Has Government Schemes Benefitted The Real Estate Sector? Care Ratings

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Care Ratings Research Report.Real estate, which was once one of the booming sectors in the Indian economy has been experiencing a slowdown since the last few years.It started off with demonetisation in November 2016, followed by the introduction of Real Estate Regulatory Authority (RERA) in May 2017 and the subsequent rollout of good and services tax in July 2017.In order to provide relief to developers with unfinished projects and to ensure delivery of homes to buyers, the Government of India during November 2019 had announced a stimulus towards aiding the ailing Real Estate sector by infusing Rs 10,000 crore into an Alternative Investment Fund while the State Bank of India and Life Insurance Corporation contributed Rs 15,000 crore to the fund (Rs 25,000 crore overall)..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Has Government Schemes Benefitted The Real Estate Sector? Care Ratings

Has Government Schemes Benefitted The Real Estate Sector? Care Ratings

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