‘Infrastructure development needed to boost realty sector’
The Hindu
No relief provided in Budget for home buyers, says CREDAI official
Confederation of Real Estate Developers’ Association of India (CREDAI) State general secretary K. Subhash Chandra Bose on Tuesday said that infrastructure development was very much needed for the real estate sector as its growth would create a huge direct and indirect employment in urban areas.
Reacting to the Union Budget presentation by Finance Minister Nirmala Sitharaman, he said that allocation of ₹48,000 crore for the construction of 18 lakh houses would spur economic activity in the country.
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