Need realty regulator for fair play in mkt: Tata Housing

On his Budget wish-list for the real estate sector, MD of Tata Housing, Brotin Banerjee said the government needed to hike the income tax exemption on home loans. "The second is reduction in stamp duty and other registration fees, which should be looked at across affordable housing to low-cost housing," he said. "The third is; give reassurance to the market to look at a kind of real estate regulator that needs to come into the market to ensure fair play and transparency."