Finance blog

Last-mile funding

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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Investment to flow into stressed real estate from NBFCs and Special situation funds

The government-backed SBICAP Ventures controlled last-mile fund for stalled projects and several large institutional investors are eyeing through their distress funds or Special situation funds. Institutional investors and NBFCs are actively exploring investment opportunities among stressed real estate projects. The disgruntled market accentuated by sluggish sales, liquidity crunch, and lesser customer advances are creating stress […]

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