Union Budget 2026 Reaction Highlights: Industry Leaders Share Their Views on Growth, Policy and the Way Forward!

Mr Rishi Jain Managing Director Jain Group on Union Budget 2026 impact on real estate sector
Union Budget 2026 Signals Long-Term Urban Planning, Limited Near-Term Relief for Real Estate: Jain Group

2026 Union Budget Reaction Quote From Mr Rishi Jain, Managing Director, Jain Group.

“Budget 2026 is reassuring in intent but offers little immediate relief for the real estate sector. While the ₹12.2 lakh crore capex push and City Economic Regions signal long-term planning, they do not address today’s liquidity challenges. Key industry demands such as infrastructure status and higher Section 24(b) deductions remain unaddressed, with the focus shifting to structural measures like REIT monetisation and PMAY. Overall, the Budget favours long-term urban planning over the short-term fiscal support needed to revive real estate growth amid global uncertainty.”

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