Real Estate Sector Secures Rs 9.63 Lakh Crore in Debt Sanctions from 2018-2023

The real estate sector received debt sanctions totaling ₹9.63 lakh crore between 2018 and 2023, with a potential for ₹14 lakh crore in debt financing over the next three years, according to a report by JLL India and Propstack. Their joint report, “Decoding Debt Financing: Opportunities in Indian Real Estate,” highlights that the Indian real estate sector saw debt sanctions amounting to ₹9,63,441 crore over the past six years, averaging ₹1,61,000 crore annually.

“The total debt market in Indian Real Estate presents a financing opportunity of ₹14,00,000 crore (USD 170 billion) between 2024 and 2026,” stated the consultants.

Source: The Economic Times

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