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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Growth witnessed in home loan segment

The effect of the Government’s push for affordable housing and the Pradhan Mantri Awas Yojana (PMAY) interest subsidies can be felt with growth observed in home loans for the current fiscal year. Experts opine that this could be as much as 17-19% in the home loan category for FY2018-19. There is strong demand for home […]

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