BrixResearch Moderator says: Haryana government recently announced flexible schemes for payment of licence fee for builders. It has extended the licence validity period from two to four years. This relief measure comes after private developers approached the state government for a bailout package. Many projects in Gurgaon, Faridabad, Sonipat and Rohtak had come to a standstill.
- Will this change spark some activity in the market?
- Is the government doing enough to help property builders tide over the present crisis?
Tell us in the ‘comment’ section.
February 10, 2009
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