Kotak Realty Fund lend Rs 523 crore to real estate developers
The country’s fifth largest revenue private sector lender, Kotak Realty Fund has decided to lend Rs 523 crore to the real estate developers.
On behalf of same discussion, the Kotak Realty Fund expert say that they have raised money for debts from its present investors who are contended with the returns they have got till now.
Even though there is high inflationary environment, experts say that they are lending funds in order to reduce the stress faced by the real estate developers.
Also they made it clear that the funds are granted only with the assurance given by the real estate developers.
Source: The Financial Express
Debts, Funds, Funds granted, High inflationary environment, Investors, Kotak Realty Fund, Lending funds, private sector lender, Real Estate Developers, Realty News, Revenue
