To Get Central Bailout Package, Noida Projects Need UP Support
No Comments Sub Category:Delhi-NCR,Realty News,Residential Real Estate Posted On: Nov 08, 2019
The center’s Rs 25,000 crore relief package is as of now out of reach for most critical housing projects in Noida. A real estate market that badly needs a relief package from the govt because most of the projects do not meet the eligibility clause. The central fund can only be utilized to complete projects that are cash-stressed, not to pay past dues. Apart from that, projects have to be financially viable. Most of the residential housing projects in Noida are away from practical under the current structure of interest and penalties.
Tags:
Bailout package, GNIDA, Noida, Noida Authority, Noida projects, stressed realty projects in Noida, Uttar Pradesh
