Spokesperson: Piyush Gupta, Managing Director, Capital Markets & Investment Services, Colliers India
Quote: “The big-ticket Reforms in Indian Business started with Demonetisation in 2016 followed by RERA, single tax regime of GST and Real Estate sector has witnessed the significant impact of these reforms. Overall past five years, there is a significant improvement in Corporate Governance and Transparency in Real Estate and the confidence of Investors and end buyers to acquire Real Estate has got better. The Real Estate Sector as a whole has moved up the curve on organisation and administration since reforms started, it helped navigate the crisis such as NBFC and then Covid”.
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