cities will accelerate land development, planned townships, and long-term real estate appreciation in emerging markets. The proposed high-speed rail corridors will act as powerful growth catalysts, opening up new corridors for residential, industrial, and mixed-use development. Additionally, simplified compliance for NRI property transactions and incentives for digital infrastructure will attract both domestic and foreign investment into Indian real estate. Overall, the Budget lays a strong foundation for early movers in developing growth markets, reinforcing the long-term investment potential of India's expanding urban landscape

Mr. Gaurav Varma, Director, ORA Group

01 Feb 2026

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The Union Budget 2026-27 provides renewed momentum to the real estate sector through its strong infrastructure push and city-focused growth strategy. Improved urban connectivity, targeted investment in economic corridors and enhanced municipal financing will help create more organised and liveable urban spaces. Continued focus on public capital expenditure will stimulate demand for quality housing and commercial spaces in emerging markets. The push towards REITs, municipal bonds, and improved banking health will enhance funding avenues and reduce execution risks for developers. Additionally, tax simplification and investor-friendly reforms for NRIs and foreign investors will broaden the buyer base, reinforcing confidence in India's real estate sector. The Budget's emphasis on economic resilience and urban infrastructure will translate into steady housing demand and improved buyer confidence.

Mr. Dhruman Shah, Promoter, Ariha Group

01 Feb 2026

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This budget signals structural maturity in India's growth strategy. The scale-up of public capital expenditure, expansion of infrastructure financing through REITs and InvITs, and the focus on Tier II and Tier III growth centres indicate a shift from metro-centric development to a more balanced national urban ecosystem. The proposed Infrastructure Risk Guarantee Fund is a timely intervention that will de-risk infrastructure execution for private developers and lenders, encouraging greater private participation. High-speed rail corridors will redefine inter-city business mobility and reshape commercial real estate dynamics across multiple economic clusters. Collectively, these measures strengthen India's competitiveness as a global investment destination while creating a more integrated, efficient and sustainable urban and commercial infrastructure framework.

Mr. Nihar Jayesh Thakkar, Founder, The Mandate House Pvt. Ltd.

01 Feb 2026

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The budget has taken a measured approach to balance India's long-term growth ambition and inclusivity across regions & economic segments as well. The overarching growth theme is evident in the form of focus on manufacturing scale up in strategic sectors, rejuvenation of legacy industrial sectors, creation of champion MSMEs, infrastructure push, long-term energy security & stability and development of city economic regions. Indian real estate particularly stands to benefit from the targeted emphasis on manufacturing capability enhancement and infrastructure augmentation in the form of Dedicated Freight Corridors, high speed rail corridors, nationalization of inland waterways, development of urban clusters, etc.
Driven by the budgetary focus, we expect traction in real estate requirement from textile, healthcare, semi-conductor & rare earth segments and firms within the Animation, Visual Effects, Gaming, and Comics (AVGC) and Artificial Intelligence (AI) domain. Interestingly, the proposed tax holiday for foreign cloud service providers will significantly accelerate data centre growth by attracting global hyperscalers and deepen long term investment in the segment, positioning India as a preferred hub for digital infrastructure and cloud based service economy. Furthermore, there is a clear focus on identifying and leveraging the growth drivers of Tier II & III cities including temple towns. Meanwhile, the pertinent focus on tourism, training, skill development, creation of infrastructure will have a positive domino effect on the real estate sector in the areas of hotels, guest houses, second homes and primary housing as well. Overall, the budget has emphasized strengthening competitiveness and augmenting manufacturing capabilities by integrating into the global value chain. In fact, India looks poised to move beyond capacity creation into capability building, which is likely to form the blueprint of sustained long-term growth, especially in these times of global uncertainties.

By Badal Yagnik, CEO & Managing Director at Colliers India

01 Feb 2026

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Union Budget 2026-27 strengthens the foundations of India's formal credit and financial system through targeted, data-backed measures. The proposed10,000 crore SME Growth Fund is a key intervention. It addresses the long-standing equity and growth capital gap faced by scaling MSMEs, which employ over 11 crore people and contribute nearly 30 percent of India's GDP. Better access to patient capital can help viable enterprises move from survival mode to sustainable expansion.
The continued focus on strengthening the TReDS and invoice discounting framework directly tackles MSME liquidity stress. Faster receivables financing improves cash flows, reduces dependence on informal borrowing, and lowers working capital costs. This is critical for small businesses operating on thin margins. Within banking and NBFCs, the proposal to constitute a high-level committee on banking for Viksit Bharat signals a comprehensive review of the sector. The focus on financial stability, inclusion, consumer protection, and technology adoption is timely. The government's clearer articulation of the role of NBFCs, including defined credit targets and technology-led efficiency, reinforces their importance in last-mile credit delivery. For households, the reduction in TCS under the Liberalised Remittance Scheme to 2 percent from 5 percent for foreign travel, education, and medical expenses will ease upfront cash-flow pressure. It improves affordability for overseas education and healthcare while reducing short-term liquidity strain. Overall, Budget 2026-27 takes a measured approach. By combining capital support, digital and AI-led infrastructure, and regulatory reform, it aims to deepen formal credit penetration, improve liquidity, and strengthen trust across India's financial system

Adhil Shetty, CEO, BankBazaar

01 Feb 2026

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Union Budget 2026 reinforces real estate as a core investment pillar. The simplification of NRI property sale transactions is a structural reform that improves liquidity and accelerates cross-border capital inflows. A dedicated 5,000-crore push for Tier-2 and Tier-3 cities, supported by the newly introduced Risk Guarantee Fund, materially reduces execution risk and enhances investor confidence. With infrastructure capital expenditure rising to 12.2 lakh crore, city-economic regions are set to expand beyond metros, driving housing demand through improved connectivity, employment, and urban infrastructure. For real estate investors, this Budget shifts the narrative from speculative growth to policy-backed, data-driven returns. Emerging cities now offer a compelling mix of affordability, infrastructure momentum, and long-term appreciation making this the right cycle to invest with conviction.

Ashish Narain Agarwal, Founder & MD of PropertyPistol

01 Feb 2026

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Union Budget 2026-27 articulates a more integrated real estate vision, where metro markets continue to anchor institutional stability while temple towns and pilgrimage corridors evolve as structured growth extensions. By scaling public capital expenditure to 12.2 lakh crore, the government is reinforcing infrastructure intensity across established cities and culturally significant destinations alike. Improved connectivity around temple towns will enable a transition from fragmented, seasonal development to planned hospitality districts, mixed-use assets, and organised residential catchments, while metros benefit from deeper liquidity through CPSE asset monetisation via dedicated REITs. The introduction of the Infrastructure Risk Guarantee Fund reflects a mature policy approach that recognises execution risk as a core constraint to quality development. Together, these measures position real estate as a long-term enabler of economic continuity, urban depth, and sustainable value creation across markets.

Vishal Raheja, Founder & MD, InvestoXpert Advisors

01 Feb 2026

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The Union Budget 2026-27 is a strong vote of confidence in India's urban growth story and reinforces the Government's long-term commitment to planned urban transformation. The sustained focus on infrastructure investment, City Economic Regions, high-speed rail connectivity and enhanced public capex will directly translate into higher demand for housing, commercial spaces and integrated townships, particularly across Tier II and Tier III cities. The proposed high-speed rail corridors, including the Mumbai-Pune route, will significantly improve regional accessibility and provide a major fillip to real estate development along growth corridors. Measures such as monetisation of CPSE real estate assets through REITs and the Infrastructure Risk Guarantee Fund will further improve capital flows and execution confidence for developers. While there are no direct fiscal incentives for homebuyers, the Budget lays a solid foundation for stable, structured and regionally balanced growth of the real estate sector

Mr. Manish Jain, President, CREDAI Pune

01 Feb 2026

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Budget 2026 reflects a sense of stability and confidence in India's real estate market. The absence of disruptive policy changes provides continuity and clarity for both buyers and developers. While there were no direct affordability incentives, the sustained focus on infrastructure spending is a strong positive, as connectivity and urban development continue to shape housing demand. Going ahead, buyer confidence, interest-rate trends, and overall economic stability will play a larger role in driving the market. Developers who focus on timely delivery, quality, and trust will be well-positioned to benefit, particularly in infrastructure-led locations such as Navi Mumbai and Panvel.

Bhavesh Shah, Joint Managing Director, Today Group

01 Feb 2026

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