Union Budget 2026–27 Positive for Real Estate Growth in Tamil Nadu: G Square Group
Commenting on the Union Budget 2026–27, Bala Ramajayam, Founder and Managing Director, G Square Group, said the Budget reinforces infrastructure development as a key driver of sustainable real estate growth.
He said the continued focus on infrastructure creation, City Economic Regions and improved connectivity across Tier-I and Tier-II cities is expected to provide a strong boost to the real estate sector in Tamil Nadu, particularly in Chennai and emerging growth corridors across the State. According to him, these measures will support planned urban expansion and enhance the attractiveness of well-developed residential locations.
Ramajayam also welcomed steps aimed at unlocking real estate assets through REITs, reducing construction-phase risks for infrastructure projects and simplifying property transactions involving non-residents. He said these initiatives would improve ease of doing business, strengthen market transparency and enhance investor confidence.
He added that sustained public investment and macroeconomic stability would help improve housing affordability and boost homebuyer confidence. According to him, the policy environment is particularly favourable for plotted developments, benefiting first-time homebuyers as well as long-term investors seeking well-connected and value-driven housing options.
