No Refinancing Available For Developers, Says JLL’s Ramesh Nair
Cranes operate on residential construction site next to a highway in Bengaluru. (Photographer: Lakshmi Samyukta/Bloomberg)

No Refinancing Available For Developers, Says JLL’s Ramesh Nair

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Lending by non-banking financial companies to developers is estimated to fall by about 70 percent this fiscal as credit dried up after the IL&FS crisis, according to property consultant JLL India.D...
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