Navin M Raheja, Chairman, Real Estate Committee, Assocham and Chairman of Naredco congratulates and welcome BJP for a decisive mandate under the prime ministerial ship of Narender Modi. According to him, the country and especially the real estate sector is passing through a critical phase due to multiplicity of impractical and throttling regulations imposed by different government agencies working in contrary and different directions. He further adds, “We had been earnestly awaiting a strong leadership to bring back the lost hope and confidence of Indian industry especially real estate industry to give a fillip to the economy.”
Raheja, exclaims, ” The Real estate industry is the second largest employment generator as well as second largest contributor in the GDP of the country. Almost 200 industries are dependent on this sector. It has a potential to give employment to a large section of 55 crore youth population in the country. With Narender Modi as PM of this largest democracy in the world, we expect a golden era of growth and development that would bring prosperity to every citizen in the country. Given an enabling atmosphere to work, India would certainly emerge as a superpower. He has come as a sunrise to clear the darkness of uncertainties, negative sentiments, indecisiveness and over regulation that Indian economy was going through for quite some time.”
Further talking about the expectation from the new government, he says, ” We expect the Government to restart halted infrastructure projects and create IT enabled softwares and processes for on line clearance mechanisms free of hurdles and bottlenecks so that country can move fast to cover the lost ground of growth and development. We dedicate ourselves to create affordable housing stocks and slum redevelopment projects to give shelter to the masses making our cities more civilized, clean and proud.”
