 "construction, realty, workers, jobs, employment, labour, real estate, concrete, cement, buildings, high rise, migrants")
Without heeding to the nudge from the government to cut prices to address the demand slump, real estate industry groupings on Tuesday sought more sops from the policymakers to help the battered sector.
Among other aspects, they are pushing to extend the definition of "affordable housing" to homes costing up to Rs 75 lakh as against a maximum of Rs 45 lakh right now, possibly with an eye on larger number of projects and buyers to enjoy already existingsops.
Despite interest rates being set by market forces, Credai-MCHI (Maharashtra Chamber of Housing Industry) wants a reduction in home loan rates to 5
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