New Delhi, Jan. 31 -- As the Union Budget 2025-26 approaches, the real estate and infrastructure sectors are hopeful for a budget that drives growth and addresses long-standing industry concerns. Here are critical expectations:

Tax Reforms: Increasing the tax deduction limit under Section 24(b) for home loan interest, currently capped at Rs.2 lakh, would provide much-needed relief to homebuyers, especially in metro cities where property prices are high.

Affordable Housing Project:Extending the benefits of Section 80-IBA for affordable housing projects upto March 2029 would encourage more developers to venture into affordable real estate projects development and government mantra of Housing for all gets fulfilled.

GST Tax Rate reductio...