Realtors rush for last-mile funding to meet Deadlines

The real-estate sector is seeing a spike in demand for last-mile funding as the 2016 Real Estate (Regulation & Development) Act ratified in 2017 and a shift in home buyers’ preference to late stage and ready-to-move-in structures pressure projects under construction for completion. In the backdrop of changing regulatory and business environment, the pressure is mounting on developers to deliver…

India’s affordable housing sector gets funding boost

Affordable housing in India is set for a big boost in government funding, a move that could lead to greater investment in the supply-starved sector. India’s Finance Minister Arun Jaitley recently announced a dedicated affordable housing fund that aims to boost construction, especially in rural areas. The announcement, made during the Union Budget 2018, is aligned with ongoing government efforts…