Oberoi Realty quarterly net surges 50%
Source: IRIS | 05 May, 2017, 10.02AM
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Rating: NAN / 5 stars. |
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Vikas Oberoi, Chairman & Managing Director, Oberoi Realty said, ''The last year has been very dynamic, with a lot of significant policy changes for the real estate sector as well as the domestic economy. Key initiatives like the passing of the Real Estate Regulatory Act, clarity in REIT legislation and the GST roll out will eventually boost market sentiments and buoy the economy. Moreover, growth-centric initiatives of the state government and its sustained focus on key infrastructure projects in Mumbai will not only improve the quality of life for every Mumbaikar but will also have a favorable impact on the long-term health of the real estate sector in the state. The implementation of RERA will boost sentiments, encourage customer confidence and create a level playing field for credible players in the realty market, leading to a win-win scenario for all.
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