"As we approach the Union Budget 2026, the real estate sector believes it is time to realign housing policies with current market realities. The existing ₹45 lakh price cap for affordable housing has become outdated in high-growth cities like Pune, where land and construction costs have risen sharply. Revising this threshold to ₹90 lakh, along with tax incentives for affordable housing developers and rationalisation of GST on construction work contracts, will help improve supply, enhance affordability and support homebuyers. At the same time, CREDAI is strongly focused on promoting green and sustainable construction, with a clear commitment towards achieving net-zero carbon emissions by 2047. Supportive policy measures in the upcoming Budget can accelerate housing delivery, encourage sustainable development and strengthen the sector's contribution to economic growth." - Manish Jain, President, CREDAI Pune.
Sharing his anticipation for the Union Budget 2026-27 and its potential impact on the industry, Md. Sajid Khan, Director – India, ACCA, said, “As India prepares for the Union Budget 2026, the focus on strengthening the country’s financial and economic ecosystem must go hand in hand with investing in future-ready talent. The accounting and finance profession is undergoing rapid transformation driven by digitalisation, sustainability reporting, AI, and evolving global compliance standards. We hope the upcoming budget prioritises measures that support high-quality professional education aligned with global standards and strong industry–academia collaboration. Incentives for skill-based learning, digital upskilling, and global mobility of Indian professionals will be crucial in positioning India as a hub for world-class finance and accounting talent. Such initiatives can help bridge the skills gap, enhance employability, and ensure India’s workforce remains globally competitive.”
Sudhir Sitapati, Managing Director & Chief Executive Officer, Godrej Consumer Products Ltd said, “Our main expectation from the Budget is efficient measures to boost consumption, particularly through further rationalisation of GST. There are a few large, mass-consumption FMCG categories, especially in home care, that continue to be taxed at 18 per cent and could logically move to a lower slab such as 5 per cent to support demand. We also believe that higher allocations for infrastructure linked to labour- and water-intensive categories should be released in a timely manner. That said, the sector has already seen significant stimulus over the past year, and continued focus on consumption will help sustain growth.”
