Solid Financial Reforms are Needed to Uplift the Distressed Real Estate Sector

Autor: Syed Hasan Jafar
Rok vydání: 2020
Předmět:
Zdroj: International Journal of Business and Management Research. 8:99-100
ISSN: 2347-4696
DOI: 10.37391/ijbmr.080401
Popis: After the pandemic COVID-19 breakout, there has been a significant decline in the property listings. Though the Centre has focused on the affordable housing space for reforms, there has been no visible reforms in view of the realty developers. Due to the recent moratorium imposed on the term loans, credit sources have been tightened for the realty developers coupled with other aspects. Given the difficulty in credit availing conditions in the sector, the article discusses the distressed funds as alternatives to uplift the sector. However, there are certain hurdles for the distressed funds in the form of capital structures to act quickly and operate efficiently. The article in this regard discusses certain changes in the regulatory framework that allows flexibility in the capital outlay in the residential real estate projects.
Databáze: OpenAIRE