Even as government policies give huge thrust to affordable housing, data reveals elevated risks in the segment for lenders because of a higher propensity among the borrowers to default.
Even as government policies give huge thrust to affordable housing, data reveals elevated risks in the segment for lenders because of a higher propensity among the borrowers to default.
Ind-Ra expects residential unit sales to remain muted in in 2018-19 and EBITDA margins to remain under pressure owing to a rise in input costs and an increase in selling and promotion costs amid weak demand conditions
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