Month: July 2020

RBI To Allow One-Time Loan Recast In Construction, Real Estate, Tourism And Aviation

With banks pushing for a one-time restructuring of loans, the Reserve Bank of India (RBI) may provide this leeway for select stressed sectors. Sectors such as tourism, hospitality and real estate have been seeking this relief to tide over the business slump resulting from effects of COVID-19 pandemic induced economic downturn. A senior […]

JLL Survey Suggests That 91% Respondents Favour Purchasing Property Over Renting In Spite Of COVID-19 Challenges

Economic uncertainty and rising stock market volatility is positioning real estate as the preferred asset class for investments in India with over 91 percent preferring to buy an apartment over renting in the next six months, says JLL, a real estate consultancy firm. According to JLL’s Homebuyer Preference Survey, 91 percent respondents […]