Indian Real-Estate Developers at Risk as Credit Dries Up
The two towers of Trump Tower Mumbai, right, stand under construction at Lodha The Park, a luxury residential project developed by Lodha Developers Ltd., in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)  

Indian Real-Estate Developers at Risk as Credit Dries Up

(Bloomberg) -- Indian developers are at risk of going belly-up as mounting stress in the nation’s credit market dries up funding even for those willing to pay decade-high rates.
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