Hyderabad, Feb 1 (TNT) : Reacting to the Union Budget 2026, Shishir Baijal, International Partner, Chairman and Managing Director of Knight Frank India, on Sunday said the Budget reinforces macroeconomic stability and provides continuity for long-term investment decisions, particularly in real estate-linked sectors.
In a statement, Baijal said the government’s sustained focus on infrastructure development and fiscal discipline under the FY27 Budget strengthens India’s growth trajectory and helps maintain a predictable environment for both domestic and global investors.
According to Baijal, this stability is crucial for keeping buyer sentiment cautious yet confident amid evolving market conditions.
Baijal pointed out that enhanced connectivity and development across tier-2 and tier-3 cities could unlock fresh opportunities for residential and logistics assets, supporting demand over the medium term and aiding portfolio diversification for developers and institutional investors.
However, from a business standpoint, he flagged the lack of real estate-specific fiscal incentives as a missed opportunity.
In particular, the absence of targeted measures for affordable housing could continue to constrain volume-led growth in the sector, despite strong underlying demand and supportive macro fundamentals, Baijal added.
TNT TS.
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