The residential realty is declared as unpredictable!
Similar is the case with commercial property, wherein the completion of new projects are getting delayed.
According to the recent data collected, the construction of commercial realty is left incomplete by almost 45 percent.
A remark of severe cash crunch!
Midst drop down in realty sales and heavy funds sanctioned by private equity companies, the present commercial realty sector is drained completely with cash crunch.
Also the Foreign Direct Investments (FDI) in realty sector has declined by Rs 4,000 crore from past a year.
Source: Money control
Tags: Cash crunch, Commercial Property, Commercial realty sector, Construction of commercial realty, Drop down in realty sales, Foreign Direct Investments (FDI), Private equity companies, Residential realty
