The Finance Minister would have the power to extend the validity of the scheme by up to three months by taking into account its progress, it...
The finance minister in the Budget for the current fiscal had announced a Rs 20,000-crore facility through NHB. The Rs 30,000-crore liquidity facility for the housing...
“We hope to welcome the new year with the first disbursal of the Special window for stalled housing projects which will be operational in 2 months,”...
There would be a debt moratorium on DHFL as long as the insolvency process undergoes, a Reserve Bank of India (RBI) statement said. The RBI on Friday filed...
According to sources, the government is weighing the option of unburdening some of the major NBFCs of stress assets through a dedicated scheme. In a bid...
The Alternative Investment Fund (AIF) comprises of Rs 10,000 crore coming from the government and the remaining being provided by state insurer LIC and the country’s...
Although finance minister Nirmala Sitharaman’s announcement of Rs 25,000 crore fund for stalled projects brought relief to the real estate players and distressed home buyers, a...
India’s plan to set up a Rs 25,000-crore ($3.5 billion) fund to salvage stalled residential projects will only be sufficient to complete about 6 per cent...
The government has decided to create an category-II Alternative Investments Fund (AIF) of about Rs 25,000 crore to start with. In this, about Rs 10,000 crore...
“The government is very keen and is working very clearly together with the RBI to see how best we can, where necessary, tweak the existing norms to help...
