The ‘Residential Builder Finance with Buyer guarantee scheme’ can be availed for projects where the maximum home price is upto Rs 2.5 crores. Developers fulfilling due diligence by the bank can also avail a loan between Rs 50 crores to Rs 400 crores under the scheme. Efforts have been on multiple levels to revive the struggling real estate sector.
from Personal Finance News-Wealth-Economic Times https://ift.tt/2Fva7bd
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