[부동산] 신정부, 어떻게 부동산 시장 회복을 이루어낼까 How can the new government expedite the real estate sector’s recovery?
[INDIA REAL ESTATE NEWS] Good morning, everyone. I’m Lee Jang Ho
staff of Kamagroup Pvt. Ltd. Here I have an important INDIA REAL ESTATE
news to share with you which is as undermentioned.
With the General Elections of 2019 giving a clear mandate for Narendra Modi
to return as prime minister for a second term, the real estate sector is
optimistic, as this would mean a continuation in policies. The government took
several major policy decisions in the last three to four years and industry players
and the middle-class buyers, are now expecting the benefits of these decisions
to start showing.
“Over the past few years, the government has introduced reforms, such as
demonetisation, the Real Estate (Regulation and Development) Act (RERA), the
Goods and Services Tax (GST), changes to the Benami Properties Act and
bankruptcy laws, all of which have changed the paradigm of real estate. The
government also created affordable housing as a segment.
The past couple of years can be best described as a period of ‘short-term pain
for long-term gain’. We should now see the positives impacting the real estate
sector,” says Niranjan Hiranandani, president, National Real Estate Development
Read more at: https://housing.com/news/how-can-the-new-government-expedite-the-real-estate-sectors-recovery/Kamagroup Pvt. Ltd.
Have a nice day.