25K Crore Realty Stress Fund For Mumbai
No Comments Sub Category:Cities,Delhi-NCR,Mumbai,Realty News,Residential Real Estate Posted On: Nov 08, 2019
Mumbai Metropolitan Region (MMR) is the 2nd largest city in terms of stuck housing projects with 92,000 housing units, while NCR (National Capital Region) has 1.76 lakh housing units stuck.
Experts assume that the maximum commitment through the government’s Rs 25,000-crore aid can be reached in this region. The city has the capacity to attract price realization and better demand pattern is expected to drive the recovery of many unfinished residential projects in the Mumbai Metropolitan Region (MMR), mostly located in central and western suburbs of the city, with the help of the stressed fund.
Tags:
Alternate Investment Fund, Housing, Mumbai, Mumbai Metropolitan Region, NCR, stress realty fund
