Noida realty business hit by policy uncertainty, liquidity crisis
Noida realty market has been stagnant for the last six months and no improvement is expected till the parliamentary elections are over. Anil Kumar Sharma, president, CREDAI, NCR chapter points out that investors tend to postpone their investments till the political uncertainty is over. CREDAI president of NCR chapter, Ajay Aggarwal, MD, Microtech Infrastructure has similar concerns.
Uncertain policy direction together with liquidity crisis due to liquidity tightening measures by the Reserve Bank of India have forced the investors to go on back foot. Post-poll scenario will bring in the clarity on direction of policies and the situation is likely to get better.
impact of liquidity crisis in the economy, liquidity crisis hit Noida real estate business, liquidity crisis hit Noida realty business, liquidity crisis in the economy, parliamentary elections leading to policy uncertainty, Policy uncertainty, Policy uncertainty hits noida realty business, real estate business hit by policy, real estate business hit in noida
