LPNEWS
Positive reforms in affordable housing impact prospects of the real estate sector. : Government initiatives like the Pradhan Mantri Awas Yojana and the Housing For All agenda have boosted the affordable housing segment with real estate attracting 25 per cent of the total private equity investments, says a report by the assurance, tax and advisory firm Grant Thornton. The report notes that private equity investments saw 50 percent decline in value terms in May at USD 1,180 million amid fall in big-ticket deals and cautious investor approach.

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