Will the government's rescue plan get you closer to your dream home
New Delhi, Nov. 16 -- In what seems to be a course correction, more than a month after announcing an unpopular real estate relief package, the government has come up with a funding plan that may give respite to lakhs of homebuyers stuck in stalled projects. The government's proposed alternative investment fund (AIF), worth 25,000 crore, is expected to provide last-mile funding to stalled projects across the country. According to the government, there are about 1,600 stalled housing projects, consisting of about 458,000 units, across the country....
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