“The current environment will lead to more financial challenges for realty developers. Hence there will be a need for patient capital and the market will see more last mile funding transactions along with partial liquidity solutions to existing lenders,” said Vikas Chimakurthy, CEO, Kotak Realty Fund.source https://economictimes.indiatimes.com/industry/banking/finance/special-situation-funds-nbfcs-eye-investment-opportunities-in-stressed-real-estate/articleshow/77060101.cms
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