1.NAREDCO urges government to lift ban on work at construction sites

Seeks $200-300 bn Economic Package from Union Government

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2.Bombay High Court sets up panel to liquidate HDIL assets

The Bombay High Court (HC) on January 15 ordered setting up of a three-member panel to evaluate and sells assets of the embattled Housing Development and Infrastructure (HDIL). The fund thus accumulated would be used to pay off the debt the builder owes crisis-hit PMC Bank.

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3.IBC: Three years of hits and misses

There has been a steady rise in CIRP cases in real estate

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4.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.

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5.Code of Conduct: Homebuyers Find a Place in IBC

Together, the Insolvency and Bankruptcy Code and the Real-Estate Act 2016 will bring positive change to the interaction between home buyers and developers.

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