Maharashtra extends validity for building nod, NOCs by nine months Read more at https://realty.economictimes.indiatimes.com/news/regulatory/maharashtra-extends-validity-for-building-nod-nocs-by-nine-months/76207815

Extending RERA deadline for real estate projects “illegal”, homebuyers write to PM Modi Read more at https://www.moneycontrol.com/news/business/real-estate/extending-rera-deadline-for-real-estate-projects-illegal-homebuyers-write-to-pm-modi-5372711.html

Real estate may bounce back sooner than expected post Covid-19 Read more at https://www.financialexpress.com/money/real-estate-may-bounce-back-sooner-than-expected-post-covid-19/1983190/

Builders should lower home prices, clear inventories: Uday Kotak, President, CII During his first press conference as the new head of Confederation of Indian Industry (CII), Kotak said he is in agreement with Commerce and Industry Minister Piyush Goyal on the issue.Re   read more at https://realty.economictimes.indiatimes.com/news/industry/builders-should-lower-home-prices-clear-inventories-uday-kotak-president-cii/76207753

Real estate does not need a small impetus but vital reforms for growth: KP Singh, DLF Real estate, construction and urban infrastructure are the most important sectors of the economy of a country anywhere in the world, says DLF’s KP Singh. read more at https://realty.economictimes.indiatimes.com/news/industry/real-estate-does-not-need-a-small-impetus-but-vital-reforms-for-growth-kp-singh-dlf/76207574

Maharashtra extends validity for building nod, NOCs by nine months The state’s urban development department on June 4 sent letters to all urban local bodies directing them to comply with the orders and exempt penalties, interest and process for extension to all dues dates which came to an end on March 25 or during theContinue reading

Construction sector to see 12-16% decline in investment in FY21: CRISIL Read more at https://www.moneycontrol.com/news/india/construction-sector-to-see-12-16-decline-in-investment-in-fy21-crisil-5359861.html

Piyush Goyal suggests real estate developers to sell now and not wait for the market to improve: Report Read more at https://www.moneycontrol.com/news/business/piyush-goyal-suggests-real-estate-developers-to-sell-now-and-dont-wait-for-the-market-to-improve-report-5357131.html

In November last year, the central government announced a Rs 25,000-crore fund to help complete over 1,500 stalled housing projects, including even those that have been declared NPAs (non-performing assets) or admitted for insolvency proceedings. https://realty.economictimes.indiatimes.com/news/industry/sbicap-ventures-lowers-irr-to-12-in-stress-fund-for-stalled-housing-projects/76128407