India, Jan. 21 -- Real estate experts have suggested that Budget 2026 introduce a housing credit passport, a consent-based digital snapshot of a home loan borrower's financial profile. They say it could significantly cut loan approval timelines and improve ease of doing business in the housing sector

Here's a look at what a housing credit passport is, how feasible it may be, and what it could mean for homebuyers.

"A housing credit passport is a consent-based digital snapshot of a borrower's financial profile, covering income, credit history, and existing loans, which lenders can access during a home loan application," says Adhil Shetty, CEO, BankBazaar.

A standardised, consent-based credit profile could help reduce duplication, improve...