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Real estate players rejoice as Delhi govt cuts circle rates by 20%

Real estate developers and industry stakeholders welcomed the Aam Aadmi Party-led government's move.

Topics
Real Estate  | Delhi government | Real estate developers

Arnab Dutta  |  New Delhi 

The deal is structured in such a way that Apollo will come in as senior lender in certain developer loans Piramal will give
Apart from the primary market, the move has a far fetching impact for the secondary market, said experts

The on Friday cut circle rates by 20 per cent, a move that will bring down the exorbitant property prices in the capital city.

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First Published: Fri, February 05 2021. 22:30 IST
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