The Hon’ble Finance Minister presented the Union Budget 2025 on 01 February 2025 in the Lok Sabha. We bring you the key amendments proposed in Finance Bill 2025 with respect to Real Estate Sector.
The Hon’ble Finance Minister presented the Union Budget 2025 on 01 February 2025 in the Lok Sabha.
In the Union Budget 2025, the Finance Minister has unveiled a series of policy reforms anticipated to provide incentives to India's real estate industry. Banking on the success of SWAMIH Fund I, another fund (SWAMIH Fund 2) of INR 15,000 crores will be established as a blended finance facility with contributions from the Government, banks and private investors. This is expected to accelerate completion of stalled housing projects and bring relief to home buyers. Further, policy initiatives have been introduced for Urban development through establishment of Urban Challenge Fund, of INR 1 lakh crore which will play a pivotal role in growth of cities.
A new Income Tax Bill will also be shortly announced, which is aimed at simplification, tax certainty and reduction of litigation.
We bring you a detailed analysis on tax and regulatory amendments announced by the Hon'ble Finance Minister in her budget speech in respect of real estate sector.