A Government-backed Alternate Investment Fund (AIF) has sanctioned ₹ 12,079 crore to help complete 123 stuck housing projects. The AIF, set up extend last-mile funding, that will enable the completion of 81,308 houses. The Finance Minister Nirmala Sitharaman’s office tweeted on Thursday that "As of October 5, final approval for investments of ₹ 4,197 crore in 33 projects has … [Read more...]