Realty sector is facing a huge slowdown for last 3-4 years, leading to a significant delays in possession of flats to customers.
A decline in the real estate sector, rising debt and the company's alleged involvement in 2G scam caused damage to the business and its image.
The trust deficit has widened with buyers losing confidence in a developer's ability to construct and deliver a project on time.
'The BJP has no presence where the regional parties are strong.' 'And we should think of the Congress and support the Congress in those places where it is the dominant regional party.' 'The leaders of the other parties (have to) get together on this simple principle of one candidate against the BJP candidate.'
'I say Modi was India's last chance.' 'Because the kind of work this government has done -- I'm talking about physical delivery -- is fantastic, like no time in our history.'
'There are a lot of positive things these reforms are bringing about and it is only a matter of some quarters before the growth rate picks up momentum.' 'Until then we need to be a little bit patient.'
The bill would prohibit unaccounted money from being pumped into the sector and as now 70 per cent of the money has to be deposited in bank accounts through cheques.
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