Alternative Investment Fund (AIF)
Funding For Single Housing Project Wrapped At Rs 400 crore: Finance Ministry
Govt Wrapped at Rs 400 Crore for Single Housing Project A day after declaring Rs 25,000 crore Alternative Investment Fund (AIF) for stalled housing projects by FM Nirmala Sitharaman, has made it clear that residential housing projects facing litigation in High and Supreme Court will not be cover under this funding plan. At the same […]
FM Nirmala Sitharaman: Govt Announces Rs 25,000 crore Alternate Fund For Realty Sector
Key Highlights: Cabinet Approved Rs 25,000 crore alternate fund for stalled housing projects. The government will invest Rs 10,000 crore in this fund while SBI, LIC, and other sovereign funds will generate funds of Rs 25,000 crore in all. Over 1,600 delayed housing projects with 4.58 lakh homes to benefit from this fund. Only RERA-registered […]
