Realtors' body NAREDCO has sought from the government one-time restructuring of loans and last-mile funding for stalled projects to save the realty sector from the liquidity crisis triggered by the pandemic.A delegation led by NAREDCO-Uttar Pradesh Chairman R K Arora met Finance Minster Nirmala Sitharaman in this regard on Thursday.It also demanded extending suspension of some provisions of insolvency law by one more year. NAREDCO submitted a memorandum containing various expectations of real es

We expect the real estate market to touch USD 1 trillion by 2030," the housing secretary said." It is not mere talk and guess work.... Our predictions for the future is that around 7 crore people will be employed in this industry." That apart, Mishra said the real estate sector creates demand for about 270 other industries, including cement and steel." Therefore, real estate is an important sector of the economy.... Consumers now have confidence that their investments are safe," Mishra said. S