Cut in interest rate for both developers and home buyers is the first and strongest demand

Indian Bailout Package - Demands:

1) Cut in interest rate for both developers and home buyers
2) Infusion of liquidity - more credit for the realty
3) Re-schedule loans by at least one year
4) Restore 80 I B of the Income Tax Act
5) Reduce the risk weightage of real estate from 150 to 100
6)Force reluctant banks to lend to real estate sector!
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