Santosh Nema,
COO,
RAK Ceramics
The Finance Minister today has done a commendable job providing impetus to the sluggish real estate sector. In the budget, policy initiatives such as introduction of REIT, developing 100 smart cities and other measures towards affordable housing will improve health of the sector. We anticipate with all these necessary measures the real estate demand to increase by another 10 percent to 15 percent in the medium term and this will also give a boost to the other related industries.”
