CA Ramesh Agrawal The Hon’ble Prime Minister MODI has always put his focus on “Housing for All’. Now the Finance Minister Mrs. Nirmala Sitharaman made it clear in her Budget 2021-22 that the affordable housing is topmost priority of Modi Government. In the Union Budget 2021, Ministry of Housing and Urban Affairs has been allocated more than Rs 54,000 Crore for Urban Centers all over India. Impact of Union Budget 2021 on R eal Estate are as under: - Safe Harbor Limit Increased for Primary Sale of Residential Units: - To incentivize home buyers and real estate developers, it has been proposed to increase safe harbor limit from 10% to 20% for the specified primary sale of residential units. Affordable Housing: In 2019 July Budget, the government provided an additional interest deduction, amounting to Rs 1.5 lakh for the loan taken to purchase an affordable house. The Finance Minister