Housing Scam in India
RTO Mumbai lodged 43 police complaints against persons using Fake licences to get homes under Slum Rehabilitation Authority (SRA) scheme RTO lodged 43 police complaints against persons who used fake driving licences to get homes under the Slum Rehabilitation Authority (SRA) scheme. The applicants had submitted bogus driving licences to SRA authorities. 15 FIRs were [...] Continue Reading »
Bankers would now exercise greater caution before sanctioning loans for project finance. Several bankers and housing finance executives said the guidelines would become more stringent across-the-board, particularly for project financing. Stung by Housing Loan Scam, banks and housing finance companies will seek additional security and add completion guarantee clauses into agreements before sanctioning loans to [...] Continue Reading »
