As of 2019-end, under-construction Grade A office space in the top seven cities is worth more than ₹2.5 lakh crore, said Bappaditya Basu, Chief Business Officer Anarock Commercial. “Over 25 per cent of this stock (worth over ₹63,000 crore) is available for strata sale (sale of commercial properties like office spaces to […]
Numerous real Estate Project Stuck For Issues Other Than Liquidity Shortage: Deepak Parekh
Deepak Parekh, Chairman, HDFC shared his views on last mile funding issue and one-time restructuring for real estate companies. Speaking about the last mile funding he told CNBC-TV18, “It is a very good beginning this Rs 25,000 crore. State Bank have already put the team together and we have deputed […]
All That you Wished to Understand About The Credit Linked Subsidy Scheme
With the real estate sector going through difficult times, expectations run high on the Budget doling out more sops to revive the sector, particularly for Pradhan Mantri Awas Yojana (PMAY), the affordable housing scheme. One of the key schemes through which the Centre has been trying to push demand for […]
Bankers CM Meet In A Bid To Fund Govt. Housing Projects
In a bid to infuse money into government housing projects in Mumbai and the rest of Maharashtra, Chief Minister Uddhav Thackeray and Housing Minister Jitendra Awhad on Monday held a meeting with representatives of top banks. Nationalist Congress Party chief Sharad Pawar also attended. The meeting was in continuation with […]