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I want to assure homebuyers, says Nirmala Sitharaman on govt’s real estate push

Union finance minister Nirmala Sitharaman  during the Hindustan Times Leadership Summit, December 7, 2019.

Union finance minister Nirmala Sitharaman during the Hindustan Times Leadership Summit, December 7, 2019. (Raj K Raj/HT PHOTO)

Union finance minister on Saturday assured homebuyers whose houses are stuck in stalled projects that the government understands their problems and is pulling out all the stops to solve them.

“I want to assure homebuyers, who have been left in the lurch for a very long time, who have taken EMIs, borrowed from the banks, who are also paying rents. We understand your problems and you are getting the results for your long-pending demands,” she said at the 17th Hindustan Times leadership Summit.

“Even as we announced the last-mile connectivity money to be given by an alternative investment mechanism that we brought in, there were more than 150 projects which approached. They have all been vetted for what they are, for how much they would need, they have all been vetted to make sure that RERA compliance and everything else is in right place” she said.

[“source=hindustantimes”]