Finance blog

Alternate investment funds are eyeing stalled real estate projects to invest

Asset management companies through their alternate investment funds (AIF) foreseeing opportunity amidst disruption in real estate caused by coronavirus pandemic. The alternate investment funds are chasing for net worth positive stalled residential projects that require last-mile funding. Asset management companies and developers are not ready to put all the eggs in one basket. Discreetly, they […]

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KV Kamath committee’s recommendations to resurrect stressed real estate sector

The KV Kamath committee prepared a resolution framework for sectors hit by coronavirus pandemic. The Reserve Bank of India accepted the committee’s resolution frameworks recommendations that are expected to provide relief to stressed real estate developers and individual home loan borrowers. The real estate sector already reeling under the pressure of subduing demand, severe liquidity […]

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Supreme Court directed SBICap to release Rs.625 crore from SWAMIH fund for six Amrapali projects

Last week the Supreme Court provided much needed relief through its judgment for all home buyers who have booked apartments in Amrapali projects. After prolonged delay and non-completion of the apartments by the developers due to lack of finance home buyers welcomed the court judgment with open hands. The Supreme Court directed SBICap Venture to […]

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