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EMIs On Delayed Projects: Are Home Buyers Getting A Raw Deal?

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  • Published On: February 12, 2022
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Delhi high court has come to the rescue of hundreds of home buyers by putting an interim stay on banks and housing finance companies from taking any strict action to recover EMIs for delayed projects. Is this a short time relief or will this decision hold up in higher courts? Why are banks not going after builders to recover the loan amount?
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