Latest Answer: Currently, only four developers have applied for raising $100 million ECBs. NHB believes that more developers will follow ECB route after the extension of deadline. Private developers have enough time to mobilise resources which promises a better response this time.
Latest Answer: The supply of low cost housing units in India is presently very low, the ECB window will definitely help developers raise resources at cheaper rates, which would help them build more low-cost housing projects
