In its several recommendations categorised under seven separate heads, the panel also recommended banks and financial institutions be permitted to finance fresh housing loans for new buyers purchasing unsold inventory in such stalled projects. This would ensure the flow of funds to stalled projects from the inventory of unsold flats.
Insurance is an important part of the solution of restarting stalled projects libyaherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from libyaherald.com Daily Mail and Mail on Sunday newspapers.
Among the issue raised by the homebuyers at the conference was the long-pertaining confusion regarding the registration of associations in the state and the last-mile mobility issues in the city.