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Landbank doubles funding support for distressed swine industry to P30B

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...
South Cotabato San Carlos Negros Occidental City Of Tarlac Cavite City Sagay City

india economic growth: Why built environment sector will propel India's future growth

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 ...
United States Global Housing Technology Global Housing Technology Challenge Special Window Mid Income Housing Project India Economic Growth

HDFC Capital, Cerberus set to pair up for $1 billion real estate investment fund

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...
Frank Bruno Vipul Roongta Deepak Parekh Cerberus Capital Management New York Headquartered Cerberus Capital Special Window

DA's Dar calls corruption in pork MAV process unlikely but starts probe

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 “remote.” In a statement Wednesday, Mr. Dar said the discretion of the certific...
Armandor Crobalde Jr Revin Mikhaeld Ochave Panfilom Lacson Williamd Dar Janec Bacayo Ceciliac Borromeo

900 flat buyers in Noida to get home soon

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...
New Delhi Rajya Sabha Greater Noida Authority Affairs Shri Hardeep Singh Puri National Company Law Tribunal Services Tax
Source: india.com

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Govt's special fund for stalled housing projects to deliver 4000 flats this year

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...
Irfana Kazi Narendra Modi Life Insurance Corp Ventures Ltd Watson Health National Capital Region

$3.5 Billion Housing Fund Set Up By PM Modi Starts to Pay Off

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.
Narendra Modi Irfana Kazi Life Insurance Corp Ventures Ltd National Capital Region Special Window
Source: ndtv.com

India's $3.5 billion zombie-home experiment starts to pay off

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...
Irfan Kazi Narendra Modi Life Insurance Corp Ventures Ltd National Capital Region Special Window

Analysis | Budget 2021 Mildly Positive For Realty Sector, Most Expectations Remain Unmet

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...
Union Budget Affordable Rental Housing Complexes Income Tax Real Estate Investment Trusts Foreign Portfolio Investors

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