Liquidity crunch, defaults hit housing projects

Liquidity crunch, defaults hit housing projects

An analyst says these days  must be the most eventful period for real estate with major disruption taking place at the same time. A series of reforms in the form of demonetisation, implementation of Real Estate (Regulation & Development) Act, 2016, the Goods &...
Government wants RBI to help boost credit

Government wants RBI to help boost credit

India’s central government  wants the Reserve Bank of India’s help in increasing credit to the commercial real estate sector. The current liquidity crunch among Non-Banking Financial Companies (NBFCs) has hurt the real estate sector as developers have relied on them...