To recover from COVID19's financial impact real estate developer association CREDAI is seeking,
- to put off the debt for next 3 months and recover the same over next 12 months.
- to re-fix interest rate on all real estate project at RBI repo rate
- to provide additional fund without additional collateral as buyers are unable to fulfil the commitment
- to use Rs 1lac crore fund under BOCW for health and pay loss benefits to construction worker
- to declare/treated COVID 19 India as 'force majeure'