RBI’s 80:20 Bar Hits Realty Funding
  • Ekta Tibrewal
  • Sep 04 2013

September 4: On Tuesday evening, the Reserve Bank of India clamped down on the practice of home loan disbursements before a real estate project had been completed. The decision to get banks to stop the 80-20 scheme hits real estate players hard on many fronts. In this segment, we review the RBI’s decision and evaluate the impact on real estate players.