The Union Budget 2025 has brought optimism and growth opportunities for the real estate sector, promising urban development, ease of doing business, and financial relief for homebuyers. In an exclusive interview with AIN, Naveen Raheja, Chairman and Managing Director of Raheja Developers, shared his thoughts on how the budget will boost economic growth and reshape India’s real estate landscape.
With a focus on urban rejuvenation, unlocking stalled housing projects, and tax benefits, the budget has set the foundation for sustainable and accelerated growth. Here’s a detailed look at Naveen Raheja’s insights on the impact of Budget 2025 on real estate.
Raheja Developers News: Budget 2025 Brings Growth and Stability to Real Estate
A Budget for Prosperity and Happiness
According to Naveen Raheja, Budget 2025 is a progressive and well-balanced financial roadmap that ensures a prosperous future for the Indian economy. He emphasized that the budget is not just about numbers but about creating happiness and economic stability for the people of India.
The real estate sector, which acts as a growth driver for over 250 industries, has received much-needed attention in the budget. Strategic investments and policy decisions will lead to sustainable urban growth, ease of project execution, and financial relief for homebuyers.
₹1 Lakh Crore for Urban Rejuvenation – A Major Boost for Infrastructure
One of the most significant announcements in the budget is the allocation of ₹1 lakh crore for urban rejuvenation. This investment will lead to:
- Sustainable urban development, ensuring better city planning.
- Renewal and expansion of infrastructure services, improving living conditions.
- Increased industrial growth, driving economic expansion.
- Higher real estate demand, as better infrastructure attracts more homebuyers.
According to Naveen Raheja, this move will transform cities organically, ensuring better sustainability and livability. Improved urban infrastructure will make Indian cities globally competitive, increasing their appeal for real estate investments.
Raheja Developers News: Swami Fund to Unlock One Lakh Stalled Housing Units
One of the biggest challenges in the real estate sector has been stalled housing projects, leaving homebuyers in uncertainty. The government’s decision to continue and expand the Swami Fund will be a game-changer.
Key Benefits of Expanding the Swami Fund:
- Unlocking of one lakh stalled housing units, giving relief to homebuyers.
- Infusion of funds into the real estate sector, stimulating economic growth.
- Re-circulation of blocked investments, boosting financial liquidity.
By delivering one lakh pending housing units, this initiative will unlock capital stuck for years. Naveen Raheja emphasized that when homebuyers receive their properties, their investments re-enter the economy, leading to higher financial circulation and renewed confidence in the sector.
Ease of Doing Business: Faster Approvals and AI Integration
For years, real estate developers have struggled with lengthy clearance processes, delaying projects and increasing costs. Raheja Developers, along with other industry leaders, have been advocating for regulatory reforms to streamline approvals.
Budget 2025 has addressed this demand by proposing:
- Formation of a special committee to simplify regulatory procedures.
- Integration of Artificial Intelligence (AI) to speed up approvals.
- Reduction in bureaucratic delays, making project execution smoother.
Why This Matters for Developers:
- Faster project approvals mean quicker delivery and reduced costs.
- AI-based monitoring will enhance transparency and efficiency.
- Boost in investor confidence, encouraging more real estate investments.
Naveen Raheja welcomed this initiative, stating that it will empower entrepreneurs and developers to complete projects faster, ensuring timely delivery and higher customer satisfaction.
New Tax Benefits for Homebuyers and Senior Citizens
Budget 2025 has introduced major tax benefits for both homebuyers and senior citizens, making real estate investment more attractive.
Key Tax Benefits:
- Increased Tax Deduction for Senior Citizens – Raised from ₹50,000 to ₹1 lakh, providing financial relief.
- Expansion of Capital Gains Exemption – Homeowners can now own two self-occupied properties instead of just one, reducing tax liability.
Impact on Real Estate Market:
- Senior citizens will have more financial stability, increasing their investment potential.
- Families can now invest in multiple properties, boosting housing demand.
- Greater tax relief will encourage more people to buy homes instead of renting.
According to Naveen Raheja, this is a welcome move, considering that modern families often require more than one home. This change will provide more flexibility and financial relief to homebuyers.
Raheja Developers News: A Bright Future for Indian Real Estate
With urban rejuvenation, financial relief, and ease of doing business, Budget 2025 has laid the foundation for a stronger, more resilient real estate market.
Key Takeaways from Naveen Raheja’s Interview:
- ₹1 lakh crore investment in urban rejuvenation will enhance infrastructure and sustainability.
- Swami Fund expansion will unlock one lakh stalled housing units, bringing back market liquidity.
- Regulatory reforms will lead to faster project approvals and ease of doing business.
- New tax benefits will encourage property ownership and financial security.
Conclusion: Raheja Developers Leading the Way in Real Estate Growth
With a pro-development budget, the real estate sector is set to experience significant expansion. Raheja Developers, under the leadership of Naveen Raheja, is well-positioned to leverage these opportunities and continue delivering world-class real estate projects.
As urban infrastructure improves and regulatory reforms simplify processes, Raheja Developers remains committed to providing sustainable, high-quality, and affordable housing solutions.
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