On February 1, 2025, Finance Minister Nirmala Sitharaman presented the Union Budget for the financial year 2025-26 in Parliament. This marks the eighth budget by Sitharaman, making her the first finance minister in India’s history to present so many budgets. It is also the first budget of Prime Minister Narendra Modi’s third term. Sitharaman emphasised...
Tag: Union Budget
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Budget 2025: Key Announcements Impacting Real Estate
Key takeaways for the real estate sector include: • Income tax relief for the middle class: The finance minister announced zero income tax for individuals earning up to Rs 12 lakh annually, providing a major consumption boost. This move is also expected to strengthen demand for affordable housing. Additionally, the new income tax bill will...
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Rs 1 trn Urban Challenge Fund to Boost Infrastructure
Finance Minister Nirmala Sitharaman announced that the Indian government will establish a Rs 1 trillion Urban Challenge Fund to enhance urban infrastructure. The fund aims to support cities as centres of economic growth by financing up to 25 per cent of bankable projects, with a focus on creative city redevelopment, water, and sanitation initiatives. The...
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Budget 2025-26: Industry reactions
Union Finance Minister, Nirmala Sitharaman announced Budget 2025-26 today. The government has planned a number of strategic initiatives which will drive inclusive growth, boost economic growth and provide an impetus to to India’s competitive edge on the global stage. Here’s what industry has to say about various announcements and initiatives announced in the budget: Real...
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Budget 2025-26: Rs 1 lakh crore fund to transform cities
Union Finance Minister, Nirmala Sitharaman announced that the government will create a Rs 1 lakh crore Urban Challenge Fund aimed at transforming cities into growth hubs. The fund will finance 25 per cent of the cost of bankable projects, with an allocation of Rs 10,000 crore for 2025-26. The remaining 50 per cent will be...
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Budget 2025-26: India’s startup ecosystem gets Rs 10,000 crore Fund of Funds
The Union Budget 2025-26 Announced a establishment of a new Fund of Funds with an additional ₹10,000 crore for startups that will provide significant benefits to India’s entrepreneurial ecosystem. Calling it a significant step in strengthening India’s startup ecosystem, Vimal Nadar, Head of Research, Colliers India said, “This fresh infusion, combined with the existing government...
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DFI to create financing ecosystem for infra projects
The new Development Finance Institution (DFI) will be a fairly large entity that will play a key role in the Central Government’s strategy to facilitate the creation of a robust financing ecosystem for infrastructure projects in the country. Simultaneously, the government also remains committed to rolling out systemic interventions to ensure the necessary action on...
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Opinion: Union Budget a booster shot for the real estate sector
The announcements made by Finance Minister Nirmala Sitharaman will help spur further growth in the
real estate sector given that we are already in a low interest and easy liquidity regime. By KRISH RAVESHIA
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Post Budget Analysis | Housing Finance Companies
The Union Budget for FY2018 has maintained focus on meeting the Housing for All agenda by 2022. The allocation is marginally lower than the last fiscal.
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Rs. 6 trillion Master Stroke
This Union Budget came against the backdrop of a raft of reforms, economic slowdown and fiscal stress. While the Budget proposals will incrementally contribute to economic expansion with its de facto elements of stimulus, the pace of growth will largely be due to factors outside the Budget.