Banks, lenders crack the whip on real estate firms for loan recovery5 min read . Updated: 07 Sep 2016, 03:52 AM IST
Banks are taking over realty projects, offices of real estate firms, also keen on jointly developing the seized land
Bengaluru/Mumbai: Banks and large lenders like Life Insurance Corp. of India (LIC) are auctioning assets seized from debt-laden property developers that have defaulted on loans in the face of a real estate downturn.
Select your Category