Recent Government reforms like real estate law RERA, interest subsidy scheme for home buyers along with GST have helped improve housing demand in recent months, realty major DLF's Chairman KP Singh said. The Real Estate (Regulation and Development) Act (RERA) shall undoubtedly boost consumer confidence and pave the way for accelerated demand for housing products and facilitate flow of investments into the real estate sector, both from global and Indian investors, he told shareholders in the annual report for the 2017-18 fiscal year.
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