Hyderabad, Feb. 5 -- The income tax relief announced during the Union Budget 2025 is likely to boost housing demand in Hyderabad.

According to a report by the real estate services company ANAROCK, though a notable shortfall was the absence of major announcements for the affordable housing sector which left stakeholders disappointed, the budget overall remains strong and growth-oriented.

How income tax relief may boost housing demand in Hyderabad?

As per the report, income tax relief for the middle class provided by the announcement of zero income tax for individuals earning up to Rs 12 lakh annually is likely to provide a major consumption boost. This move is also expected to strengthen demand for affordable housing.

It also mentioned...