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Real estate wants industry status

Comments(5) Sub Category:Real estate trends,Realty News Posted On: Apr 09, 2012

The real estate sector has the maximum growth potential and provides higher amount of employment after the agriculture sector.

Though in the union budget 2012-13, no such declaration was made, the builders and developers still hoping to get the industry status.

The developers have again raised the demand for granting the industry status, which will transform the status of the sector.

According to builders association, the industry status will help the sector in getting investments. The builders will also be able to get bank loans on average interest and at low collaterals.

More related stories:

Impact of budget on real estate

Source : Economic Times

5 Responses to “Real estate wants industry status”

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