Realtors in banking space

Reserve Bank of India and the Finance Ministry will soon arrive at a position on issues such as allowing brokerage firms and realtors into the banking space, said Anand Sinha, Deputy Governor, RBI.

Relaxed FSI norms soon?

The floor space index and land use norms in large cities has to be revised. Otherwise, low-cost housing for slum dwellers cities would not be possible, said Union Minister for Housing Ajay Maken. Existing polices favour HIG and MIG housing.

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