Spur The Rate of Recovery in Indian Real Estate
Ankit Kansal MD 360 Realtors
The Finance Minister has taken some commendable steps giving relief to Real Estate developers & the sector as a whole. As stipulated timelines for project completion has been extended automatically, it will give great relief to the sector. Also the govt. has announced to refinance NBFCs which will result in capital injection & circulation of credit thereby helping the Real Estate industry with the much-required stimulus. Developers will be able to complete the ongoing projects on time. We believe that with the help of coordinated steps by the govt., lending institutions, & real estate players, we can spur the rate of recovery in Indian Real Estate.