“ECB relaxation will definitely enable developers to attract foreign debt investors with low cost of capital, although we will have to wait and watch for the eligibility criteria. The government also has to come out with low cost of capital, although we will have to wait and watch for the eligibility criteria. The government also has to come out with more concrete steps on demand creation as the inventory holding has increased significantly across all key micro markets.”

Alok Saraf
Associate Partner, Grant Thornton Advisory Private Limited

This article appeared in Economic Times on 14^th Sep, 2019.