Populist Budget: Real Estate sector gets much needed relief

India’s real estate sector has been under pressure in recent times. Big realtors getting bankrupt, project delays, cash crunch, NBFC liquidity crisis and finally the consumers pulling out of any major investments were many reasons which hampered the growth of real estate. The interim budget presented by the acting Finance Minister, Piyush Goyal earlier this week was entirely from a populist eye on the middle class and farmers.

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