1.Affordable housing, logistics to get a boost from SWFs

SWFs hold US$ 29 billion of Assets Under Custody as of December 2019

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2.300 realty developers approach the Rs 125 bn AIF for financial support for projects

The government’s Rs 125 billion Alternate Investment Fund (AIF), which offers last-mile funding to stuck housing projects, has disbursed funds to two housing projects. And, it reportedly expects to fully deploy its money in two years.

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3.Ease of Living, Municipal Performance Index launched

Both these indices are designed to assess quality of life of citizens

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4.Builders in Gurugram may face penalty of up to Rs 3 billion

The Haryana Real Estate Regulatory Authority (HRERA) will reportedly impose a penalty of about Rs 3 billion to Gurugram developers. As reported, the authority has, in the last two years, received 9,496 complaints, of which 6,598 have been disposed off or resolved. It has also issued 509 penalty notices to builders who have defaulted in terms of complying with various provisions of the real estate law. HRERA has imposed penalty of about Rs 400 million on builders so far.

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5.National Logistics Policy to soon be released

Policy to create a single window e- logistics market

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6.Budget 2020 benefits the freight and logistics sector

National Logistic Policy to lead to operational efficiency for freight operators

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7.Budget announcements impact building materials segment

Indirect announcements made in Budget 2020 impact the building materials segment

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8.Tax Concessions extended to Sovereign and Pension funds in Budget 2020

The detailed budget speech, one of the most comprehensive ones in recent past did have some significant positives for sectors like Infrastructure, Power, Banking and NBFC, Agriculture reiterating her focus on Affordable housing, Education and Healthcare sector.

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9.Budget Outcome for Realty not met Expectations: CW

Real estate sector was high on expectations, but not much announced in the Budget

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10.Budget 2020 will ensure an integrated development of both infra and realty sectors

The allocation of Rs 100 trillion for infrastructure development in the next five years is a move in the positive direction.

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