See loan restructuring in realty sector: KP Singh
By Prashant R Nair | Published On: January 26, 2012 22:13 (IST) | Duration: 11 min, 35 sec
DLF Chairman KP Singh expects 2012 to one of the most difficult for the real estate sector. Speaking to NDTV at the World Economic Forum at Davos, Singh said that he expects several real estate companies to express their inability to pay their loans during the current year. Financing has become very difficult for the real estate companies. Some of those loans for realty companies will have to be restructured.