Tata Realty & Infrastructure Limited On Infuse liquidity into the sector

“The government’s decision to provide the much-needed last mile liquidity to the affordable and middle-class housing sector is a positive news for the industry. This funding for non-NPA and NCLT projects would not only arrest the rise of NPA’s but also reduce the NCLT & RERA complaints overall. This is will provide relief to the customers and help restore confidence in the housing sector. The housing sector requires of a funding of over 300, 000 cr and this decision is the first step to infuse liquidity in the sector. We are also hopeful, that over time, the Government will announce measures to spurt job creation and confidence thereby improving sentiments.” – Mr. Sanjay Dutt, MD & CEO, Tata Realty & Infrastructure Limited.