Lending To Real Estate Declined 46% in FY20

The overall lending to real estate in India declined by 46 per cent in FY20 with Rs 1.2 lakh worth of loans sanctioned in FY20. MMR, NCR and Bengaluru remain exposed to 80 per cent of the Rs 8.1 trillion real estate loan book, says a data report released by CRE Matrix, a real estate data analytics f

BY Realty Plus
Published - Thursday, 25 Jun, 2020

Lending To Real Estate Declined 46% in FY20

The overall lending to real estate in India declined by 46 per cent in FY20 with Rs 1.2 lakh worth of loans sanctioned in FY20. MMR, NCR and Bengaluru remain exposed to 80 per cent of the Rs 8.1 trillion real estate loan book, says a data report released by CRE Matrix, a real estate data analytics firm. The top lenders were, HDFC, DHFL, SBI, Piramal Enterprises, Indiabulls, ICICI Bank, Srandard Chartered, PNB, Axis Bank & YES Bank