Real Estate Regulatory Act

As per the research studies conducted, the number of new project launches in India went down by 43% year-on-year in 2017 and subsequently the sales volumes dropped by 17% across nine major cities in India.

The year 2018 has started with a big-bang decision by the government allowing 100 percent FDI in the construction development sector via the automatic routes. That means foreign funding channels won’t be required to take government’s…