Union Budget 2026 Plays It Safe on Housing, Misses Chance to Revive Affordable Segment Despite Urban Growth Push

By Alakshendra Singh, Head of corporate communication, Eros Group on the Union Budget 2026 for your reference.

“Union Budget 2026 is a missed opportunity for housing, especially affordable housing. While the government speaks the language of infrastructure and long-term growth, it has chosen to ignore a segment that is critical to urban stability and social inclusion. Affordable housing demand has been weakening for years, and the absence of any direct fiscal support, definition reset, or buyer-side stimulus is a clear setback.

That said, the Budget is not without contradictions. On one hand, it talks about inclusive urban growth; on the other, it sidelines the very segment that enables it. The push on Tier-II and Tier-III cities and asset monetisation through REITs may support institutional real estate and commercial assets, but housing cannot be left to infrastructure trickle-down alone. Real estate needs decisive policy support, not just macro assurances. This Budget plays safe, perhaps too safe, for a sector that needed sharper intervention.”

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