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Govt to infuse Rs 25,000 crore to revive stalled housing projects

Thursday, November 7, 2019, 8:32 AM

The Centre has announced a Rs 25,000-crore stimulus package for the ailing real estate sector. Finance Minister Nirmala Sitharaman announced that the government plans to give impetus to the housing market to revive over 1600 stalled housing projects covering 4.58 lakh units. Apart from Rs 25,000-crores from Centre, SBI and LIC, the sovereign and pension funds have also agreed to invest in the market.

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