Easier NRI Investment, SWAMIH Fund to Support Housing Demand: Navin’s

Chennai: Navin Kumar, Managing Director of Navin’s, said the Union Budget 2026–27 has provided a timely boost to the housing sector, particularly through the announcement of a ₹15,000-crore SWAMIH Fund aimed at completing nearly one lakh stalled housing units.

He noted that the move is expected to ease liquidity pressures faced by developers and restore confidence among homebuyers. According to him, measures aimed at increasing disposable incomes, along with the continued focus on urban development, are likely to support housing demand, especially in the affordable and mid-income segments.

Navin Kumar also welcomed the simplification of taxation and compliance procedures for NRI property transactions, stating that this would improve ease of investment, enhance transparency, and encourage greater participation by non-resident Indians in India’s residential real estate market.