Business 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. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.