Tag: Homebuyers Pick Top Real Estate Developers

India’s Realty Industry is Sinking, as Real Estate Companies Filing Bankruptcy has Doubled in One Year Fueling Biggest Ever Crisis

Unsold Houses, Real Estate Sector, Liquidity Crunch, Non-Banking Finance Companies, NBFCs, Liases Foras, Mumbai Metropolitan Region, National Capital Region, Bengaluru, Hyderabad, Chennai, Pune, Real Estate, Real Estate Developers, Homebuyers, Real Estate Sector, Propequity, Homebuyers Pick Top Real Estate Developers, GST, Demonetisation, Delhi, NCR, Indian Cities, Realty, Residential Real Estate Market In India, Real Estate Market In India, Real Estate (Regulation And Development) Act, Knight Frank Report, Real Estate News, Realty Market In India, Housing Prices, Real Estate Consultancy

The count of realty firms entering bankruptcy has doubled in less than a year since IL&FS went belly-up, Bloomberg reports.The number has risen from 209 in September 2018 to 421 in June 2019 as a resultant credit squeeze impaired developers’ ability to complete projects and service their debt.

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