Nothing concrete on affordable housing in Union Budget 2026: Realtors’ apex body CREDAI
The Hindu
CREDAI expresses disappointment over the 2026 Union Budget's lack of affordable housing support, despite positive infrastructure initiatives.
Realtors' apex body CREDAI on Sunday (February 1, 2026) expressed disappointment that the Union Budget did not provide any incentives to boost demand and supply of affordable housing.
CREDAI, which represents around 15,000 real estate developers from across the country, warned that the share of affordable housing in the overall launch of new homes would decline further.
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However, the association welcomed the government's focus on creation of infrastructure, which would benefit the Indian property sector.
Commenting on the budget, CREDAI National President Shekhar Patel said the association is "deeply disappointed that the Budget offers nothing concrete for affordable housing."
With the current outdated definition of affordable housing, he said the affordable housing segment’s share could decline further from 18% to nearly 12% of total housing supply.
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