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Nisus Finance to invest Rs 500 cr in distressed, incomplete realty projects by March
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Nisus Finance to invest Rs 500 cr in distressed, incomplete realty projects by March

SynopsisNisus Finance had launched its first fund named ‘Real Estate Asset Performance Fund 1’ totalling Rs 430 crore, which was invested across nine projects.Nisus Finance, a debt fund focused on real estate, plans to invest the entire Rs 500 crore from its second platform by March next year, as it sees good opportunities for providing…

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Jammu & Kashmir notifies RERA
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Jammu & Kashmir notifies RERA

SynopsisExperts are not sure how the markets in the two new UTs will respond. As on July 2020, 53364 real estate projects have been registered under RERA across the country. The number was 43,208 projects by the end of July 2019.ANIFollowing the scrapping of J&K’s special status, it will be treated like any other state…

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Supreme Court allows sharing of resolution plan of real estate firm Unitech Ltd
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Supreme Court allows sharing of resolution plan of real estate firm Unitech Ltd

SynopsisThe Supreme Court on Friday said the resolution plan of the newly-constituted board for Unitech Ltd can be shared on its portal to solicit suggestions from the parties to help resurrection of the embattled real estate firm. Supreme Court on Friday said the resolution plan of the newly-constituted board for Unitech Ltd can be shared…

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China’s aggression in Ladakh, Bhutan indicative of its intentions: Mike Pompeo
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China’s aggression in Ladakh, Bhutan indicative of its intentions: Mike Pompeo

SynopsisIndian and Chinese troops have been locked in a bitter standoff in several areas along the Line of Actual Control in eastern Ladakh since May 5. The situation deteriorated last month following the Galwan Valley clashes in which 20 Indian Army personnel were killed. China’s recent aggression in India’s eastern Ladakh and claims for the…

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