“The Government’s announcement to primarily protect the livelihood of the citizens currently at an economic disadvantage is a step in the right direction. We particularly laud the utilization of the existing Rs 31,000 crore welfare fund for over 3.5 crore construction workers across India. However, there is an urgent need for the Government to follow a similar approach to combat the adverse implications of Covid – 19 on the Indian Real Estate industry. Given the sector’s macro-economic impact and contribution towards the country’s GDP, we urge the Finance Minister to announce a decisive plan of action to ensure that the best interests of Indian Realty, its stakeholders and the economy at large are safeguarded for the long term.”
You might also like
More from Real Estate
78% of tenants from Mumbai eyeing to buy their first property in 2021: NoBroker Survey
87% of prospective buyers prefer ready-to-move-in or resale houses when purchasing property NoBroker saved INR 267 crore worth of …
Sushma Group launches its first holiday homes project – Sushma Elementa in Himachal Pradesh
MUMBAI, 13 January 2021: Sushma Group, a Punjab based leading real estate developer with remarkable delivery record of 13 projects, ventures …
Cerana Meads inaugurates Inspire Co Spaces
October 31st, 2020: Inspire Co Spaces based in Mumbai, Thane, and Navi Mumbai is a community of strong spirits, united …
