Credai ready for Reforms in Realty Sector in 2015

Q: Government needs to introduce new reforms and make sure their fast implementation to wake up the real estate sector.

Padma G, Mumbai

6th January 2015

Real estate News in Mumbai

real estate

realty sector

credai

new reforms in realty sector

Follow Discussion

Also see discussions for

Mumbai Real estate News Real estate News in Mumbai

Replies (5)

With a lot of positive outlook and hopes shown by the new government, we anticipate that land, administrative tax and banking reforms will be executed without further delay.

Rakshit, Mumbai

6th January 2015

Comment

It has seen that prices of cement, steel rods, bricks and other input materials have increased by 30% over the last 3 years. Besides rising prices, high lending rates by banks have hit the realty sector severely as well.

Bikram, Mumbai

6th January 2015

Comment

The continuous fall in fuel prices is not translating into price reduction of cement, steel and even transport. In spite of slowdown in consumption, we saw a huge rise in cement and steel prices. The government needs to regulate steel and cement prices just as the power regulators monitor tariff.

Rakshit, Mumbai

6th January 2015

Comment

You are right Rakshit,
Rising prices of steel and cement continue to be a cause for concern and the Centre needs to take steps to regulate the prices.

Bikram, Mumbai

6th January 2015

Comment

As per Credai chairman Lalit Kumar Jain said in a release that government need fast implementation of reforms in the New Year or else there is a risk of losing steam.

Rakshit, Mumbai

6th January 2015

Comment