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The Hindu
The Hindu
National
K Srinivasa Rao

UNCOVERED: Infrastructure development needed to boost realty sector - The Untold Story

CREDAI
Allocation for the construction of 18 lakh houses will spur economic activity, says CREDAI State general secretary K. Subhash Chandra Bose. (Source: The Hindu)

Confederation of Real Estate Developers’ Association of India (CREDAI) State general secretary K. Subhash Chandra Bose on Tuesday said that infrastructure development was very much needed for the real estate sector as its growth would create a huge direct and indirect employment in urban areas.

Reacting to the Union Budget presentation by Finance Minister Nirmala Sitharaman, he said that allocation of ₹48,000 crore for the construction of 18 lakh houses would spur economic activity in the country.

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