National Real Estate Developers Council (NAEDCO) asked for lowering of interest rates on home loans to 8% and said it would help achieve housing for all by 2022.
In a ‘Delhi Declaration’ issued at the end of the two-day national convention, NAREDCO welcomed the government’s commitment to clear various bottlenecks in implementing the policy and adopt a PPP model to develop mass, affordable housing. “The developer community will be more than happy to be a valuable stake holder,” it said.
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