RAEL ESTATE FUNDING
Rise in gold prices will aid recovery in rural areas: Pankaj Tibrewal, Kotak Mutual Fund
"Since Oct we are seeing the breadth being better and month to date the smallcap index is up 5%."
Housing sales across 9 major cities drops 30% in Q3
Compared to 91,464 units sold during the quarter last year, only 64,034 homes were sold a...
Nirmala Sitharaman's real estate fund: Everything a home buyer should know
According to FinMin's FAQs, the focus of the Special Window is on ...
SBI to contribute up to 10% of the real estate fund announced by FM: Dinesh Kumar Khara
SBI will have clear arm’s length distance when this fund is managed by SBICAP Ventures.
Harry-Meghan don't want to rely on public funds; Queen supports couple's decision after 'constructive talks'
The royal family agrees to 'period of transition' for Prince Harry and Meghan.
IBC may have to be tweaked: SBI, government plan priority status for real estate AIF
India’s largest lender SBI and its arm SBI Capital Markets, which is playing a key role in setting up the fund, have started reaching out to other banks and financial institutions to participate in the AIF — a regulatory parlance for privately pooled vehicles such as venture capital, private equity, and real estate funds. A bank can invest up to 10% of the corpus of an AIF.
NBFCs set to face asset quality woes
However, a majority in the once buzzing NBFC sector will continue to reel under liquidity concerns with the economic slowdown putting elevated pressure on asset quality.
Have a house in a stalled project? Here's all you need to know about Nirmala Sitharaman's realty fund
Last week, FM Nirmala Sitharaman had a bunch of relief-laden announcements to make for the stressed real estate sector. The cabinet approved...
Kotak’s realty fund eyes distressed projects
After generating up to 23% returns on previous bets, the fund is looking to invest in 4-5 stuck projects that can be revived and completed soon.
Home buyers can approach banks for loan revival; Rs 25,000-cr fund not for projects in higher courts: Govt
The FAQs said funding will be provided to the RERA-registered affordable and middle-income housing projects that are stalled for lack of adequate funds, but their net worth should be positive (including NPAs and projects undergoing NCLT proceedings).
Budget can be pro-growth and still stick to fiscal discipline, & how!
The Budget should focus on reviving private investment, which has been lying low.
Midcap-focused PMS makes a killing, delivers 29% amid broader market rout
The PMS carefully picked shares of asset-light companies that had reinvestment moats.
SBI to refund home loan borrowers if builder delays project
The scheme can be availed for projects where the maximum home price is upto Rs 2.5 crores.
Stocks of real estate companies and NBFCs rise
The Nifty Realty index is the second best performing sector index on the NSE this year with a gain of 19 per cent.
UP RERA likely to bail out 48 pending housing projects
The state government will provide funds from special Rs 25,000 crore corpus created by the finance ministry to bail out the real estate sector. According to officials, it will screen recommendations before releasing funds to developers.
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