{"id":1724,"date":"2017-07-18T17:24:32","date_gmt":"2017-07-18T11:54:32","guid":{"rendered":"https:\/\/www.propstack.com\/news\/?p=1724"},"modified":"2017-07-18T17:25:33","modified_gmt":"2017-07-18T11:55:33","slug":"propstack-insights-developer-loans-cross-1-lakh-crores-in-2017","status":"publish","type":"post","link":"https:\/\/www.propstack.com\/news\/propstack-insights-developer-loans-cross-1-lakh-crores-in-2017\/","title":{"rendered":"Propstack Insights: Developer Loans cross 1 lakh crores in 2017"},"content":{"rendered":"<p style=\"text-align: center;\">Total 642 loans were registered in the first six months of 2017. March recorded highest 33% registration in H1 2017. Since loans are registered typically 30-45 days later, numbers for May and June are expected to increase as the year progresses.<\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-1733\" src=\"https:\/\/propstack.onalpha.co\/wp-content\/uploads\/2017\/07\/PropLOANS.jpg\" alt=\"PropLOANS\" width=\"600\" height=\"139\" srcset=\"https:\/\/www.propstack.com\/news\/wp-content\/uploads\/2017\/07\/PropLOANS.jpg 600w, https:\/\/www.propstack.com\/news\/wp-content\/uploads\/2017\/07\/PropLOANS-300x70.jpg 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/p>\n<p style=\"text-align: center;\">More than 1 lakh crores worth of developer loans (charges) were registered in H1 2017.<\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-1729\" src=\"https:\/\/propstack.onalpha.co\/wp-content\/uploads\/2017\/07\/PropLOANS-1.jpg\" alt=\"PropLOANS 1\" width=\"600\" height=\"434\" srcset=\"https:\/\/www.propstack.com\/news\/wp-content\/uploads\/2017\/07\/PropLOANS-1.jpg 600w, https:\/\/www.propstack.com\/news\/wp-content\/uploads\/2017\/07\/PropLOANS-1-300x217.jpg 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/p>\n<p style=\"text-align: center;\">Majority of the loans were sanctioned at an Interest rate of 12-15%.<\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-1730\" src=\"https:\/\/propstack.onalpha.co\/wp-content\/uploads\/2017\/07\/PropLOANS-2.jpg\" alt=\"PropLOANS 2\" width=\"600\" height=\"389\" srcset=\"https:\/\/www.propstack.com\/news\/wp-content\/uploads\/2017\/07\/PropLOANS-2.jpg 600w, https:\/\/www.propstack.com\/news\/wp-content\/uploads\/2017\/07\/PropLOANS-2-300x195.jpg 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/p>\n<p style=\"text-align: center;\">Term Loans formed the major Loan Type.<\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-1731\" src=\"https:\/\/propstack.onalpha.co\/wp-content\/uploads\/2017\/07\/PropLOANS-3.jpg\" alt=\"PropLOANS 3\" width=\"600\" height=\"203\" srcset=\"https:\/\/www.propstack.com\/news\/wp-content\/uploads\/2017\/07\/PropLOANS-3.jpg 600w, https:\/\/www.propstack.com\/news\/wp-content\/uploads\/2017\/07\/PropLOANS-3-300x102.jpg 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/p>\n<p style=\"text-align: center;\">* As per data of 750+ Developers being tracked.<\/p>\n<p style=\"text-align: center;\">Source: Ministry of Corporate Affairs (MCA)<\/p>\n<p style=\"text-align: center;\">To get detailed insights regarding loans\/charges under our coverage, login to <a href=\"https:\/\/loans.propstack.com\/\" target=\"_blank\" rel=\"noopener nofollow\">loans.propstack.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Total 642 loans were registered in the first six months of 2017. March recorded highest 33% registration in H1 2017. Since loans are registered typically 30-45 days later, numbers for May and June are expected to increase as the year progresses. More than 1 lakh crores worth of developer loans (charges) were registered in H1\u2026 <span class=\"read-more\"><a href=\"https:\/\/www.propstack.com\/news\/propstack-insights-developer-loans-cross-1-lakh-crores-in-2017\/\">Read More &raquo;<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":1735,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,9,2,13,10,7,15,28,3,5,11,16,8,1],"tags":[277,278,276,177,279,275,128],"class_list":["post-1724","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bangalore","category-chennai","category-city","category-companies","category-delhi","category-hyderabad","category-international","category-market","category-mumbai","category-ncr","category-others","category-propstack","category-pune","category-uncategorized","tag-charges","tag-developer","tag-h12017","tag-insights","tag-interest","tag-loans","tag-propstack"],"_links":{"self":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/1724","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/comments?post=1724"}],"version-history":[{"count":2,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/1724\/revisions"}],"predecessor-version":[{"id":1736,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/1724\/revisions\/1736"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/media\/1735"}],"wp:attachment":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/media?parent=1724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/categories?post=1724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/tags?post=1724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}