HFCs have slowed down their loan disbursements | RealtyMyths

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The NBFC crisis has been a tip of the iceberg of the ongoing headwinds faced by the real estate industry. The debacle of one of the largest NBFCs in the country which surfaced in September 2018.

Mumbai: Housing finance companies (HFCs) have slowed down their loan disbursements and this can have a spillover impact on both retail home loan borrowers and property developers, said India.

A direct correlation can be seen as many NBFCs have been facing liquidity challenges resulting in slower loan disbursements and eventual fall in demand and consumption. MUMBAI: India’s GDP growth slowed to 6.6 per cent in the October-December quarter of 2018-19, the lowest rate in five quarters, primarily due to the stress among the non-banking finance companies (NBFCs).

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A blog about AKDA | Amit Khanna Design Associates is an architecture and interior design firm based in New Delhi, India. AKDA is a multi-disciplinary design studio with expertise in handling architecture,interiors, furniture & products.. Going Green with Building Materials via @RealtyMyths.