NBR Developers
Citiescities-arrow
  • more-arrow-down
    • Please wait while loading other cities loading...

Real Estate Developers under stress

  • No. 1 Property Portal in India
  • Over 25 Lakhs Apartments and More
  • Post Free Residential Properties in India
  • Find Property in Bangalore
  • Buy/Sell/Rent Apartments in India
  • Search Latest Residential Property in India
  • Get Free Alerts on Property Requirements
  • Find Agents/Buyers for your Property
mobile-ad
Indian economy is facing a cash flow disaster; banks stay cautious on lending funds to the realty segment. Developers are bearing deadline stress in delivering ventures and are forced to hit private fund lending sources. As a result, they are forced to borrow money at arduous rates.
Managing Director of Kailash Nath Associates said to the www.propertykhazana.com that, “The rate can be higher than 5-6% per month. Rate of 5% interest per month vary to a highest 55-60% per year. It implies that developer has to pay for about Rs. 5,000-6,000 for every Rs. 10,000-11,000 raises. Builders are not having funds to build and have forthcoming delivery deadlines. Realty specialists fear that some builders might even bankruptcy”, he added.
Senior official of JLLM says, players with enhanced fundamentals might still find fund at 20-25% rate of interest. But others have to pay rising of 20-30% also. Adding his voice, Executive of Mahindra World City said at the www.propertykhazana.com that, “a small number of petite developers might have to depart the business in chorus, if market do not rise up. The crisis is turning worst, as economy is slow and over supply of commercial space and will be taken into account by realty consultants. Costly housing loans have turned away the housing purchasers and nearly 90-95% purchasers utilize bank finance for residence buying. For more and latest realty updates follow www.propertykhazana.com.
Source: NBTVLIVE

Property Listings

Apartments, Flats and Property for Sale in Mumbai

May 15, 2017
2 x 1 BHK Jodi flats with hall wall sharing - call for more..
May 07, 2017
JK PROPERTY SAI SIDDHANT PALACE 1 BHK/ 2 BHK- ARE AVAILABLE READY POSESSION FLATS {15 MIN} WALKABLE DISTANCE FROM STATION . PER SQ.FT..
Apr 14, 2017
Fully Furnished 3 BHK, 4 balconies, Covered Parking, Nr. School, Hospital and International Airport in the located..
Mar 01, 2017
A very good opportunity flat Nalasopara east location pragtinger very low. Buggat price 1rk 1bhk 2bhk flat available ready to move flat..
Feb 28, 2017
1 bhk flat for sale at Kharghar at 30 LAKH (Include ALL.) # Location : Kharghar # Sector : 37 (Near Navi Mumbai tallest building – arihant..
Feb 02, 2017
Flat for sale 2BHK ground floor, Nectar 3 Apartment fully furnished with electronics equipments, lawn and garden Useable area 1000 sqft.CCTV..
Jan 22, 2017
1BHK Flats for sale in navi mumbai in ready possession and under construction with affordable rate.call on..
Jan 19, 2017
2 Bhk Furnished Ready to move apartment with Car..
Jan 19, 2017
buildind G+3,14 flats and 2 shops, 24 hour water supply,80% completion, Area:495sq.ft, Rate 3000sq.ft,only 700 mtrs from Navade station,3 km from..
Jan 16, 2017
still+4 with lift, 2 bldg total 80 flat out of which 68 flats are 1 Rk and 1Bhk are 12 flat. Hospital, colleges,School and Market a whistile away...
spacer

Apartments, Flats and Property for Rent in Mumbai

May 09, 2017
1BHK OF 225 in 24 floors tower, 3 lifts, open parking, 24/7 CCTV and security, only 5 min walking distance from cotton green station and 8 min..
Apr 17, 2017
Very good 2.5 bhk on rent on main Band Stand. full sea..
Mar 27, 2017
FULLY FURNISHED 5BHK FLAT AVAILABLE FOR RENT DIRECTLY FROM..
Jan 04, 2017
2 BHK FURNISHED APARTMENT AVAILABLE AT MALAD EAST, GOREGAON FILMCITY ROAD,MUMBAI. Rent 35,000 / - Security Deposit Rs.1,25.000/-. Interested..
Dec 03, 2016
PG accommd for 4 girls sharing at vakola pipeline santacruz east Mumbai India Rent 7000 call landlady 9768546430..
Sep 02, 2016
2 BHK SPACIOUS FLAT FOR RENT AT KHARGHAR – NAVI MUMBAI. # Location : Kharghar. # Sector : 18, (near to central park, golf course and ..
Aug 12, 2016
# Location : Kharghar , sector - 3 # Sector : 3 # Area : 635 sq ft # Rent : 10000 # Deposit : 40,000 # Parking : open # Balcony : balcony #..
spacer
spacer
spacer
spacer
spacer