Resilience stood out as the hallmark of the real estate market in 2019 amid all-round economic slowdown. Propelled by reforms across several sectors, India travelled several notches up on the ‘ease of doing business’ metrics to be ranked 63rd in the 190-nation ranking. This holds out hope for the year […]
Govt. Must Consider These Alternatives To Revive Real Estate Sector
Real estate in India faces a severe credit crunch. The sector depended heavily on NBFCs for its credit requirements. Hence, the sharp slowdown in NBFC sector and NPAs plaguing the banking sector has had severe repercussions. RBI’s latest Financial Stability Report highlights that overall credit (Bank + NBFC + HFCs) to […]