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Even as the sector was constructive on its prospects in 2018, it did not witness any significant improvement in demand and gross sales as the year glided by. On high of it, one other crisis came to hunt the sector. Lending to the real property market has now entered a troublesome phase. From cautious lending by NBFCs and housing finance corporations (HFCs) some years back to the present conundrum, funding to the sector has almost come all the way down to a trickle from the 2 sources,†stated Ramesh Nair, chief govt officer and country head, JLL India, an actual property consultancy firm.
Your real property broker will explain the steps to take and can accompany you all through the whole transaction, out of your first assembly to the ultimate signature of the notarial act. As a result of personal actual property costs have stored on going up in instances of REIT market volatility, we believe that REIT share prices are particularly cheap right this moment. Lots of our portfolio holdings continue to commerce at substantial reductions to NAV and we’re right this moment growing our positions with a long run investment horizon.
