The fund won’t solve problem of delayed or stalled projects & affected home seekers as majority are under litigation or are NPAs which fund won’t support.
A delay in lending to residential projects is adding to the mounting default risk, with as many as 5.60 lakh homes worth Rs 4.5 lakh crore stuck in top cities.
Property agents have seen an up-tick in apartments being bought by wealthy families for their children ever since property cooling measures came into effect.
The Supreme Court appointed a court receiver in whom the rights of all Amrapali properties will be vested, and directed NBCC to complete pending projects.
Ventures by Japan, South Korea and Taiwan illustrate how the race for REE security is accelerating, powered by both geopolitical tension and industrial strategy.
ThePrint had previously reported that India & Russia are talking about 5 more regiments of the S-400, but no contracts are to be signed during the Russian president's visit.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
Praiseworthy. If the programme succeeds, it could be enlarged, for there is an immense inventory of stalled projects. An employment intensive industry, which creates demand for steel, cement and other products. The state level RERA authorities could play a supporting role as well.
This is a commendable move by the Govt
Only question to our FM and PM, why across the board home loan rates not reduced to benefit all, why only for few the benefits are given?
Praiseworthy. If the programme succeeds, it could be enlarged, for there is an immense inventory of stalled projects. An employment intensive industry, which creates demand for steel, cement and other products. The state level RERA authorities could play a supporting role as well.