Amitabh Kant committee was constituted in 2023 to examine stalled real estate projects and to recommend ways to complete the stalled projects.
Amitabh Kant Committee |
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Indian Banks Association (IBA) has said that 60% of the stalled projects had already been bought, with a capital commitment of Rs.1.9 lakh crore.
Real estate is a state subject under 7th schedule, hence it falls under the purview of respective state governments.
Quick facts
Real Estate Regulatory Authority Act ,2016 |
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