Page 4 - Realty Sector

Letter to BS: Rs 25,000 crore realty corpus is a game changing move

Corpus announced by the government can help in the recovery of economy

Moody's rating action and the Rs 28 trn revenue push

Penalising banks for past actions is not the best way to make the financial markets work better

Realty revival: IBC, Rera may need tweaking for booster shot to take effect

In September, Finance Minister Nirmala Sitharaman had announced the Special Window fund but projects in the NCLT or those dubbed NPAs had been kept out of its ambit

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.

Reviving housing

Investment will depend on how the AIF works

Market wrap, Nov 7: Bull run continues, Sensex ends at fresh closing peak

Equity markets witnessed yet another record-breaking session on Thursday as investor sentiment remained buoyed on Rs 25,000 crore booster dose for the realty sector

Homebuyers body cheers govt's realty push, demands fund transparency

The move is likely to help 4.59 lakh housing units across the country. Only RERA-registered projects with positive networth will be provided funds.

Rs 25K cr booster dose a welcome move but insufficient for NBFCs: Experts

The AIF will be a special window to provide priority debt financing for completion of projects in the affordable and middle-income categories.

Rs 25,000-cr boost for realty: Govt sets up fund to revive stalled projects

Targeted at affordable and middle-income housing units, the fund will address residential properties in Mumbai that are priced below Rs 2 crore

Rs 25k-cr booster dose will revive stalled realty projects, say analysts

The Mumbai Metropolitan Region and the NCR are two of the worst-hit property markets in the country, with 95,000 and 195,000 stuck projects, respectively

Realty check: Current rates, unit sizes in Rs 1-1.5 crore price range

If you are looking at buying real estate, an idea about prevailing rates would come in handy

SC rules property transfers done through Power of Attorney won't be valid

Going by the judgement, if the PoA holder resells the property to someone else, the transfer will actually be between the original owner and the new buyer

Govt working with RBI, reworking laws to help distressed home buyers: FM

She said many sovereign funds are interested in the real estate sector of the country and want to work with the government.

Southern cities feeling the heat of residential slowdown, says report

The western cities of Pune and MMR raced far ahead and clocked in 33% jump in sales

Despite economic slowdown, realty majors hope to cash in on festivities

Firms with strong brands and track records are launching a slew of projects this season

'Triple whammy': India's property slump exposes banks to fresh crisis

Slump in property market is leaving builders struggling to repay loans to shadow lenders - housing finance firms outside the regular banking sector that account for over half of loans to developers

Student housing, retirement homes, co-living will help realty grow: Parekh

"They are also getting into warehousing, including for food, data, commodities etc. Warehousing is a big business now," Parekh also added

Omaxe gets nod to raise Rs 500 cr, dividend for public shareholders

The company said the real estate sector is passing through challenging times

Govt steps fell short of expectations, didn't address key demands: CREDAI

CREDAI's National Chairman Jaxay Shah said the fund created for completing the stalled real estate projects will have limited impact

Realty sector welcomes stimulus for stalled projects, but says more needed

They rued that the government has not adequately addressed the issue of demand slowdown and lower sales