Hi, The realty sector is looking forward to a number of policy including a review of the FDI rules in housing, REIT legislations, effective implementation of Real Estate (Regulation and Development) Bill, the long-awaited infrastructure status and single window clearance system are some fo the significant issues that the new Government will have to look into.
Hi Dwarkesh, But market watchers said election results are expected to improve sentiment in the real estate market. The formation of a stable Government not dependent on faster decision-making and economic reforms. If GDP growth raise, the real estate industry would be one of the early beneficiaries. Is it true?
@Lekshmi, Here, the developer is expecting that a stable government will lift the sentiments of the investor community, which will impact housing and office sales. They firmly believe that the sector will be given industry status this time, which will relief all fund inflow.