HNIs are less interested to invest in Real Estate
It is reported as a tough time for the real estate industry in terms of fund rising. The entire cash inflow is struggling for the realty industry in India.
Previously the high networth individuals (HNI) were a good source of funds as realty industry were in favorite list for them.
However the crash of the market in 2008-09 made them bound to think twice. Now a days the HNIs are not showing any interest in investing in the realty market.
According to a financial advisor today the builders are directly approaching the HNIs for funds.
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Source : DNA India
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