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Search Results  citibanker?s model |
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| Shobhana Subramanian: Jerry Rao's nano-housing dreams | 03-JUL-09 |
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| It’s wonderful that Jerry Rao is planning to build houses that cost Rs 700,000 or less. The former Citibanker’s model is simple enough: land is bought with the equity capital while construction is financed through bank loans at market-related rates currently anywhere between 11 and 13 per cent. The key to the success of the project is the time taken to complete it. |
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