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1.300 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.

2.Hines to invest US$ 500 mn on Indian projects

Hines, the US-based global real estate investment firm, plans to invest US$ 500 mn in India to develop new commercial and housing projects. The company foresees excellent growth opportunities in the country despite the current slowdown in the real estate sector.

3.MMR has the highest number of delayed housing projects

Delhi-NCR follows MMR in the highest number of delayed units

4.NHB and AFD expand funding to green and affordable housing projects

Housing finance companies, banks and home buyers will have access to competitive funding opportunities to finance green and affordable housing projects.

5.Rs.200 bn fund for constructing affordable homes

The Finance Minister has announced the formation of a new fund to provide last mile funding for housing projects which are 60 per cent complete and are net worth positive in the affordable and mid-income category.

6.Nirmala Sitharaman gives boost to housing sector with Rs 200 billion aid

Finance Minister Nirmala Sitharaman announced financial support of Rs 200 billion for approximately 0.35 million incomplete housing projects (non-NPA and non-NCLT) in the affordable and middle income segment.

7.Looking back at 72 Years of Independence

A bittersweet dawn for India’s housing sector

8.Puravankara to launch Rs.30 bn worth projects

Puravankara has reportedly planned to develop 13 housing projects this fiscal, at an estimated construction cost of about Rs 30 bn.

9.Truck mounted boom pumps, stationary concrete pumps have shown good growth

The market for concrete equipment has been growing over the last few years, and given the focus on boosting India’s infrastructure, the growth is expected to continue.

10.Will affordable housing revive residential investments?

Equity investments down to 3 per cent in 2018 from 27 per cent

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