Finance Minister Goyal to meet bankers to discuss ways to boost realty

A meeting of bankers will take place on how to revive it. Reforms have happened already, like implementation of the Real Estate Act

Piyush Goyal, the officiating finance minister, will interact with bankers on Thursday regarding ways to boost the real estate sector.

A ministry source said, “The sector provides a lot of employment and is important. A meeting of bankers will take place on how to revive it. Reforms have happened already, like implementation of the Real Estate (Regulation and Development) Act.”

Others said banks, realty entities and the ministry will have to work together on this. “With a regularised market, the quality of lending will improve. The emphasis has shifted from pre-promotional launches to fully constructed ones. Bankers will find a larger opportunity