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Projects making financial and economic sense attracts banks to finance

Tags: Neeraj Bansal, KPMG India, Prashant Solomon, Shaji Varghese, PNB Housing Finance Limited, Estate Summit 2015, Real Estate, Franchise India

December 05, 2016  |  Comments ( 0 )   |   Views ( 881 )   |   

 

Neeraj Bansal, Partner Advisory Services & Head " India BCRE Sector, KPMG India says many investments which have been done are in the debt nature and the debt has a cycle to itself, because of which projects gets delayed. According to Shaji Varghese, General Manager & Business Head, PNB Housing Finance Limited lot of banks headline for large size of NPA (Non Performing Asset) like 3 to 4%, but when it comes to mortgage asset, which is amounting at 10 lakh crore has its own NPA ratio. Prashant Solomon, President, Chintel Developers talks about pooling of skills and how more and more developers are looking at co branding and pooling of skills as well to finish a project.

 

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