{"id":66158,"date":"2017-09-12T10:01:14","date_gmt":"2017-09-12T03:01:14","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/helpless-homebuyers-thwart-indias-plan-for-quick-fix-to-bad-debt\/"},"modified":"2017-09-12T10:02:44","modified_gmt":"2017-09-12T03:02:44","slug":"helpless-homebuyers-thwart-indias-plan-for-quick-fix-to-bad-debt","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/helpless-homebuyers-thwart-indias-plan-for-quick-fix-to-bad-debt\/","title":{"rendered":"Helpless homebuyers thwart India\u2019s plan for quick fix to bad debt"},"content":{"rendered":"


\nFifteen miles east of India\u2019s capital lies Jaypee Wish Town, a sprawling 1,162-acre site spotted with unfinished residential towers that embody the human cost of the nation\u2019s bad-loan mess and point to the difficulty of resolving it.
\nJaypee Infratech, Wish Town\u2019s developer, is among the first 12 corporates that the central bank pushed into insolvency court after it was armed this May with new powers to expedite resolution of the nation\u2019s more than US$180 billion in…
\n
\nSource : South China Morning Post
\nRead more…Helpless homebuyers thwart India\u2019s plan for quick fix to bad debt<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Fifteen miles east of India\u2019s capital lies Jaypee Wish Town, a sprawling 1,162-acre site spotted...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-66158","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-hd4","jetpack-related-posts":[{"id":54657,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/india-inc-to-shore-up-its-finances\/","url_meta":{"origin":66158,"position":0},"title":"India Inc to shore up its finances","date":"May 14, 2017","format":false,"excerpt":"\r India Inc is conducting a fire sale of assets as banks struggle under more than US$190 billion in debt amassed through years of corruption, project delays and economic slowdown.Indian authorities are trying to clean up tens of billions of dollars of bad loans that are weighing on the country's\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18566,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/indias-property-rally-still-has-fuel-in-the-tank\/","url_meta":{"origin":66158,"position":1},"title":"India's property rally still has fuel in the tank","date":"July 4, 2016","format":false,"excerpt":"\r MUMBAI \/\/ India's residential market recovery in the top eight cities is expected to continue but at a slower pace, with sales rising 3.5 per cent in the second half after surging 6.6 per cent in the first, the property consultancy Knight Frank India said yesterday.Sales in the top\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108988,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-indias-tallest-building-ended-up-unfinished\/","url_meta":{"origin":66158,"position":2},"title":"How India\u2019s tallest building ended up unfinished","date":"July 15, 2019","format":false,"excerpt":"\r Bets on expensive property go bad in downturn, scaring off buyers and choking credit\r \r Source : ft.com\r Read more...How India\u2019s tallest building ended up unfinished","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":53936,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/indias-real-estate-law-faces-resistance\/","url_meta":{"origin":66158,"position":3},"title":"India's real estate law faces resistance","date":"May 6, 2017","format":false,"excerpt":"\r India's property market has long been troubled by unscrupulous developers and weak regulations. So it is no wonder that a new real estate law, which came into effect on May 1, is being closely watched. The hope is that the Real Estate (Regulation And Development) Act (Rera) will wipe\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95469,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-homebuyers-face-first-rise-in-mortgage-costs-in-12-years-as-early-as-september\/","url_meta":{"origin":66158,"position":4},"title":"Hong Kong\u2019s homebuyers face first rise in mortgage costs in 12 years as early as September","date":"August 6, 2018","format":false,"excerpt":"\r Hong Kong banks may increase lending rates for the first time in 12 years as early as September, meaning bad news for the city\u2019s home mortgage borrowers and credit card holders as well as for companies with heavy debt loads. Their cue would come from a rise in US\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102768,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/government-is-crazy-increase-in-mortgages-for-first-time-hong-kong-homebuyers-will-boost-debt-limit-cooling-measures\/","url_meta":{"origin":66158,"position":5},"title":"\u2018Government is crazy\u2019: increase in mortgages for first-time Hong Kong homebuyers will boost debt, limit cooling measures","date":"January 8, 2019","format":false,"excerpt":"\r A possible increase in the amount first-time homebuyers can borrow as mortgage may encourage people in Hong Kong to chase expensive property, further driving up prices in the world\u2019s most expensive property market, analysts have said. This comes after Paul Chan Mo-po, the special administrative region\u2019s Financial Secretary, hinted\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/66158"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=66158"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/66158\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=66158"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=66158"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=66158"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}