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Real estate developers at risk as stress in credit market dries up funding

Cash crunch may shutter about 70% of developers: Goldman Sachs

Topics
Real Estate

Bloomberg  |  Mumbai 



realty, real estate, housing

The country’s developers are at risk of going belly-up as mounting stress in the nation’s credit market dries up funding even for those willing to pay decade-high rates.

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First Published: Mon, July 15 2019. 23:13 IST

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