The scheme known as ‘Residential Builder Finance with Buyer guarantee scheme’ can be availed for projects where the maximum price of the house is up to 2.5 crores. The lender has introduced this scheme which guarantees completion of the projects funded by the bank to customers availing SBI home loans. This is a huge step towards reaffirming positive sentiment around homebuying amid a liquidity crisis in the real estate industry which has led to several under-construction housing projects being stuck.

A cohesive approach on the interrelation between monetary policy changes and how they influence the Indian homebuyer.