The National Housing Bank (NHB) has tightened norms for refinancing home loans, stipulating that refinance will only be provided for properties where less than half of the construction is complete at the time of the first disbursement.
Gautam Singhania on luxury real estate: ‘If Raymond can make ₹16 lakh jackets, why not ₹100 crore apartments someday?’
Gautam Singhania, chairman of Raymond Group, said the company will focus on the ‘belly of the market’, ‘affordable luxury segment’ with primary focus on Mumbai