Job losses in gulf countries after the Covid-19 spread, falling oil prices, and the security of owning a house in one’s native country are driving the trend, say many developers Business Standard spoke to. From the UAE alone, some 150,000 Indians registered to repatriated, of which 25 per cent cited job losses as a reason … Read more
Mumbai: Ahead of the presentation of the Union Budget 2020-21, largest pure play home financier HDFC on Tuesday pitched for a one-time loan recast for realty projects. Its Chairman Deepak Parekh said lenders are not able to write new loans for projects because a new borrowing by an entity which is already a non performing … Read more
MUMBAI: Country’s largest public sector lender State Bank of India on Wednesday announced a ‘residential builder finance with buyer guarantee’ (RBBG) scheme aimed at giving a push to residential sales and improve homebuyers’ confidence. Under this scheme, the SBI will issue a guarantee for completion of select residential projects to customers which have availed home … Read more