Rs 45000 crore realty debts a bad start for year 2012!
2012 realty economy is up already started and there are lot of expectations from the investors, developers and property buyers point of view.
There are huge amount of construction sectors which is kept unsold.
Along with this the realty industry is in debt even toady with more than Rs 45,000 crore.
The unlisted players who were busy running back focusing on project execution and also timely delivery.
To delivery all these projects and rushing back of all these things the builders have grown a heap of debts which is yet to be cleared. The gross bank lending to the realty developers has therefore lead to this scenario.
However, to have a successful realty transactions ahead the developers should make sure to clear all the debts making easy for the financing sectors also.
Source: First Post
2012 realty, Builders, Construction sectors, Developers, Financing sectors, Gross bank lending, Investors, Project execution, Property Buyers, Realty developers, Realty industry, Realty transactions, Unlisted players
