Indian lenders account for more than ₹88,000 crore of the Adani Group’s total debt of ₹2.41 lakh crore as of March 31, 2024, according to a group presentation. Following the Hindenburg report in January 2023, several Indian banks and financial institutions had disclosed their exposure to the Adani Group.
Further steep hike in housing prices may prove to be a deterrent to demand: Prashant Thakur, Anarock
Indian real estate is experiencing a price surge, with post-Covid appreciation averaging 59-60% across major cities. While this boom has driven sales, experts warn that