The Reserve Bank of India’s draft guidelines for foreclosure on home loans, loans against property, and SMEs could boost competition among lenders and affect profitability. The new rules aim to increase borrower flexibility by waiving pre-payment penalties and foreclosure charges, impacting non-bank lenders and housing finance firms.
AIFs, not luxury apartments: How India’s wealthy are reimagining real estate investments, says Karthik Athreya
Indian high-net-worth individuals are increasingly favoring Alternative Investment Funds (AIFs) for real estate investments, moving away from direct ownership. This shift is driven by the