What Industry Wants!
Real Estate

What Industry Wants!

Real Estate Pain Points Limited access to finance and liquidity Volatility in raw material prices Low tax deduction limits on housing loan interest Complex approval processes Inadequate PMAY house value cap ...

Real Estate Pain Points Limited access to finance and liquidity Volatility in raw material prices Low tax deduction limits on housing loan interest Complex approval processes Inadequate PMAY house value cap Insufficient support for affordable housing development Lack of incentives for green-certified buildings High financial burden on homebuyers due to interest rates Limited affordability for economically weaker sections and middle-income groups Lack of infrastructure and green building initiatives Wishlist Rationalize GST on under-construction properties Grant infrastructure status to real estate Introduce single-window clearance for projects Implement liquidity-injecting monetary policies Raise PMAY house value cap to Rs 50 lakh Extend capital gains exemption timeline to 5 years Promote green-certified buildings and eco-friendly construction Reintroduce Credit-Linked Subsidy Scheme under PMAY Restore 100 per cent tax holiday for developers under Section 80-IBA Industry Voices Implementing single-window clearance will enhance efficiency and attract investments. Additionally, a reduction in repo rate and stamp duty could further drive housing demand. - Venkatesh Gopalakrishnan, Director Group Promoter’s Office, MD - Shapoorji Pallonji Real Estate Reviving the 80-IB tax benefit for developers undertaking affordable housing projects will incentivize developers to launch more affordable housing projects, aligning with the government's vision of 'Housing for All.' - Navin Makhija – Managing Director, The Wadhwa Group Relaxing FDI norms could open new avenues for investment. - Siddharth Vasudevan Moorthy, Managing Director, Vascon Engineers Ltd Rationalisation of GST on under-construction properties and enhanced tax benefits for homebuyers can significantly boost demand. - Vidip Jatia, Executive Director, Supreme Holdings & Hospitality India Ltd Prioritise sustainable housing with increased allocations for PMAY and infrastructure, especially in Tier II and III cities. - Pranay Kumar, Executive Director, Rudrabhishek Enterprises Limited (REPL) The real estate sector expects targeted interventions to revive growth, including infrastructure development and sustainable practices like green buildings. Reintroducing the Credit-Linked Subsidy Scheme under PMAY and restoring the 100 per cent tax holiday for developers under Section 80-IBA will address challenges in affordable housing. - Deep Vadodaria, CEO, Nila Spaces Limited Infrastructure, Construction Materials, Logistics, and More Pain Points: High logistics costs (14 per cent of GDP vs global 8–10 per cent) Inefficiencies in freight movement and regulatory bottlenecks Limited access to finance, liquidity, and export incentives Volatility in raw material prices impacting manufacturing Inadequate SME-friendly policies and investment in green technologies Gaps in digital and transport infrastructure Slow adoption of AI, IoT, and other advanced technologies Fragmented state approvals and delays in projects Limited affordability for housing among weaker sections High financial burden on homebuyers due to interest rates Lack of incentives for sustainable practices and green-certified buildings Insufficient port infrastructure and connectivity for EXIM trade Industry Wishlist: Streamlined regulatory approvals and single-window clearances Fiscal incentives for startups and adoption of green technologies Tax rebates for AI-powered, digital, and sustainable solutions Increased funding for digital infrastructure, 5G, and logistics Capex support for renewable energy, solar, and EV manufacturing Infrastructure status for real estate and affordable housing Revival of tax holidays for affordable housing developers Enhanced PMAY allocations and urban infrastructure focus Incentives for EV trucks and multimodal logistics connectivity Strengthening domestic manufacturing under 'Make in India' Investment in rail corridors, ports, and export hubs Rationalisation of GST and easing of import duties Industry Voices Partnerships that drive sustainable infrastructure projects must be explored, along with incentives for the use of eco-friendly construction materials such as steel slag and recycled plastic waste for road development. -Y. R. Nagaraja, Managing Director of Ramky Infrastructure Ltd We anticipate a clear roadmap for India’s transportation future, positioning the nation as a global leader in seamless mobility. - Umesh Chowdhary, VC & MD, Titagarh Rail Systems Ltd. Prioritise the National Infrastructure Pipeline with a focus on PM Gati-Shakti and Jal Jeevan Mission..- Ashish Modani, Senior Vice President & Group Head - Corporate Ratings, ICRA Limited Measures to reduce raw material costs and ease import duties are essential for enhancing the competitiveness of domestic manufacturers. - Mahesh Viswanathan, Deputy CEO and CFO, Finolex Cables We hope for stronger support for eco-friendly practices, incentives for sustainability, and policies that encourage investment in green technologies. - Jay Deepak Shah, CEO & MD, Jay Wood Industry Industry Voices Continued investment to enhance transport connectivity, rail corridors, incentives for adoption of EV trucks and fiscal benefits for developing EV infrastructure will foster sustainable multimodal connectivity. - Suresh Kumar R, Managing Director, Allcargo Terminals We urge the government to introduce fiscal incentives for logistics startups innovating in route optimisation, multimodal connectivity, and empty container reduction and tax rebates for businesses adopting AI-powered supply chain solutions and green technologies, will accelerate sustainability in Logistics. - Dhruv Taneja, Founder and CEO, MatchLog Solutions Increased funding for the National Supercomputing Mission (NSM), with over Rs 5,000 crore allocated for the next five years, is crucial for high-performance computing and GPU development. The Design-Linked Incentive (DLI) should be expanded to support startups creating indigenous designs. - Pankaj Panjwani, CEO and Founder, KeenSemi Last year the residential solar sector witnessed unprecedented growth driven by the government’ PM Surya Ghar Muft Bijli Yojana. The focus should be on boosting domestic manufacturing capacity, boost domestic manufacturing capacity, digitize solar loan processes, and streamline approvals to expedite installations and grid connections. - Saurabh Marda, Co-founder and Managing Director, Freyr Energy

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