"There is no such proposal under consideration of the government to take over the delayed residential projects and complete the same for home buyers," Union Minister Rao Inderjit Singh said during Question Hour.
He was replying to a question on behalf of Housing and Urban Affairs Minister Narendra Singh Tomar whether the government proposes to take over hundreds of residential projects of builders which have been delayed.
Singh said his ministry does not maintain details of projects launched by private builders in urban areas and delay their execution.
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