Need To Expedite Stress Fund Sanctioning
Realty firms are not able to access money from the government's Rs 25,000 crore stress fund to complete stalled housing projects, and all roadblocks should be removed for success of this scheme, said Anthony De Sa, Chairman, Madhya Pradesh-RERA. The regulators agreed that there is a need to give relief to the sector to tide over the crisis. The authorities assured that they would look into various demands, including extension of the timeline for completing projects.
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