Tag: Oversupply

Banks Backing Off from lending to Commercial Realty

Due to the continuous oversupply of the commercial projects, the signs of pickup in demand in the sector seems becoming dull and thus banks are also backing out from lending to real estate firms. As compared to the residential sector, the demand growth of the commercial sector in past few months is much behind that […]

Realty sector not heading for a meltdown

During the real estate boom period in US, there was euphoria all around and excessive, speculative investments being made in real estate, oversupply in the market, lenient lending covenants followed by banks- all of which were common practice in Indian boom period as well. While the former precipitated into a sub prime crisis what is […]