Budget wishlist: Tenancy law implementation, return of input credit key demands of realty sector

The growth outlook of the Indian real estate sector looks good after a once-in-a-century pandemic. Residential real estate sales in India have breached 2021 levels, witnessing a 50 per cent YoY growth. But, going ahead, rising input costs and the cost of borrowing can have an adverse effect. Harsh V Bansal, Director of Unity Group and Convenor of CII Delhi sub-committee on Real Estate shares, the key pain points of the real estate sector and his Budget wishlist.

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