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1.Let’s leverage the crisis to set things right in the real estate sector: SBI Chief

State Bank of India Chairman Rajnish Kumar on banks’ perspective towards India’s real estate.


2.SBI launches ‘Residential Builder Finance with Buyer Guarantee’

Focused on affordable housing of up to Rs 25 million


3.1,600 stalled projects receive support of Rs 250 bn

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


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.


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

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


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.


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

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


8.Boost for capital availability for infra projects

SBI, NIIF join hands to provide greater thrust to infra financing


9.NTPC signs term loan of Rs 50 billion with State Bank of India

NTPC has signed a term loan agreement for Rs 50 billion with State Bank of India. The loan facility is extended at an interest rate linked to three-month MCLR of the bank.


10.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.