R
Riya Oberoi
posted on 7 MaySSVR Acacia or Advaitha Aksha: worried about project finance.
Is anyone else worried about the financial stability of smaller builders in Bengaluru, especially for projects like SSVR Acacia or Advaitha Aksha? I'm looking at a 2BHK around Whitefield and honestly, the market feels a bit... stretched. I work in real estate, so I've seen projects stall due to funding issues. Are banks readily approving loans for these specific projects? I know what builders don't always tell you about their cash flows. My main concern is project completion without delays, not just the construction quality. What's the word-of-mouth on their financial backing? Don't want my EMI going into a ghost project, you know? Any insights would be super helpful.
#financial-risk#project-stalling#bank-loans#ssvr-acacia#advaitha-aksha
Comments
Is anyone else worried about the financial stability of smaller builders in Bengaluru, especially for projects like SSVR Acacia or Advaitha Aksha? I'm looking at a 2BHK around Whitefield and honestly, the market feels a bit... stretched. I work in real estate, so I've seen projects stall due to funding issues. Are banks readily approving loans for these specific projects? I know what builders don't always tell you about their cash flows. My main concern is project completion without delays, not just the construction quality. What's the word-of-mouth on their financial backing? Don't want my EMI