1.Affordable housing, logistics to get a boost from SWFs

SWFs hold US$ 29 billion of Assets Under Custody as of December 2019

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2.300 realty developers approach the Rs 125 bn AIF for financial support for projects

The government’s Rs 125 billion Alternate Investment Fund (AIF), which offers last-mile funding to stuck housing projects, has disbursed funds to two housing projects. And, it reportedly expects to fully deploy its money in two years.

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3.US$ 970 mn PE inflows in retail hit five-year high in 2019

Reports a 19% share of the total US$ 5 bn in overall Indian real estate

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4.Mobile-based construction management solution

Digitising construction operations to help accelerate projects

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5.Builders in Gurugram may face penalty of up to Rs 3 billion

The Haryana Real Estate Regulatory Authority (HRERA) will reportedly impose a penalty of about Rs 3 billion to Gurugram developers. As reported, the authority has, in the last two years, received 9,496 complaints, of which 6,598 have been disposed off or resolved. It has also issued 509 penalty notices to builders who have defaulted in terms of complying with various provisions of the real estate law. HRERA has imposed penalty of about Rs 400 million on builders so far.

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6.Our MEP order book has grown by 25 per cent in the past year

India's leading integrated MEP service provider with over 75 years of experience in providing expert solutions in the building, industrial and infrastructure segments, Blue Star has built an enviable reputation for being a one-stop turnkey provider for all MEP needs, with a strong record of delivering projects globally.

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7.The Budget Remix: By Pratap Padode, Editor-in-Chief, CW

The Budget has not achieved the objective it was due to accomplish in toto. It does not lay a long-term vision for growth. It also fails to simplify taxation.

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8.Budget Outcome for Realty not met Expectations: CW

Real estate sector was high on expectations, but not much announced in the Budget

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9.Budget 2020 will ensure an integrated development of both infra and realty sectors

The allocation of Rs 100 trillion for infrastructure development in the next five years is a move in the positive direction.

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10.Does the Budget fall short of Real estate sector’s expectations?

Residential real estate developers were hoping for much more than merely extending existing benefits for affordable housing.

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