APN News

Anshuman Magazine, CBRE on Implementation of Seventh Pay Commission Recommendations

Anshuman Magazine, Chairman & MD, CBRE South Asia Pvt. Ltd. says, “The Seventh Pay Commission announced by the Government today will not only benefit the estimated 10 million Central Government employees; but is also likely to provide an impetus to the residential and retail real estate markets in the country. With larger disposable income, we expect to see an increase uptick in consumption patterns. The increased cash flow could also help bring back interest in investing in the residential real estate market, especially in the affordable to mid-end housing segments.”

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