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Standardby Admin0 Comments

It has reiterated the demand for one-time restructuring of loans, additional institutional funding, waiver of penal interest, policy innovations for triggering demand including customer- centric tax treatment of real estate and control of cartelization of construction raw material. Read more at: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/realtors-body-credai-approaches-pm-modi-seeking-support-for-sectors-survival/articleshow/75970758.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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Standardby Admin0 Comments

Currently, the top seven cities account for almost 70 per cent of India’s residential market, with the remaining 30 per cent accounted for in tier-II and III cities. This ratio may well change in times to come, it said. Read more at: https://economictimes.indiatimes.com/industry/services/property-/-cstruction/reverse-migration-may-raise-housing-demand-in-tier-ii-iii-cities-report/articleshow/75941133.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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Standardby Vinit Deo0 Comments

No fresh insolvency to be initiated for one year under IBC: Finance Minister Minimum threshold to initiative insolvency proceeding has been raised to Rs 1 crore from Rs 1 lakh to benefit MSMEs, she said adding that an Ordinance will be promulgated to bring this change in IBC. Read more at: https://realty.economictimes.indiatimes.com/news/regulatory/no-fresh-insolvency-to-be-initiated-for-one-year-under-ibc-finance-minister/75787259  

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