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Private lenders to add support to developers

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With strict norms of the banks and other govt. financial organizations now the realty houses are on the voyage to raise the private funds from various sources. Almost a huge response is offered by these private hands that were till yesterday was fond of making money through movies and theaters mostly. According to the source of www.propertykhazana.com, a massive offering is on the card for all the lenders for the developer who has completed their committed projects at many locations around the country.
Most importantly the private lenders are offered with double the stake of the project unlike the situation of a year ago. Joint MD of LaSalle Meghraj revealed to the www.propertykhazana.com that” all these schemes are the result of the low sale and booking rates of the sites that helped the initial construction but with downing realty graph this door has been closed. So creating a new way with the private hands to support the required liquidity is a solution out of the financial pressure by the developers”. For more updates visit www.propertykhazana.com.
Source: NBTVLIVE

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