Budget 2024: Realty sector expects higher outlay for PMAY, home loan interest deduction limit raiseFavorable announcements in the housing sector could boost stocks of realty, cement, and housing finance companies. Credit ratings agency Ca...
22 Jul, 2024, 06.19 PM IST
Sitharaman may focus on affordable housing in Union Budget: Former HDFC CEO Keki MistryBUDGET 2024: Finance Minister Nirmala Sitharaman is expected to prioritize affordable housing in the upcoming Union Budget, former HDFC CEO...
05 Jul, 2024, 10.22 AM IST
Flat stuck in a delayed or stalled real estate project? Six things aggrieved homebuyers can doHomebuyers stuck in stalled real estate projects face financial strain and uncertainty. They pay EMIs and rent while bearing the loss of op...
21 May, 2024, 01.00 PM IST
Over 3 cr new jobs created in real estate sector in last 10 years on policy reforms: Anarock-NAREDCOIndian real estate employment grew to 7.1 crore in 2023, aided by housing sector expansion and government policies. Initiatives like SWAMIH...
08 Apr, 2024, 05.20 PM IST
NAREDCO seeks in budget Rs 50,000 crore more under SWAMIH for stalled housing projectsThe government recently informed Parliament that as of November 16, 2023, 342 proposals aggregating to Rs 37,554 crore have been approved u...
17 Dec, 2023, 10.05 PM IST
342 proposals cleared till Nov 16 to complete stalled real estate projects: GovernmentThe committee has recommended various measures to complete these stalled projects and handover the same to the homebuyers, he said, adding ...
04 Dec, 2023, 07.58 PM IST
Additional housing loans for stalled real estate projects to be treated as standard creditThe Reserve Bank of India (RBI) has informed banks that additional housing loans for stalled real estate projects, revived under the govern...
29 Nov, 2023, 12.39 AM IST
Six actions homebuyers can take if their house is stuck in a delayed real estate projectThe courts, filing FIRs against the developer and filing cases with the Economic Offences Wing as well as the Enforcement Directorate are o...
20 Feb, 2023, 11.18 AM IST
Realtors body NAREDCO urges govt to launch SWAMIH-2 with widened scopeIn its letter to the Finance Minister Nirmala Sitharaman, NAREDCO has also sought the extension of the scheme to new projects. While emphas...
17 Jan, 2023, 06.57 PM IST
ED arrests CMD of Mantri Developers in money laundering caseAs per the arrest document accessed by ET, the developer was arrested in a money laundering and fund diversion case and has been remanded t...
25 Jun, 2022, 07.55 PM IST
SWAMIH fund approves last mile funding for Home & Soul project on Yamuna expresswayThe Special Window for Affordable & Mid-Income Housing (SWAMIH) fund has approved over Rs 130 crore for completion of F Premiere 2, a real ...
24 Feb, 2022, 05.45 PM IST
NAREDCO-UP requests finance ministry to amend guideline of SWAMIH fund“Existing project loans from banks and NBFC’s has to be rescheduled irrespective of NPA status where the projects are commercially viable h...
04 Jun, 2021, 02.47 PM IST
How GoI's gamechanging SWAMIH fund for stalled housing actually works on the groundIt is an innovative financing structure that must be replicated across several capital-intensive industries. Innovative financing is, indee...
17 May, 2021, 11.29 PM IST
FM Nirmala Sitharaman says govt’s last-mile SWAMIH I fund to help deliver 1.16 lakh homes“This particular government scheme has primarily kept its focus on relieving the suffering of the middle class who invest in the homes, who...
13 May, 2021, 08.37 PM IST
Govt's last-mile fund SWAMIH readies stressed realty projects for deliveryConstruction at the projects, bankrolled under the Special Window for Completion of Construction of Affordable and Mid-Income Housing Proje...
07 Jan, 2021, 11.38 AM IST
Banks sanction Rs 1.87 lakh cr to 50.7 lakh MSMEs under credit guarantee schemeThe scheme is the biggest fiscal component of the Rs 20-lakh crore Aatmanirbhar Bharat Abhiyan package announced by Finance Minister Nirmal...
08 Oct, 2020, 04.17 PM IST
Real estate sector may not get waiver on compound interestThe real estate sector already benefited from funding support under the Special Window for Affordable and Mid Income Housing or SWAMIH whic...
07 Oct, 2020, 10.30 AM IST