Housing project fund: Realtors welcome government’s decision

Real estate developers welcomed the government’s move to create a Rs 25,000-crore fund to help complete over 1,600 stalled housing projects, saying it will solve the long-pending problem of homebuyers. “It’s a very welcome change from the initial announcement (of 14 September). Now the only criteria for eligibility are networth positive projects,” real estate developers association CREDAI chairman Jaxay Shah said. Continue Reading