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Tuesday, August 19, 2025
TopicReal estate

Topic: real estate

Govt is late with real estate package. Fixing economy sector-by-sector unlikely to help

ThePrint view on the most important issues, instantly.

Modi govt’s Rs 25,000 crore fund can only help 6% of stalled real estate projects

The new fund is an improvement on a real estate corpus announced in September but isn’t enough to cover the entire problem in the sector.

Modi govt announces Rs 25,000-crore fund to help complete stalled housing projects

Govt will contribute Rs 10,000 crore to the new fund, while SBI and LIC will put up the rest, said Finance Minister Nirmala Sitharaman.

Dubai applies brakes on real estate as oversupply leads to empty buildings

The property glut has forced Dubai’s leadership to draw the line on new projects. Some developers are holding off on planned projects.

Mumbai’s Trump Tower builder Lodha dumps luxury for cheaper homes amid slowdown

Macrotech Developers will cut the share of premium housing from its portfolio to focus on affordable houses & office space, Abhishek Lodha says.

Stalled residential projects worth Rs 4.47 lakh crore sound warning for banks in India

Property developers are locked in a downward spiral with shadow banks, pushing them towards default and in turn casting a shadow on traditional banks.

Nirmala Sitharaman’s Rs 20,000 crore housing fund not enough to revive sector

The fund won’t solve problem of delayed or stalled projects & affected home seekers as majority are under litigation or are NPAs which fund won’t support.

Shipping ministry ready with mega plan to turn Mumbai port land into a new mini city

Ministry wants to develop a satellite city that will include a residential district, commercial district, a central park and maritime tourism.

Kotak Realty Fund warns of a $65 billion bad-loan crisis, recommends lenders cut credit

A delay in lending to residential projects is adding to the mounting default risk, with as many as 5.60 lakh homes worth Rs 4.5 lakh crore stuck in top cities.

Singapore rich kids end up with penthouses as parents skirt tax

Property agents have seen an up-tick in apartments being bought by wealthy families for their children ever since property cooling measures came into effect.

On Camera

Wang Yi’s Delhi visit shows India is shifting away from US, say Chinese analysts

Even as Chinese discourse celebrates rapprochement, commentators stress its fragility. A thaw does not equate to normalisation of bilateral ties.

Amid Trump’s tariff bombs, India’s business with America surged while imports from Russia dipped 10%

As India-Russia trade decreases, India's April-July exports to the US this year increased by 21% compared to last year & imports from the US grew by 12%.

India provides Nepal with military equipment, medical supplies; PM Oli likely to visit next month

New Delhi: India has handed over military equipment, medical supplies, trained dogs and horses to the Nepalese Army Monday, ahead of Prime Minister K.P....

War of IAF, PAF doctrines: As Pakistan obsesses over numbers, India embraces risk, wins

Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?