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External commercial borrowing norms

Impact of Budget 2012 on affordable housing

Impact of Budget 2012 on affordable housing
This year budget has brought great hopes for those builders who were indulged in developing affordable homes. As per the current external commercial borrowing (ECB) norms, interest rates will be charged less in case of loan taken from foreign financial institutions than domestic ones. Also loans have been made cheaper for affordable homes’ buyer by [...] Continue Reading »



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