Budget wishlist: Real estate sector pitches for increased bank funding, reintroduction of ITC in GST

In its wishlist for the upcoming budget, the first one to be presented by the new government, the real estate sector has pitched for increased bank funding to developers for completing projects, re-introduction of input tax credit (ITC) in GST, rental housing and enhanced tax sops for homebuyers and investors. Enhanced funding for realtors As the sector tries to recover from the liquidity crunch,…