The biggest concern of the real estate sector throughout the year 2015 – Mr. Ankush Jindal

Bengaluru, December 26, 2015: MR. Ankur Jindal, Coo, SVP Group, Says “The biggest concern of the real estate sector throughout the year 2015 remained centered around how to attract the potential buyers to the market, though the year has witnessed lots of positive steps like the approval of regulatory bill by the cabinet, successive reductions in repo rate and the arrival of FDI. Now we are expecting that the real estate sector will surely bounce back in the year 2016 as all these policy measures have already created a positive environment for the growth. Going forward we are sure that the government will take similar measures in the coming year as well and soon the regulatory mechanism will be a reality and the policy paralysis situation will come to an end. The investment and development in real estate sector is just waiting for growth triggers in the form of single window clearance and considerable reduction in Income Tax for the home buyers which we expect the coming year will definitely provide.”

Corporate Comm India(CCI Newswire)