As India gears up for the Union Budget 2026–27, industry leaders are calling for policy measures that strengthen urban infrastructure, promote sustainability, and support evolving consumer aspirations—particularly in the real estate and hospitality sectors.
Commenting on the outlook, Abdulkader Bengali, Managing Director, Hansgrohe India, said that India’s macroeconomic fundamentals remain resilient, supported by strong growth momentum and rising aspirations across Tier 2 and Tier 3 cities.
Bengali highlighted that a rapidly expanding middle class is increasingly seeking luxury residential and hospitality experiences that go beyond aesthetics. “Consumers today are looking for spaces that are premium, well-designed, efficient, and sustainable—reflecting changing lifestyles and greater global exposure,” he noted.
According to him, this transition underscores the need for policy frameworks that reinforce infrastructure development, urban planning, and holistic housing ecosystems. Such measures, he said, are essential to ensure access to high-quality living environments while maintaining affordability and long-term value.
He further emphasized that encouraging responsible construction practices, focused skill development, and quality-led execution can help elevate standards across both luxury residential and hospitality segments. “With consistent policy support and a sharper focus on durability, sustainability, and user experience, India can significantly enhance its living environments and hospitality offerings,” Bengali said.
Industry experts believe that targeted interventions in Budget 2026 could not only support inclusive growth but also strengthen India’s broader building and construction ecosystem, positioning the sector for long-term, future-ready development.