 "real estate")
Real estate players welcomed the moves announced by Finance Minister Nirmala Sitharaman on Saturday to boost the sector reeling from several setbacks but said these would help only in the short term and more was needed to encourage homebuyers.
Sitharaman said a fund with Rs 10,000 crore would be set up to revive stalled and delayed projects. Private and public investors such as Life Insurance Corporation of India, banks, sovereign funds, and development finance institutions would also contribute an equal amount to the fund that would be managed by professionals from the housing and banking sectors.
This would help finish
