Delhi NCR developers tap fund houses for liquidity lifeline
Developers in Delhi NCR are increasingly partnering with fund houses to secure liquidity amid a slowdown in the residential market. Blackstone-backed ASK Property Fund signed a ₹500 crore deal with Bhumika Group for real estate projects, including a ₹125 crore commitment for a 20-acre development in Faridabad. This trend signals a shift as developers seek financial stability in challenging conditions.