Jaypee Group's financial woes deepen with ₹4,500 crore unpaid to banks, delayed real estate projects in Noida.
Indian real estate developers prepare to issue asset-backed bonds utilizing rental income from offices and shopping malls.
Lenders have issued a legal notice to Kingfisher Airlines, warning they will seize realty assets if loans are not repaid. The assets include their Mumbai office and a villa in Goa.
Finance Ministry plans to bolster the real estate sector by facilitating bank loans for builders with stalled residential projects, aiming to revitalize the sector and stimulate economic growth.
Removing the cap on loans has boosted NRIs' desire to invest in Indian real estate. Approx. 90% of NRIs in UAE prefer real estate investment in India.
Bank lending to commercial real estate sees 12.2% growth, driven by unlisted developers taking a larger share, despite claims of credit shrinkage from listed firms.
Noida Extension apartment buyers face dilemma due to land dispute, seeking refund or relocation
Wealthy buyers of Commonwealth Games apartments in Delhi struggle to gain occupancy, facing rising loan interest and deteriorating conditions at the vacant properties.
Real estate sector faces financial and regulatory challenges in the first quarter, impacting both projects and investors.
Scope for small real estate investors is limited compared to institutional investors in India, but investing in rent-generating assets can still bring decent returns.
RBI may increase bank provisions for commercial realty loans, potentially raising interest rates for builders.
The Reserve Bank of India is planning to ban lending below the prime lending rate, which will impact floating-rate home loans.
RBI's draft guidelines propose excluding entrepreneur real estate loans for business from CRE classification, potentially easing construction finance access.
Loan against property rates depend on loan amount, borrower's credit ranking, and pledged security's equity in India's competitive housing finance market.
The BJP is urging the establishment of a Real Estate Regulatory Authority to protect small investors, highlighting concerns over housing projects and financial security.