Stressed Asset Fund

On August 3, Moneycontrol reported Omkara Asset Reconstruction Pvt Ltd and National Asset Reconstruction Company Ltd (NARCL) emerged as frontrunners to acquire these loan accounts.

33 housing projects worth Rs 4,197 crore accorded final approval under SWAMIH Fund: Finance Minister

As many as 123 projects have been sanctioned, including final approval to 33 projects, with an investment of Rs 12,079 crore that would target to provide relief to 81,308 homeowners

SBICAP-managed stressed fund approves 20 new proposals, clears investment worth Rs 1300 crore

This takes the total number of proposals approved for the Special Window for Completion of Construction of Affordable and Mid-Income Housing Projects (SWAMIH I) to 101 and the total investments to over Rs 10,000 crore

Over 80 stressed housing projects to get funding of over Rs 8,700 crore under SWAMIH Fund

Investments in 18 projects have been given final clearance and disbursement is at various stages across 7 residential projects; Builders and buyers welcome the move

SBICAP Ventures lowering IRR to 12% for Rs 25,000 crore stressed asset fund not enough: Realtors

While some real estate experts said SBICAP’s decision to reduce IRR to 12 percent is a positive move, others said many issues such as lenders not willing to give a no objection certificate (NoC) still remain.

Exclusive | Real estate AIF clears Rs 540 cr for two stuck projects; funds available for construction which is to begin immediately

The two deals are expected to unlock a capital of Rs 3,000 crore and provide relief to 1,800 homebuyers, benefiting over 8,500 people, a top official of SBI Capital Markets told Moneycontrol.

Budget 2020 | Homebuyers want separate provision for deduction of principal repayment on home loans

Homebuyers have proposed that the principal repayment of a housing loan be separated from the overall limit of Rs 1.5 lakh under Section 80C

Real estate AIF gets flooded with enquiries from developers, majorly from MMR, NCR regions: Sources

Fund not attempting to raise more money from domestic financial institutions but looking at foreign funds to come forward, sources

Delayed projects in some states may not benefit from Rs 25,000-crore realty fund

States and Union Territories such as Arunachal Pradesh, Lakshadweep, Meghalaya, Nagaland and Sikkim do not yet have an Authority.

Here's all you need to know about the Rs 25,000-crore realty fund

Real estate projects facing litigation in higher courts will not be covered under the bailout plan.

Experts feel Rs 25,000-crore realty fund not sufficient to address woes of sector

As per ICRA estimates, around Rs 35,000-45,000 crore would be required to fund the completion of the revised quantum of 4.58 lakh eligible dwelling units.

All you need to know about last mile funding of Rs 10,000cr for the real estate sector

Experts feel the fund seeks to address key issues of project funding, completion and delivery but adequacy of the fund, as well as the establishment of funding sources are issues that may pose challenges in its implementation

Rs 10,000 cr stressed asset fund unlikely to resolve problems of homebuyers stuck in projects in NCR

For delayed and stalled projects this will be a major problem, given that most of such projects are under NCLT and NPA, and will not get the benefit of this stress fund

FM Nirmala Sitharaman announces Rs 10,000cr fund for last-mile funding of stuck housing projects

The unfinished projects should not have become NPA and should not have been pending in NCLT

Will a Rs 10,000cr stressed asset fund rescue the real estate sector?

In case a stressed asset fund is constituted, experts feel developers should not be given a bailout package

Budget 2016: Jayant Sinha expects GST Bill passage in H2 of session

Minister of state for finance, Jayant Sinha in an interview to CNBC-TV18, said the government has not only adhered to the fiscal deficit target, it has also increased public investment in a significant manner