OTCQB:DGWR - Post by User
Comment by
morganagordonaon Jun 30, 2011 3:36am
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Post# 18783141
RE: Real-Estate Firms Turn to Non Banks for Capita
RE: Real-Estate Firms Turn to Non Banks for Capita
This year, analysts say such lending to the sector would rise in the form of general-purpose loans that developers can put to a variety of uses.
"The current [non-banking finance companies'] appetite for the real-estate sector would be about 40 billion rupees," said Amit Goenka, national director of capital transactions at Knight Frank India, a property advisory. "But the concern is that the latter's need for capital is much more".