GST reforms a must to help real estate sector sustain growth momentum

Real estate can be considered as a barometer of the ‘real’ health of an economy. The growth in real estate not only creates direct and indirect employment but also aids growth in various ancillary industries. As per IBEF, the sector’s contribution is expected to reach 13 percent of the Indian GDP by 2025. The coronavirus outbreak has brought in new challenges for the sector, which was al…