1 - 10 Results of 6

1.Realtor-to-owner loan is operational debt: Tribunal

NCLT held that real estate advance to landlords qualifies as “operational debt” under IBC

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

Seeks $200-300 bn Economic Package from Union Government

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3.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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4.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.

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5.IBC: Three years of hits and misses

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

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6.1,600 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.

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7.Our budgets may be strained but we need to build the project pipeline and clear the tax and legal hurdles so that FDI can flow in

There are cracks appearing everywhere. Even fissures at some spots. The world economy is in dire straits. Even the US economy is showing signs of strain. Europe, China, Middle East have slowed down.

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

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

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9.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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10.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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