When the global financial crisis gripped almost the entire world economy, India’s property market also got hugely impacted. Now, practices and policy reforms are being followed to put it back on track. The Modi government for the last few years has been doing its best to give a boost to the sagging realty market.
“It is critical to accept that the various must-have reformatory changes that have contributed to the slowdown were necessary to transform a sector synonymous with unethical practices. However, while this regulation-led clean-up was indeed required, these unfamiliar reforms created turbulence from which the Indian housing market has yet to recover,”
Founder and CEO, Square Yards said.
Published By: Financialexpress.com
Date: 26 Sep, 2019