GD Topic 2: How to revive the real estate sector?

[Abhirup]

The real-estate sector is undergoing tremendous correction in prices. There are lots of unsold properties throughout the country. In such a scenario, what are the steps that the government can take in order to boost the sector ?

[Dr.Arpita]

1. Tax Breaks are definitely needed

2. There should be price ceiling

3. The RERA guidelines should be implemented in a more strict manner to ensure artificial price rise.

[Rashmi]

I personally feel RERA should be scrapped. This is the main reason why real estate is suffering. Another reason which has played a part is demonetization.

[Author]

Posts