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    <title>Cash Crunch in the real-estate sector</title>
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    <description>RBI implemented liquidity measures for the building and real-estate sector, including repo rate reductions to permit lower lending rates and a Special Refinance Facility routed via the National Housing Bank to enable housing finance companies to obtain funds at reasonable interest; regulators also permitted special treatment for commercial real-estate restructurings up to a specified cutoff. Concurrently, the Government pursued enforcement measures against black money through search and seizure, surveys, return scrutiny, penalties and prosecutions.</description>
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