PMAY a boost to Indian Economy

 By Rohit Sharma Pradhan Mantri Awas Yojana (PMAY) Urban or Rural with Public-Private Partnership (PPP) model has boosted Real Estate with help government initiative many developers and builder which use to deliver luxury projects now with this they have jumped to the affordable housing market. In an exclusive interview with Hardeep Singh

Indiabulls Finance raises Rs 315 crore for affordable housing sector

By Accommodation Times Bureau NEW DELHI A home-loan provider firm, Indiabulls Housing Finance Limited (IBHFL) has raised about Rs 315 crore via masala bond, IBHFL said in a statement on Wednesday. The company stated in a statement that, the Indian currency denominated bond proceeds will be used for financing the affordable housing sector. “This

RBI Detonate Banks Exposure to REITs, InvIts at 10% of Unit Capital

By Accommodation Times Bureau The Reserve Bank on September 25 amended the codified acts, to make it possible for loaners to invest in Reits and InvIts detonate such exposures to 10 percent of the unit capital of such instruments, and also to regulate their commodity derivatives play. In amendments to the Master Direction- Reserve Bank of India

Development of SEZs in India: Some Issues

Accommodation Times Research By L. Lakshmanan* Abstract of Report : Evolution of Special Economic Zones and some Issues: The Indian Experience submitted to RBI In India, the SEZs have been introduced as a growth driver through increase in export potential of the country, development of infrastructure facilities and generation of employment opportunities. The infrastructure development

Prohibition on Direct Investment outside India in Real Estate under FEMA Rules

By Accommodation Times News Services RESERVE BANK OF INDIA (FOREIGN EXCHANGE DEPARTMENT) CENTRAL OFFICE MUMBAI-400 001 Notification No. FEMA 120/ RB-2004 dated: July 7, 2004 In exercise of the powers conferred by clause (a) of sub-section (3) of section 6 and section 47 of the Foreign Exchange Management Act 1999, (42 of 1999) and in supersession

Moody’s: India’s PPP model to boost infrastructure investment

Moody's Investors Service says that enhancement of India's (Baa3 positive) public-private partnership (PPP) model could help attract more private sector investment towards infrastructure projects, and thus help address the country's very large infrastructure needs. India's economy is set to grow at the fastest pace among major economies in 2016 and 2017,

Wealth Management In India: Regulatory Issues

By Accommodation Times News Service By Avikshit Moral, Partner, Juris Corp, (Advocates and Solicitors) Summary of the Article This article discusses some of the regulatory issues in the wealth management industry in India such as regulatory overlap amongst the regulators, tax and exchange control laws and personal laws of the individual. India has