Year: 2020

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 […]

Expert’s Opine That Mumbai’s Grim Real Estate Might Not Get Any Relief This Year

The real estate sector in Mumbai and its surrounding areas is unlikely to recover this year, according to builders, experts and homebuyers, as the industry battles its slowdown and an economy battered by the Covid-19 pandemic. The problems are multi-fold: Construction sites wear a deserted look owing to around 60% […]