Sharing with you the budget reaction quote from *Mr. Navin Kumar, Managing Director, Navin’s.*
“The Union Budget 2026–27 has reinforced support for the housing sector with the announcement of a ₹15,000-crore SWAMIH Fund to expedite the completion of nearly one lakh stalled housing units, a move expected to ease liquidity stress among developers and boost homebuyer confidence. Measures to raise disposable incomes and the continued thrust on urban development are also likely to support housing demand, particularly in the affordable and mid-income segments. In addition, the simplification of taxation and compliance processes for NRI property transactions is a welcome step that will improve ease of investment, enhance transparency, and encourage stronger participation from NRIs in India’s residential real estate market.”
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*About Navin’s:*
Navin's, under the visionary leadership of Dr. R. Kumar, the founder and Chairman, has flourished over the past 36 years, becoming the most trusted and respected real estate brand in Chennai, with over 128 projects transforming the city's skyline, it believes that building homes is an art - an exercise of intellect, careful precision, and passion. The motto of the organization has been to achieve a symbiosis of architectural brilliance, aesthetic appeal and excellent quality combined with ethical practices. The brand was the first in Chennai to receive the ISO 9001-2008 Certification and now upgraded to ISO 2015 and bring to the table, perfect titles, strict adherence to rules and regulations, excellence in design, quality constructions, care for customer needs and above all ethical business practices. Navin’s has won over 60 awards, including several awards from Construction Industry Development Council (CIDC); Best Professionally Managed Company award by CIDC; several awards from the Builders Association of India, PMAY award for Best affordable housing for the years 2019, 2022 & 2025, National Green Champion from the IGBC, and Most Reputed Developer of the Year 2019 from ET Now, to name a few.
