I. J. of Business & Management Research
Commentary Article | 
Solid Financial Reforms are Needed to Uplift the Distressed Real Estate Sector
Author(s) : Syed Hasan Jafar
Publisher : FOREX Publication
Published : 30 December 2020
e-ISSN : 2347-4696
Page(s) : 99-100
Abstract
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.
Keywords: Financial reforms , Real estate , ARC, AIF , Loan, Bank
Syed Hasan Jafar, Assistent Professor, Department of Finance, Woxsen University, Hyderabad, India, Email: syedhasan.jafar@woxsen.edu.in
[1] https://www.cnbctv18.com/real-estate/magicbricks-reports-up-to-5-dip-in-realty-prices-in-april-june-property-searches-down-27-6280071.html.
[2] https://www.thebalance.com/distressed-debt-investing-and-how-it-works-4176037.
[3] https://www.newindianexpress.com/opinions/2020/jun/30/flexibility-required-for-distressed-funds-in-real-estate-2163216.html
Syed Hasan Jafar (2020), Solid Financial Reforms are Needed to Uplift the Distressed Real Estate Sector. IJBMR 8(4), 99-100. DOI: 10.37391/IJBMR.080401.