Tips For Real Estate Developers To Overcome The Liquidity Crisis

Tips For Real Estate Developers To Overcome The Liquidity Crisis

A shocking default by the IL&FS (Infrastructure Leasing and Financial Services) Group triggered a liquidity crisis in the economy. This led many lenders to turn selective when it came to investing their funds in real estate. Since then the real estate developers have been struggling to raise their funds. Non-bank lenders that were a constant source of financing have been the worst hit and which made refinancing even more difficult. The stricter housing laws coupled with the economic slowdown has forced the developers staring at huge inventory pile-up. However, developers can surely plan alternative ways to complete their unfinished products.…

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