RBI’s nod for financing to help bolster self-redevelopment projects in Mumbai

The Reserve Bank of India’s decision to allow co-operative banks to grant finance to commercial real estate – residential housing segment within the existing aggregate housing finance limit of 5% of that total asset is expected to boost self-redevelopment of housing societies in cities especially in the country’s commercial capital Mumbai.

https://economictimes.indiatimes.com/industry/services/property-/-cstruction/rbis-nod-for-financing-to-help-bolster-self-redevelopment-projects-in-mumbai/articleshow/92102317.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Source – Economic Times