 "Housing market, Homes, Real estate, Realty")
With a clean-up underway in the real estate sector and tight underwriting standards, finance companies are stepping up funding for projects and developers.
The strong demand in real estate -- residential, commercial, and logistics -- is giving confidence to the likes of JM Finance, Piramal, LIC Housing, and Indiabulls Housing Finance.
Lata Pillai, managing director and head (capital markets), real estate consultancy firm JLL, said: “We see more avenues for developers to get funding. Even the existing lenders are taking a relook at the real estate sector.”
Many of them had paused additional funding owing to the challenges the sector faced. After the
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