Modi govt’s Rs 25,000 crore fund can only help 6% of stalled real estate projects

The inclusion of projects that had been written off as bad loans will benefit several incomplete housing projects in areas like Noida near New Delhi, according to Niranjan Hiranandani, president of the National Real Estate Development Council. Across Indian metropolitan regions, homeowners had been banding together to complete unfinished apartments and free up their money that had been stuck in these developments.

Source Link : https://theprint.in


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