real estate

India’s liquidity-starved economy will restrain housing market activity and price rises in coming months and into 2020, according to a Reuters poll of property market experts who were skeptical aggressive interest rate cuts will revive it.

Major Relief To Stressed Realty Sector On The Anvil Aug 27 2019

After measures announced by Finance Minister Nirmala Sitharaman to deal with the economic slowdown, government will announce relief package for real estate sector, under which a stress fund may be set up to help complete unfinished projects.

FM Meets Realty Stakeholders, Discuss Liquidity, Stalled Projects Aug 12 2019

Liquidity problems and completion of stalled projects formed the core agenda of the meeting on Sunday between Finance Minister Nirmala Sitharaman with real estate players which discussed ways to create demand in the country's realty market.

Big Boost For Homebuyers As SC Upholds Financial Creditor Status Aug 09 2019

The Supreme Court on Friday upheld the status of homebuyers as financial creditors as per the amendment in the Insolvency and Bankruptcy Code (IBC).

DHFL Assures Lenders Of No Haircuts Under Resolution Plan Aug 06 2019

India’s debt-laden shadow bank Dewan Housing Finance Corporation Ltd (DHFL) on Tuesday said its creditors would not have to take any haircuts on principal payments under its resolution plan, sending shares up as much as 10%.

WeWork Seeks $6 Billion Financing, Contingent on IPO Success Aug 02 2019

WeWork Cos. is setting up $6 billion in financing to pursue its global ambitions, but there's an unusual catch: It must first succeed in its initial public offering next month.

India's Housing Mess: 1.74 Lakh Homes Stalled Across Major Cities Aug 01 2019

Supreme Court's recent landmark verdict on the Amrapali case has brought the limelight back to the the Indian realty sector and lakhs of home buyers as numbers of incomplete and stalled housing projects continue to be on the rise creating "ghost cities" by the day.

Police Book Amrapali Group Directors In Cheating Case Aug 01 2019

The Economic offence Wing of Delhi Police on Wednesday registered a case of cheating against directors of the Amrapali Group, said officials.

DLF's Net Debt Down 35% To Rs 3,416 Cr Jul 30 2019

Realty major DLF's net debt declined 35 per cent to Rs 3,416 crore during the first quarter of this fiscal on better sales and fund infusion from promoters.