RBI Bans 80:20 Schemes: Correction On The Cards?
Ashutosh Limaye, Head – Research & REIS, Jones Lang LaSalle India Recently, the RBI announced a measure that created ripples on the residential real estate market – the monetary authority sent out a warning to banks not to lend money to builders under the 80:20 or 75:25 schemes. The timing could not have been worse, …