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'Developers need finance to buy land for affordable housing projects'

IANS  |  New Delhi 

Government should facilitate to acquire land for projects by developers, Confederation of Developers' Association in (CREDAI) said on Wednesday.

Addressing the press at Conclave 2018 here, he said: "We are asking (for finance) only for projects for a real startup, not only of the but also in the allied industries."

He also said that single window clearance for projects is another major demand for the growth of the sector.

Ramesh Nair, CEO and Country Head, JLL said: "(Demand for) single window clearance is not to benefit the developers... It is to benefit the customer and to remove corruption from the "

The real estate developers' body also demanded "rationalisation" of GST rate and different land abatement rates for metropolitan and non-metro cities.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, March 14 2018. 22:16 IST