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As more industries report a slowdown, real estate goes from bad to worse

Updated : August 23, 2019 08:15 AM IST

A JLL India report shows that NBFC funding to real estate has nearly halved – going from Rs 52,000 crore in FY18 to Rs 27,000 crore in FY19.
PropEquity estimates that the number of builders in India’s top 9 markets has halved between 2012 and 2018 – going from 3,500 to 1,700.
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