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1.Real Estate and State of Homebuyers

Following the finance minister’sannouncement ofsetting up a Rs 250 billion fund—in the nature of Category-II Alternative Investment Funds—real-estate developers will be able to complete construction and revive stalled projects, sayARADHANA BHANSALI and MANASI PADWALKAR.

2.1,600 stalled projects receive support of Rs 250 bn

Govt announces setting up of alternative investment fund to boost sector.

3.1,600 stalled projects receive support of Rs 250 billion

The Government recently announced its decision to set up a Rs 250 billion alternative investment fund (AIF) to bring relief for developers and give the sector a boost.

4.Industry experts on government’s Rs 250 bn AIF boost

1,600 stalled projects receive support of Rs 250 billion, experts’ welcome move

5.FCPE hails Centre’s Rs 250 billion funding boost for the real estate sector

As reported, Forum for People’s Collective Efforts (FPCE) has positively responded to the government’s decision to create a Rs 250 billion fund to provide aid to around 1,600 stalled real estate projects that can now be completed.

6.Funding crunch, rising construction costs may derail India’s roads sector

With NHAI and the private sector re-strategising, the funding crunch and increasing construction costs may derail the country’s roads and highways sector. Recently, the Prime Minister’s Office (PMO) stated to NHAI that the Government is reportedly not keen to sustain its large investments in bui..

7.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.

8.Funding crunch, rising construction costs may derail India’s roads sector

PMO and private sector not keen on large investments in building highways

9.Public sector banks to finance Nagpur-Mumbai Expressway project

In order to boost Chief Minister Devendra Fadnavis’s pet project, the Mumbai-Napur Expressway (also known as Samruddhi Corridor), public sector banks have agreed to provide finance for the project.

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