News From Press Realty funds step up investments but fail to address funding gap in sector

Realty funds step up investments but fail to address funding gap in sector

Source: Mint May 8, 2019

Home-grown real estate funds are stepping up investments in residential projects, but are unable to address the huge funding gap as non-banking financial companies (NBFCs) continue to lag in financing real estate projects.

The demand for capital is significant, particularly in the housing sector, as home sales continue to be slow and external financing is needed for construction and to service debt.

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