Views of CREDAI’s spokesperson on the basis of announcement made by Finance Minister Nirmala Sitharaman today

New Delhi, May 14, 2020: The Declaration of Covid 19 as Force Majure, extension of time lines for completion of  project under the RERA, are crucial announcements for the developer community. We are hopeful that the Finance Minister  will soon announce other necessary measures by infusion of liquidity, de – cartelization of cement prices,  restoration of supply chain to ease  construction on the project sites  and help uplift the demand by   giving more sops to homebuyers by increasing the tax deduction  limits for interest on home loans, thus help the sector regain momentum which remains the second largest employer.

Corporate Comm India (CCI Newswire)