1.CCI approves combination involving setting up of Mindspace REIT by K Raheja Corp

Approves acquisition of certain equity shareholding held by selling shareholders in the Target Entities by REIT

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2.Covid 19: Impact on Real Estate Sector

CW lists reactions received from the industry on the Coronavirus impact on real estate

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3.The landlord model has been identified as the model for all ports

The FIRST Construction Council recently organised the ‘Revolutionising Ports Conference’ at the Karnika Cruise in Mumbai, with a focus on ‘Integrating India’s Maritime Stakeholders’.

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4.The government will spend in public investment-related programmes

After the Union Budget 2020 announcement on February 1, 2020, as a first-of-its-kind initiative, Union Finance Minister Nirmala Sitharaman along with her team embarked upon an outreach programme across cities

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5.Piyush Goyal reviews infra projects on PMG portal

17 large-size infrastructure projects reviewed in DPIIT

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6.Interesting times of the Indian real estate sector

A glimpse of investments and government initiatives

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7.300 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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8.Railways Capex for 2020-21 pegged at all time high

Target of new lines, gauge conversion and doubling/tripling for 2020-21 is 3,750 route km against 3,150 in 2019-20

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9.7,591.99 MW renewable energy commissioned in 2019-20

34,160 MW renewable energy capacity under implementation

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10.Crisis Calls for Capital

With funding from banks and NBFCs to India’s real-estate sector continuing to be a struggle, the sector recorded an investment of $5.397 billion in 2019.

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