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Friday, Oct 11, 2024

Listed real estate developers trim debt by 54% in Q1 FY25 against peak year FY19-end

Net debt of top 8 listed realtors collectively at approximately 20,808 crore as on Q1 FY 2025-end, against approximately 44,817 crore at Q4 FY2019-end
The net debt of the top eight real estate developers collectively reduced by almost half on the back of increased property sales. (Representational photo)
The net debt of the top eight real estate developers collectively reduced by almost half on the back of increased property sales. (Representational photo)

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News real estate Listed real estate developers trim debt by 54% in Q1 FY25 against peak year FY19-end