Lockdown: Government to soon issue guidelines for real estate sector

NEW DELHI: The government will soon issue guidelines and regulatory measures to help the real estate sector in dealing with the crisis triggered by the Covid-19

outbreak, Housing and Urban affairs secretary Durga Shanker Mishra said on Wednesday.

With construction work on projects suspended because of the nationwide lockdown, he asked builders to help the labourers working on their sites.

in a series of tweets, the secretary said he held discussions with 2,600 leading real estate developers through a video conference. These developers are part of realtors’ body Naredco.