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Struggling realty market

Q: At present, real estate market is struggling at a low pace.. What steps could be taken to improve the situation?

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Replies (5)
1
Mr. Jain pointed out that to manage pricing the government has to ensure supply which is the only way volumes will revive.
Puneet Laskar


2
Administrative reforms related to faster approvals, land reforms to protect green land and fostering urban infrastructure through higher density and removal of FSI norms. Fiscal reforms relating to tax, banking and procedural issues are also vital to the sector.
Pranab Malakar


3
Hi Pranab, what reforms is he going to bring in?
Richa


4
Hi all.. do you know, there is a shortage of 31 million houses in India of which 26 million are in EWS and LIG category.
James


5
Hi Richa, CREDAI president, Lalit Kumar Jain, is planning of several reforms in order to boost the struggling realty sector.
Pranab Malakar


6

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