Budget Expectations - Real Estate
The long-pending and much-needed industry status for real estate are expected from this budget 2020,
[vc_row][vc_column][vc_column_text]Srinivasan Gopalan,
CEO,
Ozone Group. [/vc_column_text][vc_column_text]“The long-pending and much-needed industry status for real estate are expected from this budget 2020, which will make the land acquisition and fundraising process simpler. With stagnant sales across the sectors, speedy implementation of the Government-backed Alternative Investment Fund (AIF) will definitely revive stalled projects. Moreover, one-time re-structuring or rollover of the existing loans for all projects should be permitted as suggested to RBI by FM and PMO.”[/vc_column_text][/vc_column][/vc_row]
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