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 […]
Financial Planning & Advisory
Is interest waiver to borrowers is expected to become reality?
The loan moratorium scheme was announced by the Reserve Bank of India (RBI) as an emergency relief measure to stressed borrowers in the wake of coronavirus pandemic. Those borrowers who opted for loan moratorium has now become a burden for them. They have to pay interest-on-interest or compound interest that will increase their regular equated […]
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 […]
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 […]
Investments in InvITs dropped but REITs soared three-fold in H1 2020 by MF houses
The InvITs and REITs are emerging funds which attract mutual fund manager’s fancy compared to the previous year. Mutual fund houses infused about INR 735 crore in real estate investment trusts (REITs) in H1 2020 (Jan-Jun) against INR 249 crore in H1 2019. On the other hand, fund managers have invested around INR 4,968 crore […]
