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Q: What is the status of rates of residential units in the second quarter?
Latest Answer: The realty market at present is very tight. This is evident from the fact that getting 30 crore from PE funds and banks is a hard nut to crack for small developers. I think this is the ideal time for money lenders to step in. Lack of money often compels a developer to discontinue with construction and that leads to non-payment of installment from the buyers. This is where money lenders come to the rescue.
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