Tag: #Nirmala Sitharaman

Is the economic stimulus package of the Finance Minister going to revive the real estate industry?

August 29, 2019

By Abhay Shah, Realty Quarter In an effort to increase slowing economic growth in India, the finance minister lately announced a slew of projects. It is not just the real estate industry that is experiencing a slowdown in growth, but the entire economy. This has been ascribed to a number of factors, including global trade […]

Is the economic stimulus package of the Finance Minister going to revive the real estate industry?more

RBI new regulation declares Housing Finance Companies (HFCs) to be treated as NBFCs.

August 14, 2019

By Abhay Shah, Realty Quarter On August 13, the Reserve Bank said housing finance companies (HFCs) will be treated for regulatory purposes as one of the categories of NBFCs and will be under their direct supervision. The Finance (No 2) Act, 2019 (23 of 2019) modified the National Housing Bank Act, 1987, which conferred on […]

RBI new regulation declares Housing Finance Companies (HFCs) to be treated as NBFCs.more

Nirmala Sitharaman held meetings to discuss real estate sector issues and measures to be taken to strengthen the industry.

August 12, 2019

By Abhay Shah, Realty Quarter On 11 August, after the industry and homebuyers met with Finance Minister Nirmala Sitharaman to emphasize their issues regarding liquidity crunch, demand slowdown and stalled projects, the government proposed it would soon solve the problems that are affecting the real estate sector. The Minister of Finance conducted two separate meetings on August 11 – the first with the two apex realtors’ industry bodies CREDAI and NAREDCO, and the second with homebuyer associations to address the problems related to the property industry and measures to improve […]

Nirmala Sitharaman held meetings to discuss real estate sector issues and measures to be taken to strengthen the industry.more

Finance Minister announces Housing Loan Insurance.

July 3, 2019

By Abhay Shah, Realty Quarter The Insurance Regulatory and Development Authority of India (IRDAI) have notified the Lok Sabha on Monday, that the public sector insurer LIC of India and a few of the private sector insurers have launched housing loans insurance. Union Minister of Finance and Corporate Affairs Nirmala Sitharaman, replied in writing to […]

Finance Minister announces Housing Loan Insurance.more

Tag: #Nirmala Sitharaman

Is the economic stimulus package of the Finance Minister going to revive the real estate industry?

RBI new regulation declares Housing Finance Companies (HFCs) to be treated as NBFCs.

Nirmala Sitharaman held meetings to discuss real estate sector issues and measures to be taken to strengthen the industry.

Finance Minister announces Housing Loan Insurance.

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