Union Budget 2025: Five Key Ways It Impacts the Real Estate Sector
- Industry News
- February 19, 2025
Union Budget 2025 introduces key measures impacting real estate, including tax relief, a ₹15,000 crore affordable housing fund, and ₹15.5 lakh crore for infrastructure. It also boosts rental markets, Global Capability Centers (GCCs), and hospitality investments. These policies will drive commercial and residential growth, supporting India’s $7 trillion economic vision.
READ MOREIndia’s real estate market is projected to reach $5.8 trillion by 2047, contributing 15.5% to GDP. Fueled by urbanisation, infrastructure growth, and strong investments, the sector is expanding across residential, commercial, and retail spaces. Domestic Institutional Investors (DIIs) continue driving momentum, ensuring sustained growth despite global market fluctuations.
READ MOREKIIFB plans a ₹90 crore office building despite mounting financial strain and underutilised government spaces. The agency spent ₹3,505 crore on debt repayment in 2023-24, with several projects still stalled. As the government reevaluates KIIFB’s revenue model, concerns over costly infrastructure investments amid shifting global work trends grow.
READ MOREBengaluru led India’s office leasing market in 2024 with 21.8 million sq. ft. of absorption, driven by GCCs, tech firms, and flexible space operators. Pan-India leasing hit 79 million sq. ft., with sustainability gaining traction—56% of leases in green-certified buildings. 2025 trends include GCC expansion, flexible spaces, and eco-friendly developments.
READ MOREAmbience Corporate Tower in Gurugram redefines workspace design with its minimalist architecture, modular layouts, and energy-efficient facade. Designed by Grid Plc, it offers scalable office solutions, optimised circulation, and sustainable features like solar louvres and double-glazed glass, making it a future-ready, flexible corporate hub in India’s business landscape.
Wipro CIB unveils MyWiproVerse Hyderabad, a 2,000 sq. ft. IoT-powered experience centre showcasing innovative workspace solutions. Featuring human-centric lighting, ergonomic seating, and sustainable technology, it caters to designers and leaders seeking smart, future-ready offices. The centre highlights Wipro’s commitment to health, productivity, and cutting-edge design excellence.
India’s office market reached record highs in 2024, with 50 million sq ft net absorption and 79 million sq ft leased. Global Capability Centres (GCCs) led demand, accounting for 37% of activity. Bengaluru dominated with 28% absorption. Flexible space leasing surged 52%, reflecting India’s growing role as a global office hub.
Dive into India’s top 10 commercial property developers for 2025, transforming urban landscapes with sustainable, flexible, and innovative workspaces. Learn about their visionary projects, future trends, and the evolution of commercial real estate in India.
The flexible workspace industry is experiencing unprecedented growth, with 20-21% of India’s office market expected to be flexible by 2025. Industry leaders predict AI-driven workspaces, IPOs, suburban expansion, and managed offices leading the way. Read expert insights on what’s shaping the future of work and commercial real estate.
India’s Global Capability Centres (GCCs) drive demand for co-working spaces, embracing hybrid work models, cost efficiency, and sustainability. With growth expanding to tier-2 and tier-3 cities, co-working spaces offer scalable, tech-enabled, and tailored solutions. This trend opens opportunities for businesses and investors alike, redefining the future of workspaces.
India’s Tier-II and Tier-III cities are witnessing a surge in demand for flexible workspaces, driven by cost-effective real estate, hybrid work models, and the growing startup ecosystem. Managed office spaces are becoming crucial for businesses seeking scalability, with these cities transforming into key hubs for innovation and corporate expansion.
WeWork India’s ‘Your Office, Your Way’ campaign challenged workspace misconceptions, showcasing its adaptability beyond startups. Using relatable office scenarios and visually engaging 2D+3D graphics, the campaign boosted brand awareness by 14% and doubled lead quality. The initiative redefined WeWork India’s positioning as a leading flexible workspace provider for enterprises.