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Financial closure and land acquisition in roads are major deterrents
NHAI has slowed down HAM bidding and is focussing on EPC bids.
Around 45 per cent HAM projects are yet to complete financial closure.
The GST Council’s decision to reduce the GST rates for under-construction residential housing projects will lead to marginal traction in demand and bring in more transparency for home buyers, according to India Ratings and Research (Ind-Ra).
India Ratings and Research (Ind-Ra) has maintained a stable outlook on the cement sector for FY2020.
India Ratings and Research (Ind-Ra) has maintained an overall negative outlook on the real estate sector for FY2020.
India Ratings and Research (Ind-Ra) has maintained a stable outlook for the construction sector for FY2020..
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