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April 21, 2021
SunStar + April 21, 2021 THE Land Bank of the Philippines (Landbank) is raising its available loan window in support of local pork producers and feed millers to P30 billion, from P15 billion, to finance stock repopulation and feed milling operations of stakeholders reeling from the adverse impact of the African swine fever (ASF). This came following the directive from Finance Secretary and Landbank Chairman Carlos Dominguez III for the state lender to double its support for hog rai...
April 13, 2021
Synopsis Unlocking new economic growth starts in construction and the journey ahead will encompass utilising new technology, finding private and public investment solutions and better education for a career in the built environment. iStock We have the third-largest built environment sector after China and the United States, but probably the greatest number of market segments based on affordability in the residential real estate market. Construction as a tool for growth during challenging times ...
April 2, 2021
HDFC Capital, Cerberus set to pair up for $1 billion real estate investment fund SECTIONS Share Synopsis The fund, to be set up through an affiliate of New York-headquartered Cerberus Capital, will target stressed projects, purchase inventory and provide last-mile funding for under-construction residential projects. ThinkStock Photos HDFC Capital and global alternative investment major Cerberus Capital Management LP have formed a partnership to create a fund that will focus on high-yield opport...
March 17, 2021
March 17, 2021 | 8:16 pm Font Size Image via Flixtey / CC BY-SA 4.0 THE Department of Agriculture (DA) has formed a committee to investigate alleged corruption in the process of certifying that pork imports are within the minimum access volume (MAV) quota, qualifying them to pay lower tariffs, though Agriculture Secretary William D. Dar said the possibility of corruption in issuing the document is âremote.â In a statement Wednesday, Mr. Dar said the discretion of the certific...
March 12, 2021
Highlights Buyers will get flats by February next year. Four more builder projects expected to get money soon. New Delhi: The Central government has sanctioned Rs 165 crore for the completion stalled builder projects in Greater Noida, that will fulfill the housing dream of 900 buyers, as per a newspaper report. Under the project, to be completed in two phases, buyers will get flats by February next year. Four more builder projects are expected to get money soon, that will enabling in constru...
February 19, 2021
Govts special fund for stalled housing projects to deliver 4000 flats this year The ‘Special Window for Completion of Construction of Affordable and Mid-Income Housing Projects’ (SWAMIH) fund was announced in November 2019. (REUTERS)Premium . Updated: 19 Feb 2021, 10:37 AM IST Bloomberg The ‘Special Window for Completion of Construction of Affordable and Mid-Income Housing Projects’ (SWAMIH) fund was announced in November 2019 Share Via Read Full Story A 250-billion-rupee ($3.5 billi...
February 19, 2021
A 250-billion-rupee ($3.5 billion) fund set up by India's government to complete stalled housing projects is set to deliver its first finished apartments in 2021, offering a template for a problem that has washed out savings of thousands of home buyers and bankrupted developers.
February 19, 2021
2,852,509.0 A $3.5 billion fund set up by India to complete stalled housing projects is set to deliver its first finished apartments in 2021, offering a template for a problem that has washed out savings of thousands of home buyers and bankrupted developers. The fund will hand over some 16 projects or more than 4,000 homes in the financial year starting April 1, said Irfan Kazi, chief investment officer at SBICAP Ventures Ltd., the government-appointed manager of the alternative investment fund...
February 19, 2021
India Business News: A Rs 25,000 crore ($3.5 billion) fund set up by India’s government to complete stalled housing projects is set to deliver its first finished apartment
February 8, 2021
Analysis | Budget 2021 mildly positive for realty sector, most expectations remain unmet Some positive impact is also expected on Real Estate Investment Trusts, given the permitted flexibility to raise debt from Foreign Portfolio Investors, which broadens funding avenues and enables lower cost financing. Representative Image. The real estate industry was expecting major support, demand boosting announcements in the Budget, but barring extension of a few existing sops; and broadening of REITs f...