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Real estate players seek more sops from govt to tide over Covid-19 crisis

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

Topics
Real estate sector in India | Coronavirus | Lockdown

Press Trust of India  |  Mumbai 

construction, realty, workers, jobs, employment, labour, real estate, concrete, cement, buildings, high rise, migrants
A few days ago, Union minister Piyush Goyal had categorically told the industry to lower the prices in order to take care of the inventory levels. Reports from the ground suggest the industry is yet to pay heed to the nudge.

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.

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First Published: Tue, July 14 2020. 22:17 IST