While India has improved significantly on the overall ease of doing business rankings, there is still scope of improvement in the processes linked to the real estate sector, particularly the residential asset class. RERA and GST has created a robust policy and regulatory framework, but certain initiatives and support are still needed to help the sector emerge stronger.
This report, published jointly by CII and Cushman & Wakefield, provides insights on the progress of the real estate sector, how the sector is playing a catalytic role in nation building and designing path breaking projects and structures which are worth emulating by others across the globe. It also highlights the challenges and possible policy interventions that are relevant to all industry stakeholders, to enable the sector to realise its true potential as an economic engine and enabler for change.
The Report was unveiled at the IETF 2019 held from 3 - 5 January 2019 in New Delhi.