Developers worry with improper release of home loans
The realty funds released by the banking sectors in Mangalore city has been in news now!
Release of home loans are not stabilized in Mangalore, as the banks in city are comparing the realty market scenario with the other metro cities.
However, the real estate experts feel that the city lacks industries and investments in Information Technology (IT) sector. Around 65 per cent of unskilled workers are from realty sector.
When such is a situation, the banks should come forward to help realty sector by extending adequate funds.
Source: The Hindu
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