Real estate projects are affected by assembly election
The assembly election in UP propagate the progress of real estate industry. According to a real estate expert, the ongoing election has made the builders to postpone the launch of their residential projects.
According to the expert the major financing source of different projects are from the politicians.
And due to the election expenditure most of the politicians withdraw their money resulting a financial crunch for the industry.
The Industry is expecting a turn around after the completion of election. As they are expecting the funds to being invested again in the real estate industry.
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Source Hindustan Times
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