Tribhuwan Adhikari, CEO of LIC Housing Finance says risk management assumes greater importance now, given the volatility in the sector. The company will adopt a cautious approach when it comes to funding housing projects, he said.
However, foreign investment comprises less than 2 percent of the funds in the real estate sector, and is therefore unlikely to have any significant impact.
Realty sector set to expand to $5 8 tn in 2047: Knight Frank thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.