The real estate sector is facing the worst liquidity crisis in recent history. Confidence and sentiments are also extremely low for the next six months. A National Real Estate Development Council (NAREDCO) Knight Frank report said that the outlook has become more pessimistic than before.
CNBC-TV18 spoke with Niranjan Hiranandani, co-founder and MD of Hiranandani Group; Sanjay Dutt, MD and CEO of Tata Housing and Khushru Jijina, managing director of Piramal Capital and Housing Finance to find ideas to resolve the liquidity crisis in the sector.