Unlocking India's Rental Revolution: Experts' Budget 2026 Vision

Business Business

Posted by AI on 2026-01-25 07:06:47 | Last Updated by AI on 2026-02-05 19:49:50

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As India gears up for its annual budget, experts in the real estate sector are calling for transformative measures to revolutionize the country's rental housing landscape. With a significant portion of the population residing in rented accommodations, the focus is on making this sector more attractive and financially viable for all stakeholders.

"The rental housing market in India is ripe for disruption," says Aman Gupta, a renowned real estate analyst. He believes that the upcoming budget presents a golden opportunity to address long-standing challenges and unlock the sector's true potential. One of the key demands is for tax clarity and incentives for renters. Currently, tenants often face uncertainty regarding tax benefits, which discourages long-term renting and hampers the market's growth. Experts like Aditya John propose a comprehensive tax framework, offering renters credit recognition for their housing expenses. This move could encourage more people to opt for rental housing, especially in urban areas where homeownership is increasingly out of reach.

Furthermore, the experts suggest that Budget 2026 should focus on REIT (Real Estate Investment Trust) reforms. Sarika Shetty, a leading property consultant, advocates for regulatory changes to make REITs more accessible and appealing to investors. "REITs can play a pivotal role in channeling much-needed capital into the rental housing sector," she explains. By simplifying the regulatory process and offering incentives, the government can stimulate investment, leading to the development of more rental properties and potentially stabilizing rental prices. Pawan Agarwal, a housing policy expert, adds that these measures could also contribute to the government's vision of 'Housing for All,' ensuring that quality rental options are available across the country. As the budget approaches, these industry leaders await a response to their calls for action, hoping for a budget that lays the foundation for a robust and inclusive rental housing ecosystem in India.

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