Realty sector hoping for a positive future
Developers are expecting a positive future for the real estate sector this year with the government’s plan to give the sector favourable policies and industry status.
The real estate sector has eagerly been waiting for the industry status. However, there is an increased demand for the industry status because of the growing demand with limited funds, less transparency and hiked property prices.
In 2012 end, in favour of the real estate industry, the government has instigated certain policies and this year many such policies will be implemented in the real estate sector. Many real estate experts believe that this year will bring many changes that will help real estate industry to bring back to life.
Presently, the Indian real estate industry is going through a complete change. All the participants have made serious efforts to bring transparency in 2012 which will help both the stakeholders and industry players.
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