+
RBI approves relief measures for real estate SMEs
Real Estate

RBI approves relief measures for real estate SMEs

The Reserve Bank of India (RBI) has announced additional Covid-19 relief measures for real estate service providers amid lockdowns announced by states due to the second wave of Covid-19.

RBI has recognised difficulties faced by individual, small and medium enterprises due to the lockdown, and provided ‘Resolution 2.0’ measures for restructuring loans to small borrowers up to Rs 25 crore.

The apex bank’s announcements are aimed to provide relief to real estate-linked small and medium (SME) players, especially contractors and suppliers of input material for the sector.

Due to the recent lockdown restrictions in various states, cash flows have been partially impacted. The working capital review will also help these stakeholders to tide over their liquidity issues, experts said.

To mitigate the pandemic-related stress, initiatives like special long-term repo operations for small finance banks are announced for on-lending to individual borrowers. This may help the smaller entrepreneurs, capital markets and Investment Services (India).

Resolution Framework 2.0, under which individuals and small businesses and Ministry of Micro, Small and Medium Enterprises (MSMEs) are having exposure up to Rs 25 crore, can opt for loan restructuring if they had not availed the earlier scheme, said RBI.

Image Source


Also read: Govt provides relief in GST timelines to businesses hit by Covid-19

Also read: Covid-19 second wave: State govts offer assistance to construction workers

The Reserve Bank of India (RBI) has announced additional Covid-19 relief measures for real estate service providers amid lockdowns announced by states due to the second wave of Covid-19. RBI has recognised difficulties faced by individual, small and medium enterprises due to the lockdown, and provided ‘Resolution 2.0’ measures for restructuring loans to small borrowers up to Rs 25 crore. The apex bank’s announcements are aimed to provide relief to real estate-linked small and medium (SME) players, especially contractors and suppliers of input material for the sector. Due to the recent lockdown restrictions in various states, cash flows have been partially impacted. The working capital review will also help these stakeholders to tide over their liquidity issues, experts said. To mitigate the pandemic-related stress, initiatives like special long-term repo operations for small finance banks are announced for on-lending to individual borrowers. This may help the smaller entrepreneurs, capital markets and Investment Services (India). Resolution Framework 2.0, under which individuals and small businesses and Ministry of Micro, Small and Medium Enterprises (MSMEs) are having exposure up to Rs 25 crore, can opt for loan restructuring if they had not availed the earlier scheme, said RBI. Image Source Also read: Govt provides relief in GST timelines to businesses hit by Covid-19 Also read: Covid-19 second wave: State govts offer assistance to construction workers

Next Story
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?