Mumbai: Maharashtra's real estate sector has come to a standstill due to the epidemic coronavirus. Nationalist Congress Party (NCP) Chief Sharad Pawar wrote a letter to PM Narendra Modi, expressing concern and sought help to improve the deteriorating situation in the real estate sector.
NCP chief Sharad Pawar has informed PM Modi about the state of plight of Maharashtra's real estate sector amid Corona crisis. He has written in the letter that due to shortage of laborers, sales and work ban, the real estate sector has been suffering a lot for the last 3 months. Sharad Pawar has requested PM Modi to request immediate intervention in the real estate sector. He wrote in his letter that, 'I urge him to personally look into the matter and initiate necessary measures for the revival of one of the most important sector of the economy (real state)'.
Meanwhile, the Confederation of Real Estate Developers Association of India (CREDAI) has also written an open letter to PM Modi in this context and appealed for support and immediate intervention of the real estate sector. Before this, Sharad Pawar wrote a letter to Prime Minister Narendra Modi about the assistance of farmers of Maharashtra.
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