Govt's Rs 25,000 cr realty push: Here's why most analysts remain cautious

The Union Cabinet has approved the setting up of an AIF to revive around 1,600 stalled housing projects across top cities in the country.

Despite the government’s move to set up Rs 25,000 crore alternate investment fund (AIF) for the real estate sector, most analysts remain cautious and suggest the benefits will take time to flow in for the beleaguered players. That apart, there could be still be execution challenges. In a post market-hours announcement, the Union Cabinet on Wednesday had approved the setting up of an AIF to revive around 1,600 stalled housing projects across top cities in the country. 

“The delay in the on-ground deployment of the stress fund gave rise to severe apprehensions about the main issues – that of stuck