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Tax Relief

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New Tax Exemption on Two Self-Occupied Properties: A Game-Changer for Homebuyers and Investors

The Union Budget 2025 introduces a significant tax exemption, allowing individuals to claim a nil valuation for two self-occupied properties. This move is expected to boost homeownership and real estate investments.
Nirmala Sitharaman to present the union budget

Budget 2025: Tax Relief on Two Homes, ₹15,000 Cr SWAMIH Fund & Urban Growth Push Real Estate Forward

The Union Budget 2025-26 brings significant tax relief for homeowners, allowing tax exemptions on two self-occupied properties instead of one. This progressive move enhances homeownership benefits, reducing notional rental tax burdens and making real estate investments more attractive. Additionally, the budget introduces a ₹15,000 crore infusion into the SWAMIH Fund to accelerate stalled housing projects, boosting market confidence. With zero income tax up to ₹12 lakh, middle-class disposable income is set to rise, fueling housing demand. However, industry experts highlight the need for further reforms, including home loan interest deductions and streamlined approval processes, to maximize sectoral growth.