The real estate sector is witnessing landmark growth and a developer & homebuyer-friendly budget will further amplify this sentiment, ultimately boosting the overall contribution of the sector towards the Indian economy. The industry looks forward to addressing the need to increase the slab for tax-free home loans from 1.5 lakh to 3 lakh.Along with this, there should be a tax SOP dedicated to affordable housing. There is a need to redefine the standard definition of affordable housing by the RBI and RERA where it should be restricted to home sizes from 60 sq.m to 90 sq.m rather than the current price bracket of 45 lakh.