Builders urge new govt to bring policy reforms in realty sector
Real Estate

Builders urge new govt to bring policy reforms in realty sector

Builders urge the incoming government to enact policy reforms in the real estate sector and lower home loan interest rates. NAREDCO, the realtors' body, emphasises the need for tax incentives for homebuyers and developers to stimulate housing demand. Additionally, the association calls for simplification of project approval processes. According to G Hari Babu, National President, NAREDCO, adjustments to financial limits and incentives for builders are crucial for promoting affordable housing. He stresses the importance of addressing rising home loan EMIs and implementing sustainability incentives to achieve industry growth goals. Babu proposes setting lower interest rates for affordable housing loans for the initial years to alleviate the burden on middle-class families. Specific policy reforms, especially for affordable housing, are deemed essential for sectoral growth. The government is urged to introduce financial incentives and tax breaks for sustainable building practices and affordable housing projects. Easing regulatory constraints and approval processes would further bolster the sector's growth prospects. Anuj Puri, Chairman, Anarock highlights the importance of a stable government for investor confidence and emphasises the need for reforms to incentivise buyers and investors. Pradeep Aggarwal, Founder & Chairman, Signature Global (India), stresses the significance of the infrastructure and real estate sectors for national development and hopes for continued government support, including tax benefits and GST relief, to facilitate sectoral growth.

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

Builders urge the incoming government to enact policy reforms in the real estate sector and lower home loan interest rates. NAREDCO, the realtors' body, emphasises the need for tax incentives for homebuyers and developers to stimulate housing demand. Additionally, the association calls for simplification of project approval processes. According to G Hari Babu, National President, NAREDCO, adjustments to financial limits and incentives for builders are crucial for promoting affordable housing. He stresses the importance of addressing rising home loan EMIs and implementing sustainability incentives to achieve industry growth goals. Babu proposes setting lower interest rates for affordable housing loans for the initial years to alleviate the burden on middle-class families. Specific policy reforms, especially for affordable housing, are deemed essential for sectoral growth. The government is urged to introduce financial incentives and tax breaks for sustainable building practices and affordable housing projects. Easing regulatory constraints and approval processes would further bolster the sector's growth prospects. Anuj Puri, Chairman, Anarock highlights the importance of a stable government for investor confidence and emphasises the need for reforms to incentivise buyers and investors. Pradeep Aggarwal, Founder & Chairman, Signature Global (India), stresses the significance of the infrastructure and real estate sectors for national development and hopes for continued government support, including tax benefits and GST relief, to facilitate sectoral growth.

Next Story
Infrastructure Urban

DRDO Transfers Key Defence Materials Tech to Industry

The Defence Metallurgical Research Laboratory (DMRL) of DRDO in Hyderabad has transferred three advanced indigenous materials technologies to leading Indian industry partners, marking a major step towards self-reliance in strategic defence manufacturing. The Licensing Agreement for Transfer of Technology (LAToT) documents were handed over by Dr Samir V Kamat, Secretary of Defence R&D and Chairman of DRDO, at a ceremony held at DMRL on 30 August 2025.The transferred technologies include:High-Strength Radomes: Transferred to BHEL, Jagdishpur, this technology enables the manufacture of high-p..

Next Story
Infrastructure Energy

Coal Ministry Honours Top Mines for Safety and Sustainability

The Ministry of Coal hosted the Star Rating Award Ceremony in Mumbai to recognise outstanding coal and lignite mines for their achievements in safety, environmental responsibility, scientific operations, and community welfare. Union Minister of Coal and Mines Shri G. Kishan Reddy, accompanied by Minister of State Shri Satish Chandra Dubey and Secretary Shri Vikram Dev Dutt, presented the accolades.The awards celebrate mines that have demonstrated excellence across key parameters such as safety, productivity, scientific mining, environmental stewardship, and socio-economic impact. The Minister ..

Next Story
Infrastructure Urban

Modi Highlights Decade of Bold Economic Reforms

Prime Minister Shri Narendra Modi reaffirmed the government’s steadfast commitment to economic reforms over the past decade, highlighting transformative measures that have redefined India’s fiscal structure and enhanced its global economic position.Citing major initiatives such as corporate tax cuts to encourage investment, the implementation of the Goods and Services Tax (GST) to unify the national market, and reforms in personal income tax to improve Ease of Living, Modi emphasised that the reform agenda has consistently been citizen-focused and pro-growth.He welcomed the ongoing #NextGe..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?