Hyderabad/New Delhi, Feb 1 (TNT): Welcoming the Union Budget 2026–27, Industry body NAREDCO on Sunday stated that the sharp rise in capital expenditure to ₹12.2 lakh crore will create strong multiplier effects across real estate, infrastructure, construction, logistics and allied sectors.
In a statement, NAREDCO President Parveen Jain said the Budget’s focus on cities with populations above five lakh will accelerate demand in Tier-2 and Tier-3 markets, supporting balanced urban growth beyond metros.
He said the proposed Infrastructure Risk Guarantee Fund will improve project viability by easing access to finance and enhancing lender confidence.
NAREDCO Chairman Dr Niranjan Hiranandani said initiatives such as City Economic Regions, REIT-led monetisation of CPSE real estate assets, and investments in logistics, warehousing and data centres will strengthen execution certainty and attract long-term private capital.
He said that improved regional connectivity and continued support for affordable housing will further underpin sustainable growth in the urban economy.
Overall, NAREDCO said the Budget provides policy stability and a favourable investment climate for the real estate sector amid global economic uncertainties.
TNT TS
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