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Debt rate will create pressure on Real estate

Comments(2) Sub Category:Uncategorized Posted On: Mar 09, 2012

The repayment of loans due to the bankers will create an enormous pressure to the real estate industry. This March 2012 will be an assessment time for the bankers for the outstanding loans.

Previously different bankers restructured the loan amount and deferred the repayment schedule. However the situation in 2012 is completely different.

During last few years both the builders and the customers borrowed loans at a very high interest rate. And the builders constructed apartments almost every possible areas.

Now the scenario is there is a huge stock of unsold apartments in various locations where city life is yet to take off.

To discuss more Click Here

Source The Economic Times

2 Responses to “Debt rate will create pressure on Real estate”

  1. Sabastian Haan says:

    Hey Admin,
    Hope you are fine and doing well. I am Sabastian from Oak View Law Group and I want to contribute an unique and relevant article at your commonfloor. com
    Please let me know that how many words count you allow?

    Your positive reply will be highly appreciated.

    Regards,
    Sabastian.

  2. pratap says:

    I appreciate your writing:) Good write up!!

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