A major setback for the developers is that the end-users search for finished inventory as they don't want their investment to get stuck, resulting in the slow velocity of sales.

Financial Services Secretary Rajiv Kumar said that the PFRDA is also thinking of buckets of investments in which higher returns can be generated.

Kant said India is giving a big push to urbanisation with more than 100 smart cities being developed and is also using technology in a big way to change the way business and governance is done.

The regulatory reforms like RERA and GST taken in the last couple of years have restored the confidence in the Indian real estate market, particularly among the NRIs

Calling for less politicisation of the public sector, Rajan says the \"banking reforms were hijacked by bureaucracy\", and that they are now a \"missed opportunity\".