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Finance Minister’s Major Announcements for Real Estate

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Finance Minister’s Major Announcements For Real Estate

The Finance Minister of India has declared a slew of measures to boost the housing sector and encourage fund flow into the real estate sector

The Finance Minister of India, Nirmala Sitharaman, today addressed the third press conference. Amidst the economic slowdown, the residential real estate segment has received a major boost. Some of the measures include last-mile funding for housing projects which are non-NPA and non-NCLT, relaxation of ECB guidelines for affordable housing, additional liquidity support to HFCs among others. 

With the government tremendously focussed on introducing and implementing various measures, the real estate of India is soon expected to be on the path of revival by attracting fresh investments and assured returns on investment. 

Also Read : Signature Global To Invest Rs 200 Cr On Affordable Housing

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