Nishant Deshmukh, Founder & Managing Director, Sugee Group

 

 

“Maintaining an accommodative stance will infuse liquidity in the economy while keeping inflation within its target. The interest rates will continue to be at a record low; however, the banks should pass on the benefits to the homebuyers, which will boost real estate demand. There has been a slowdown in the real estate market due to COVID -19 pandemic, and we expect the sector to bounce back soon. We urge the Government to reconsider its decision on the stamp duty waiver in the interest of the homebuyers and encourage them to invest in real estate. Also, the industry status for the real estate sector has been long-standing demand, and we anticipate the concern to be addressed soon. We feel that the Government should keep a continuous check on the reforms that will give a fillip to the real estate sector and indirectly help revive the economy.’’