<h1>Real estate sector applauds Union Budget 2025-26 for tax reliefs, infrastructure investments, but seeks industry status and rental policy.</h1> Real estate leaders in West Bengal praised the Union Budget 2025-26 for its supportive measures, such as tax reliefs and funds for stalled projects, which they believe will boost the real estate sector. They welcomed the revised tax slabs and increased TDS threshold on rent, which enhance disposable income and demand. The budget's infrastructure investments and funds like the Urban Challenge Fund and SWAMIH Fund were seen as positive for urban expansion and project completion. However, industry leaders expressed disappointment over the lack of industry status for real estate and the absence of a national rental housing policy.