CREDAI seeks relief for real estate development sector
The Hindu
The Confederation of Real Estate Developers Association of India (CREDAI) has urged the Union and State governments to provide immediate relief for the real estate development sector which is sufferin
The Confederation of Real Estate Developers Association of India (CREDAI) has urged the Union and State governments to provide immediate relief for the real estate development sector which is suffering from several problems due to the prolonged lockdown. Members of CREDAI Belagavi demanded immediate consideration of policy measures to provide relief to the crucially important real estate sector. The real estate sector seeks immediate relief for its survival which is not just desirable but rather crucial given its share of the economy. The prime reason is the sudden increase in price of inputs such as steel and cement. The real estate industry is an important pillar of the economy. It consumes vital inputs such as cement, steel and bricks. Developers provide employment to millions directly and indirectly. The sector is working toward fulfilling the Prime Minister’s goal of providing the citizens affordable housing.More Related News
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