With residential sales hitting the trough and prices stagnant, the realty market can look forward to better times
RERA has increased transparency but it lacks in leveraging technology and a large inventory of real estate projects remains outside its purview
Affordable housing is picking up pace, thanks to proactive policies and savvy investors/developers. But sustaining the momentum is a tall order.
RERA implementation should be taken up swiftly across all states as slow execution defeats its broad purpose of helping homebuyers.