November 29, 2019

What would bolster the recovery of the Indian Realty Sector?

Rakesh Reddy, Director, Aparna Constructions, For PropTiger

In a recent interview with PropTiger, our director Mr. Rakesh Reddy, shared his thoughts on the recovery of the Real-Estate Sector, after its recent downfall. He specifically shed light on the following:

  • How the IL&FS crash led to the stalling of projects across cities.
  • Government’s attempt at recovery through funds.
  • The inefficiency of the current taxation structure for the realty estate sector.
  • Importance of tax regulation to make housing affordable for home buyers.
  • Why the reduction of the GST on under-construction projects is essential.
  • How streamlining the approval process will help with recovering, and many more.

Check out the complete interview with a detailed explanation of the factors that could help with the recovery process of this sector here: