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Homebuyers can approach banks for loan revival; Rs 25,000-cr fund not for projects in higher courts: Govt


The finance ministry also said the maximum funding will be Rs 400 crore for any single project that will be seeking assistance from the 'special window' or the alternative investment fund (AIF) for completion of the 1,508 projects comprising about 4.58 lakh units.

The Union Cabinet had on Wednesday approved the establishment of a ‘special window’ fund to provide priority debt financing for the completion of stalled housing projects. (Reuters)

A day after announcing a Rs 25,000-crore stress fund for stalled housing projects, the government on Thursday advised homebuyers to approach lenders for additional borrowing or revival ...


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