New Delhi, April 2 -- A wave of optimism is sweeping through India's real estate sector as the Income Tax Act 2025 comes into effect from April 1, with industry leaders confident that the new regime will put more money in buyers' pockets and bring homeownership closer to reality for millions.
For years, aspiring homeowners - especially renters, first-time buyers, and Gen Z -have grappled with tight finances, high upfront costs, and cumbersome compliance processes. The latest tax overhaul, however, is being seen as a turning point that could ease these pressures and unlock pent-up demand.
Adhil Shetty, CEO and Co-Founder, BankBazaar, called the reform a "game-changer" for household finances, highlighting that the increased exemption thresh...