1.IBC: Three years of hits and misses

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

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2.Listed players’ quarterly housing sales value up 5 per cent

And, absorption up 9 per cent

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3.MMR has the highest number of delayed housing projects

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

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4.1,600 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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5.Industry experts on government’s Rs 250 bn AIF boost

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

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6.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.

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7.India ups rank from 52nd to 27th for construction permits: World Bank

Ease of Doing Business index jumps to 63 for 2018-19 from 77 in 2017-18

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8.25,000 Crore Fund for Real Estate

Considering banks have turned completely averse to funding real estate or infrastructure (ICICI has shut down its project finance division that funded infrastructure), the announcement of a Rs 250 billion fund is a lifeline.

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9.Trending Facades

Some realty segments are using less glass, others more and demanding specific panes, while premium metallic panels are making a statement in niche applications.

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10.India ups rank from 52nd to 27th for construction permits: World Bank

India is among the top 10 economies where business climates improved the most, as per the World Bank’s Doing Business 2020 report. The country saw its ranking in the World Bank’s ‘Ease of Doing Business’ index jump to 63 for 2018-19 from 77 in the previous year.

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