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Funding the realty sector
Mar 21, 2014
HYDERABAD: The Reserve Bank of India’s diktat to banks to link the disbursal of home loans to stages of construction, to protect the interests of buyers and contain the fallout of ‘innovative’ housing finance schemes, has yet again revived the debate over the right funding formula to sustain the real estate business. Developers have experimented with numerous funding options. Nevertheless, many of them are now being forced to seek other unregulated sources of funding, which come at a significant

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