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RBI’s measures will provide major relief to developers: Experts

RBI’s measures will provide major relief to developers: Experts

The RBI announced several measures to facilitate bank credit flows In a major move to boost liquidity in the market, the RBI announced several additional measures to accelerate the economy and facilitate bank credit flows even as the Centre has extended the nationwide lockdown to stop the spread of coronavirus. Among the various measures announced, […]

Realtors hail move to allow construction with limited manpower, raw materials availability an issue

Realtors hail move to allow construction with limited manpower, raw materials availability an issue

CREDAI chairman Jaxay Shah that the realty sector remains the second largest employer after agriculture and halt in construction activities will have a long-term impact on the realty sector. The real estate industry on Wednesday said the government’s decision to allow construction on those projects where labourers are already available on sites will solve the […]

Realty sector welcomes coronavirus lockdown extension, seeks relief package to cushion liquidity crisis

Realty sector welcomes coronavirus lockdown extension, seeks relief package to cushion liquidity crisis

The real estate industry on Tuesday welcomed the decision to extend the lockdown period till May 3, but said the government should allow limited construction activities with proper safety and also provide a relief package to ease the liquidity crisis faced by builders. “We support the prime minister’s announcement on extension of the lockdown. We […]


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