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Govt approves Rs 25,000 cr fund to complete stalled housing projects: Nirmala Sitharaman

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The government on Wednesday approved a Rs 25,000 crore fund to help complete over 1,600 stalled housing projects, including ones that have been declared NPAs or admitted for insolvency proceedings, as it looks to boost growth by steering consumption in real estate and associated sectors. The move is likely to help 4.59 lakh housing units across the country.

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