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	<title>Property News India and Featured Real Estate Stories &#187; Loan amount</title>
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		<title>BBMP in debt crisis</title>
		<link>https://groups.commonfloor.com/news/bbmp-in-debt-crisis-10034</link>
		<comments>https://groups.commonfloor.com/news/bbmp-in-debt-crisis-10034#comments</comments>
		<pubDate>Fri, 02 Dec 2011 08:58:29 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Bangalore]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[BBMP]]></category>
		<category><![CDATA[BBMP employees]]></category>
		<category><![CDATA[Bruhat Bangalore Mahanagara Palike (BBMP)]]></category>
		<category><![CDATA[Corporators]]></category>
		<category><![CDATA[Council meeting]]></category>
		<category><![CDATA[Debt crisis]]></category>
		<category><![CDATA[Loan amount]]></category>
		<category><![CDATA[Mortgaging properties]]></category>
		<category><![CDATA[Poor fiscal discipline]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=10034</guid>
		<description><![CDATA[Bruhat Bangalore Mahanagara Palike (BBMP) has failed badly to pay heavy loan amount and has ended up mortgaging its properties to banks. This furious situation has led BBMP jumping from one debt crisis to another. It is a shocking news that BBMP has not paid salaries to its employees due to this crisis. Plans are [...]]]></description>
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