Band-aid solution

This is the way real estate operates worldwide

“Steady on” (October 18) is a timely warning to the government to desist from subsuming all real estate taxes in the goods and services tax (GST) regime. It would again be a band aid solution. The real estate requires robust all-encompassing reforms. Let us not forget that it is one of the biggest employers in the private sector, and that the biggest stake holders is the unorganised labour force and customers who have virtually no rights to speak of.

The first reform should be in the field of abolishing the booking system and only allowing sales of flats after completion and