The National Housing Bank (NHB) has begun the search for
stalled housing projects that can turn viable with a fresh dose of financing.
The NHB will coordinate with builders / developers /
promoters assess project viability & facilitate bank funding after
restructuring accounts.
Lenders, in turn, have requested the government for a
favourable asset classification norm.
The central government may take up the issue with the RBI (Reserve Bank
of India) to encourage fresh lending to
the sector.
NHB is primarily looking at smaller towns like Bhopal,
Coimbatore (Tamil Nadu) & Meerut, which are known as business hubs.
No comments:
Post a Comment