Funding sources for Developers dwindle down

Realty developers are falling short of funds as funding sources are dwindling down.
The crunch is even more taxing in face of high interest rates and increasing property prices as well as those of steel and cement.

The increase in the prices of steel and cement, the input costs have increased by 20-25 per cent, which developers have to absorb for now.

According to reports, the liquidity crunch will have a greater impact in near future as real estate prices are likely to head south in the next 3-6 months.

One of the outcomes of the shortage is that the realty developers are reducing the prices of their projects. Reportedly, DLF sold projects in Chennai and Manesar (Haryana) at Rs. 2,250 per Sq. Ft. . other developers are offering various incentives such as free parking or free registration.

Many middle-level and local real estate developers are roping in private equity firms for funds.

Home Loan City

Home Loan Banks

Home Loans Guide

Home Loan in Mumbai SBI Home Loan Home Loan Interest Rates
Home Loan in Bangalore HDFC Home Loan Compare Home Loan
Home Loan in Hyderabad ICICI Bank Home Loan Home Loan Eligibility
Home Loan in Delhi Bank of Baroda Home Loan Home Loan Process
DHFL Home Loan Home Loan EMI
Axis Bank Home Loan Home Loan Top Up
IndiaBulls Home Loan
LIC HF Home Loan
IDBI Bank Home Loan

You may also like