ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received ...
Read More »Home-loan curbs to deepen crisis for Indian developers
Bloomberg The liquidity crunch facing property firms and their lenders in India may deepen after the National Housing Bank restricted certain mortgage-payment plans that developers typically use to push sales. The nation’s housing regulator advised home financiers to cease offering advances for so-called subvention plans. Such plans are staggered or back-end payment contracts where the builder pays the interest on ...
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