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Union Budget 2026 Boosts Private Real Estate Developers: Aditya Goel, One Prastha

The Union Budget 2026 is indeed a significant boost for private sector real estate developers. With the setup of the Infrastructure Risk Guarantee Fund, it is expected to encourage greater participation from private developers, amplifying their contribution toward the Viksit Bharat Mission 2047.

The government’s focus on development in Tier 2 cities will further expand amenities for customers while promoting a healthy and sustainable environment for both developers and end users. Sustained capital expenditure and an emphasis on infrastructure-led growth, urban development, and asset monetisation through measures such as REITs are expected to generate employment and strengthen the overall organisation of the real estate sector.

The sector has strong potential to achieve greater heights with its dynamic approach. The emergence of new hubs in Tier 2 cities like Sonipat has opened fresh avenues and expansion pathways for both residential and commercial development.

— Aditya Goel, Co-Founder, One Prastha