 "Real estate, Realty sector, Property prices")
On the argument that real estate development is the best driver for mass job creation in a short span of time, the government might finally give industry status to the sector in its Budget for 2018-19. This has been the real estate industry's long-standing demand.
“A midsize affordable housing project gives employment to at least 2,000 to 3,000 people, direct and indirect. Bigger projects require more people. This is a two-pronged plan. Not only we will help get more people affordable housing but also help millions get employment. We think this year the finance ministry would give its nod (for
