Tag: Real Estate Sector

As per reports, Patnaik, the CEO of Maa Santoshi Real-estate, swindled more than Rs 2 crore from the home buyers by promising them to provide flats. 

As per the Department of Promotion of Industry and Internal Trade Policy (DPIIT), the real estate sector is also the third largest sector in terms of FDI flow, it is second largest employment generator, and third largest sector to induce economic growth

Mumbai: In order to promote the housing sector, Reserve Bank of India on Friday decided to rationalise risk weightage on housing loans, making the product attractive for both borrower and lenders. With revision in the risk weightage, the requirement of capital provision for banks will come down. This will encourage banks to push housing loan […]