Jamshedpur: The Budget 2026 unveiled by the Union Finance Minister Nirmala Sitharaman provides a positive impetus to real estate and hospitality sectors. Arun A Gaur, Co-Convenor, CII Jharkhand Economic Affairs, Finance & Taxation Panel said The Union Budget 2026-27 focused on growth, infrastructure, and urban development, providing a positive backdrop for real estate and hospitality sectors.
It proposed the establishment of dedicated REITs to recycle public sector real estate assets and improve liquidity in the property market, along with an Infrastructure Risk Guarantee Fund to support developers and lenders by reducing financing risk.
Increased capital expenditure of ₹12.2 lakh crore on infrastructure is expected to boost demand for housing and commercial real estate across major cities and emerging urban centres. The Budget continued emphasis on affordable housing and urban reforms, which should strengthen buyer confidence and stimulate construction activity.
Gaur noted that for the hospitality and tourism industry, the government proposed initiatives such as setting up a National Institute of Hospitality to enhance skills and professional capacity, and schemes to promote tourism infrastructure and regional travel demand. Measures to develop medical tourism hubs and support tourist guide training were also announced, expected to drive hotel occupancy and investment.
