[부동산] 인도 빌딩 부문은 재정 지원, 정부 정책에 따라 내년에 6.6%까지 확장될 것이다: Fitch
[INDIA REAL ESTATE NEWS] Good morning, everyone.
I’m Hyaemin Park staff of Kamagroup. Here I have important INDIA REAL ESTATE news
to share with you which is as mentioned under.
NEW DELHI: Fitch Solutions on Monday said it expects the country's residential and non-
residential buildings sector to expand by 6.6 per cent, in real terms, next year, driven
by fiscal support and a continued focus on the provision of affordable housing in urban areas.
"Short-term expansion of India's building sector will be driven by a mixture of fiscal
support and government policies supporting the housing market, as well as heightened
activity within the logistics, retail and industrial buildings sectors," it said in a statement.
Long-term growth, on the other hand, will mainly be driven by country's massive
population, which requires continued investments into residential building construction
sector, the statement said.
Instances of stalled housing projects have been on the rise over the course of 2019,
due to a credit crunch sparked by a series of defaults by non-bank financial companies,
resulting in a decreased access to funding for both developers and homebuyers.
Read more at: https://economictimes.indiatimes.com/wealth/real-estate/indias-buildings-sector-to-expand-by-6-6-next-year-driven-by-fiscal-support-govt-policies-fitch/articleshow/73027375.cms
Have a nice day.