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MoneyWirePuravankara MD Ashish Puravankara on Union Budget
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Puravankara MD Ashish Puravankara on Union Budget

This story was originally published at 15:43 IST on 1 February 2026
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Informist, Sunday, Feb. 1, 2026

 

HYDERABAD - Ashish Puravankara, managing director, Puravankara, said the following on the Union Budget for 2026-27 (Apr-Mar), presented in the Lok Sabha by Finance Minister Nirmala Sitharaman on Sunday:

 

The Budget strengthens the case for infrastructure led urban expansion, particularly around large magnet cities. Improved regional connectivity is enabling Tier-1 and Tier-2 cities attached to these metros to grow horizontally, easing pressure on core urban areas while expanding the effective city footprint.

 

This creates a powerful opportunity for real estate development in well-connected peripheral locations, where land remains relatively affordable and projects can be planned at scale rather than being constrained by dense inner-city limitations.

 

This shift also addresses one of the sector's core challenges--affordability. As connectivity improves, developers can access larger land parcels at more rational prices, making it viable to build integrated communities with housing, social infrastructure and open spaces.  End

 

Compiled by Narayana Krishna
Filed by Akul Nishant Akhoury

 

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