2020 Indian real estate – limping back to a functioning liquidity cycle
A real estate expert breaks down the causes for the poor performance of the sector in 2019 and suggests measures the government could adopt to revive it. Highlights: The IL&FS crisis caused a domino effect on the NBFC and banking system with institutions declaring higher than anticipated non-performing assets (NPAs) and going into a conservative lending mode. The real estate sector was probably the worst hit given that it had a sequence of poor performing years. The government mooted a [...]