The Reserve Bank of India (RBI) has proposed several changes in the regulatory framework for housing finance companies aimed at strengthening the capital base. Housing finance companies lately undergoing lots of challenges due to economic slowdown, lockdown, and liquidity crisis. To counter all these challenges the central bank took regulatory control of housing finance companies […]
Financial Planning & Advisory
Government’s last-mile fund for stalled projects finds many takers
A few months back the government of India has announced last-mile fund for stalled real estate projects in the tune of INR 25,000 crore to bring back lost confidence in the sector and troubled homebuyers to get their housing units. Following the creation of stress fund for stalled projects, realty developers do not show much […]
Housing finance companies have sufficient liquidity to repay their debts
Several extremely positive steps have been taken amidst lockdown by the central bank to boost liquidity, and to help revive demand and assist in recovering the weakened economy. Indian housing finance companies (HFCs) have raised about INR 34,000 crore of funds through the debt market route from National Housing Bank (NHB) during April – May […]
The central bank’s moratorium extension and repo rate cuts likely to increase liquidity in the real estate sector
The recent decision of the central bank (RBI) to lower repo rate by 40 basis points (bps) to 4 percent to mitigate the impact of coronavirus crisis on the economy is well greeted by real estate leaders and other stakeholders. They even extended loan moratorium by another three months till August 2020, to provide big […]
100 percent FDI in real estate into consideration by the government
A long-standing demand of the real estate industry to allow 100 percent foreign direct investment (FDI) for completed residential projects with occupancy certificates (OC) is finally being into consideration by the government. The Ministry of Commerce and Industry is considering relaxation in the FDI policy for the real estate sector of RERA registered completed projects […]
