G20 sherpa Amitabh Kant-led panel moots rehab package by states for stalled housing projects

In its several recommendations categorised under seven separate heads, the panel also recommended banks and financial institutions be permitted to finance fresh housing loans for new buyers purchasing unsold inventory in such stalled projects. This would ensure the flow of funds to stalled projects from the inventory of unsold flats.

from News-Economic Times https://ift.tt/nTwK1Hi