Prøve GULL - Gratis
Govt moves to fix real estate mess
Hindustan Times Delhi
|November 10, 2025
Aims to revive stalled projects, insolvent developers and speed up debt recovery
The ministry is in the process of setting up a committee with members from different ministries and regulatory agencies.
(MINT)
India is gearing up for a significant overhaul of its real estate insolvency framework, with the Ministry of Corporate Affairs (MCA) initiating high-level discussions across government ministries and regulatory agencies aimed at swiftly completing thousands of stalled housing projects.
The ministry is in the process of establishing an inter-ministerial committee charged with designing a blueprint of “commercially viable systemic reforms” to address the deep-seated distress in the property sector, two people aware of the development said. The central goal is to restore public confidence and accelerate debt resolution for insolvent developers.
The urgency stems from a crisis where vast sums of investor capital are trapped in delayed projects. An expert committee led by former G20 Sherpa Amitabh Kant noted in July 2023 that investments exceeding ₹4 lakh crore were stuck in over 412,000 stressed dwelling units across the country. That figure, based on data from the Indian Banks Association, is widely believed to have increased since then.
Denne historien er fra November 10, 2025-utgaven av Hindustan Times Delhi.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Hindustan Times Delhi
Hindustan Times
‘Tobacco excise duty not extra tax, revenue to be split with states’
The government is restoring the full incidence of excise duties on tobacco and its products that were carved out as the GST compensation cess in 2017, Union finance minister Nirmala Sitharaman told the Lok Sabha, reiterating that revenues thus collected would be part of the divisible pool to be shared between the Centre and states.
2 mins
December 04, 2025
Hindustan Times
Amplify public outreach, PM tells Bengal BJP MPs
Prime Minister Narendra Modi held a meeting with Bharatiya Janata Party (BJP) MPs from West Bengal on Wednesday and directed the lawmakers to redouble their public outreach ahead of the upcoming assembly polls in the state and focus on special intensive revision (SIR ) as a mechanism to ensure the sanctity of the electoral rolls, people aware of the details said.
1 mins
December 04, 2025
Hindustan Times
Centre calls for major push to curb emissions
States across north India have been directed by the Centre to intensify district-wise pollution control efforts, with a particular emphasis on cities around the national capital, Delhi environment minister Manjinder Singh Sirsa said on Wednesday.
1 mins
December 04, 2025
Hindustan Times
Bomb threat at 2 DU colleges, declared hoax
Two colleges affiliated with the Delhi University received bomb threat emails on Wednesday morning, triggering panic and deployment of police and bomb squads at the colleges.
1 mins
December 04, 2025
Hindustan Times
From student leader to the helm of Delhi's governance
The first Bharatiya Janata Party leader to head Delhi in nearly three decades, Rekha Gupta has made a mark for herself in the Capital's administrative and governance structure in the span of a few months.
1 min
December 04, 2025
Hindustan Times
A new deal for India-Russia ties
It's time New Delhi and Moscow add depth to the legacy relationship by expanding the trade basket
2 mins
December 04, 2025
Hindustan Times
HRY WOMAN KILLS 3 GIRLS OVER 2 YRS, CAUGHT: POLICE
Panipat police have cracked the case related to a six-year-old girl's death, whose body was found on Monday, an officer aware of the development said on Wednesday, revealing that she was allegedly murdered by her 32-year-old aunt, said to be a psychopath, who also killed two other girls in the past two years and her own six-year-old son to avoid suspicion.
1 min
December 04, 2025
Hindustan Times
War, peace and democracy in Europe
The Russia-Ukraine conflict when it started in February 2022-some see Russia's annexation of Crimea in 2018 as its beginning - was seen by many commentators as a battle to preserve the post-Cold War liberal order.
3 mins
December 04, 2025
Hindustan Times
Raccoon goes on drunken rampage in liquor store, passes out in toilet
The masked burglar broke into the closed Virginia liquor store early on Saturday and hit the bottom shelf, where the scotch and whisky were stored.
1 min
December 04, 2025
Hindustan Times
Economic policy maven, prolific author-columnist
James K Galbraith is the Lloyd M. Bentsen Jr Chair in government/business relations at the Lyndon B. Johnson School of Public Affairs and holds a professorship in Government at The University of Texas at Austin.
1 min
December 04, 2025
Listen
Translate
Change font size