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Govt working with RBI, reworking laws to help distressed home buyers: FM

She said many sovereign funds are interested in the real estate sector of the country and want to work with the government.

Union Finance Minister Nirmala Sitharaman and Sebi Chairman Ajay Tyagi ring the closing bell to conclude the silver jubilee celebrations of the NSE, in Mumbai on Tuesday 	Photo:PTI
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Union Finance Minister Nirmala Sitharaman and Sebi Chairman Ajay Tyagi ring the closing bell to conclude the silver jubilee celebrations of the NSE, in Mumbai on Tuesday | Photo:PTI

Nidhi Rai Mumbai
Union Finance Minister Nirmala Sitharaman on Tuesday said that the real estate sector needs the government’s attention and the Centre is working with the Reserve Bank of India (RBI) towards tweaking the existing laws to make them conducive for the sector. 

“The sluggishness in the sector needs to be addressed and we are glad to tell you that we have alternative funds approaching us,” Sitharaman told media persons during the silver subilee celebrations of the National Stock Exchange (NSE).

She said many sovereign funds are interested in the real estate sector of the country and want to work with the government. “There

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