Enough room for PE, alternative funding play as Indian realty seeks debt refinancing of $4.5b

Enough room for PE, alternative funding play as Indian realty seeks debt refinancing of $4.5b

Photo: Mint

India’s top 25 property developers, which account for nearly 95% market capitalization in the real estate sector, are likely to face risks in refinancing about Rs.30,000 crore of debt, ratings firm Crisil said in a report on Wednesday.

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