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Disappointed with government's measures to boost real estate: CREDAI

India's apex realtors group CREDAI said it is disappointed with the government's measures to support the sector, as it did not address the key demands such as tax rebate and lower interest rate for home buyers and developers. CREDAI's National Chairman Jaxay Shah said the Rs 20,000 crore special fund announced by the government for completing the stalled real estate projects will have limited impact as it excludes those projects which are either facing insolvency proceedings or become non-performing assets (NPAs).

Read More at The Economic Times News date : 16 Sep 2019, Monday

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