The Uttar Pradesh chapter of realtors’ body NAREDCO on Monday said its member developers have offered delivery of nearly 5,000 housing units in Noida and Greater Noida since the imposition of COVID-19 lockdown. These units are from five major real estate groups — Supertech, Migsun, Panchsheel, Sikka and Trident. Details […]
ICRA Has Concluded That RBI Resolution Plan Guidelines Are Beneficial For Residential Real Estate
The Reserve Bank of India (RBI) has recently released sector-specific leverage and debt-coverage guidelines for determining eligibility for restructuring of stressed loans, including those in the residential real estate sector. Real estate has been identified as one of the more deeply impacted sectors, and consequently, relatively high leverage levels have […]