Nearly Rs 1.35 lakh cr of realty debt under severe stress: Report

Nearly Rs 1.35 lakh crore of real estate debt is under severe stress, with extremely poor visibility of loan servicing, reveals a study conducted by Anarock Capital. However, despite the pandemic, two-thirds of about Rs 5.02 lakh crore of total loan advances to real estate companies by banks, NBFCs and home financiers are stress-free.

via Economictimes