[INDIAN REAL ESTATE NEWS] Good morning, everyone. I’m Kim suhyeon staff of Kamagroup Pvt. Ltd.
Here I have an important Indian real estate news to share with you which is as undermentioned.|
NEW DELHI: Home buyers and real estate developers are facing a fund crisis, despite RBI’s recent measures to increase bank credit to non-banking finance companies (NBFCs) and housing finance companies (HFCs).
The problem is so acute that in several cases, sanctioned home loans are not being disbursed and funds committed earlier under construction-linked home loanschemes are not being released by several players.
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Have a nice day.