People were told about the Real Estate Stress Fund scheme in the 2020 budget plan. People who build homes that aren’t finished will get money from the government under this plan. People who have already paid for the home are still waiting to get it even though they’ve already paid. The money was also given to a builder in Greater Noida to start the scheme. Four more builders got money after this. Many builders in Noida have used “stress funds” to get money for their projects.
Noida. There is good news for more than 1300 families who want to build their own homes. Soon, the work on his 13 hundred flats in Greater Noida that hasn’t been done will start. The Stress Fund has received an instalment of Rs 39 crore from SBI Cap to finish the unfinished flat. It’s important to point out that SBI gives money to the same real estate project, which is more likely to be done. This is the second project in Greater Noida for which SBI Cap has given money to finish. In September 2021, SBI released the first part of the project.
A debt of Rs 135 crore is owed by the Greater Noida Authority, which runs the city,
Published on May 5, 2022
Published by wealth clinic
Viewed by 1 people
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India
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Delhi ncr
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Noida
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Sector-132,Noida
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wealth clinic
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