The RBI will constitute an Expert Committee which shall make recommendations on the required financial parameters, along with the sector specific benchmark, to be factored into debt resolution plans
Sentiment was buoyed after the 23rd Knight Frank-FICCI-NAREDCO Real Estate Sentiment Index Q42019 survey showed that the sentiment of the stakeholders in India have revived to the optimistic zone
Ansal Properties & Infrastructure, Marathon Nextgen Realty, DB Realty, Purvankara, HDIL and Sobha were down in the range of 4 per cent to 6 per cent on the BSE.