Developers Focus on Delivery to Reduce Debt
No Comments Sub Category:Bangalore,Realty News,Residential Real Estate Posted On: Dec 05, 2019
Listed real estate professionals are now more careful about debt level and new launches. They are centring on completion and deliveries of residential flats, helping them to push down their debt but also accumulating more market share.
As per ICRA, India’s top 10-builders sold 14.55 mn sq.ft. in H1 FY2020. The Y-o-Y growth in sales volumes, though lower than the high levels of the past two years, was a healthy 12%, in spite of the prevailing shock of continued funding difficulties on the back of the NBFC slowdown and overall instability in demand. For detail reading, Click HERE
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