The problem is so big in India that the country would need to construct 112, 000 toilets every day if it wants to meet its sanitation goal by 2012, according to the MinistryofRuralDevelopment.
Officials from the Ministryof Housing and Urban RuralDevelopment have said the government will support owners looking to upgrade as well as first-time buyers, raising the prospect they will get better access to mortgage loans.
The Ministryof Housing and Urban-Rural Development said it will continue with policies design to prevent over-investment from real estate investors next year.
Mortgage rates for housing provident fund loans of more than five years have fallen to 4.70% from 4.90%, the Ministryof Housing and Urban-Rural Development said Friday.