The report on real estate presented by McKinsey & Co suggests that our sector is capable of contributing 1.5% to the GDP. But this will only be possible if the government of India puts in place effective policies for the growth of the real estate sector. We all know the bottlenecks that keep throttling the growth of our sector. Apart from the urgent need to have effective policies and legislation to enable us to procure land for development and expeditious clearances of development projects. One of the major hurdles is the availability of finance.