25k crore fund to revive stalled housing projects

1022
housing projects

Gurugram: The recent announcement of the government has elated the real estate sector as it approved the creation of an Alternative Investment Fund (AIF). The fund aims to revive stalled housing projects through a corpus of ₹25000 Crores. It will kick start the completion process of the 1600 housing projects and 458000 housing units stalled due to the dearth of funds. Of the total stalled projects about two lakhs are in NCR and one lakh in Mumbai. Such a measure is expected to bring fervor in the industry.

Online Internship with Certification
Online Internship with Certification

Important Announcement – EasyShiksha has now started Online Internship Program “Ab India Sikhega Ghar Se


How EasyShiksha Internship/Training Program Works
How EasyShiksha Internship/Training Program Works

Top Courses in Virtual Reality

Top Courses in Virtual Reality

Loading...

More Courses With Certification

Government will infuse ₹10000 crore in the fund while the remaining ₹15000 crore will be contributed by State Bank of India, LIC and other financial institutions. The fund will help incomplete housing projects of less than ₹Two crores per unit in Mumbai, ₹One and half crores per unit in other metros including national capital region (NCR) and ₹One crore per unit in other parts of the country get ready for move-in.

Top Courses in Software Engineering

Top Courses in Software Engineering

Loading...

More Courses With Certification

We welcome the announcement by the Finance Minister to set up a `Special Window` in the form of AIF and dedicate a fund of 25,000 crore for the completion of stalled housing projects. The move is expected to create an avenue of relief to homebuyers and the developers in the sector. The specific fund is expected to revive 80% of the real estate projects. This action by the government will induce cash flow in the system and kick start the revival process. This decision will not only help in completing the stuck projects in this sector, but will also regain the confidence of buyers to invest in real estate. The benefit will surely be felt in NCR and Mumbai region.


Top Courses in Quality Management System

Top Courses in Quality Management System

Loading...

More Courses With Certification


Top Courses in Project Management

Top Courses in Project Management

Loading...

More Courses With Certification

 – Ashish Sarin, CEO, AlphaCorp 

Falling prices, shrinking sales and piling inventory have collectively created hurdles before the developers. Situation was worsening as the fear of default made financial bodies reluctant to lend for these projects. The consequent slump in the construction affected current jobs and future job prospects. The move would help generate considerable employment opportunities.

In an another relief, the industry players facing insolvency proceedings are allowed to avail funds, who were earlier debarred from the September package. The fund will also be available for projects declared defaulters. All these inclusion will collectively improve market sentiments for the real estate sector.

Online Courses with Certification
Top Courses in Computer Science Engineering

Top Courses in Personal Development

Loading...

More Courses With Certification

Top Courses in Networking

Top Courses in Networking

Loading...

But, to avail the benefits of the fund the projects need to be registered in RERA (Real Estate Regulation and Development Act). Besides, they should have a positive net worth. Projects declared an NPA or are before the NCLT but not asked for liquidation will also get benefits. Financially viable projects lacking funds will be at the core and will get benefits from the allocation.

Empower your team. Lead the industry

Get a subscription to a library of online courses and digital learning tools for your organization with EasyShiksha

Request Now
Frequently Asked Questions

Q. Are EasyShiksha's internships truly free?

Yes, all internships offered by EasyShiksha are completely free of charge.

Q. How can I apply for an internship with EasyShiksha?

You can apply by visiting our website, browsing available internships, and following the application instructions provided.

Q. What types of internships are available through EasyShiksha?

EasyShiksha offers a wide range of internships across technology, business, marketing, healthcare, and more. Opportunities are continuously updated.

Q. Will I receive a certificate upon completing an internship?

Yes, upon successful completion, you will receive a certificate recognizing your participation and achievements.

Q. Are EasyShiksha's internship certificates recognized by universities and employers?

Yes, the certificates are recognized by universities, colleges, and employers worldwide.

Q. Is the download of certificates free or paid?

Access to internships and courses is free, but there is a small fee to download certificates, covering administrative costs.

Q. When can I start the course?

You can choose any course and start immediately without delay.

Q. What are the course and session timings?

These are fully online courses. You can learn at any time and pace. We recommend following a routine, but it depends on your schedule.

Q. What will happen when my course is over?

After completion, you will have lifetime access to the course for future reference.

Q. Can I download the notes and study material?

Yes, you can access and download course materials and have lifetime access for future reference.

Q. What software/tools would be needed for the course?

All necessary software/tools will be shared during the training as needed.

Q. I’m unable to make a payment. What should I do?

Try using a different card or account. If the problem persists, email us at info@easyshiksha.com.

Q. Do I get the certificate in hard copy?

No, only a soft copy is provided, which can be downloaded and printed if required.

Q. The payment got deducted but shows “failed”. What to do?

Technical errors may cause this. The deducted amount will be returned to your account in 7-10 working days.

Q. Payment was successful but dashboard shows ‘Buy Now’?

Sometimes payment reflection is delayed. If it takes longer than 30 minutes, email info@easyshiksha.com with the payment screenshot.

Q. What is the refund policy?

If you face technical issues, you can request a refund. No refunds are issued once the certificate has been generated.

Q. Can I enroll in a single course?

Yes, select the course of interest, fill in the details, make payment, and start learning. You will also earn a certificate.

Q. My questions are not listed above. I need further help.

Contact us at info@easyshiksha.com for further assistance.

ALSO READ: dlf the ultima welcomes this winter with the kids carnival

Get Course: Java Tutorial for Beginners Course2

Download this article as PDF to read offline: