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India's Insolvency Code seen boosting bad loan recovery rates in real estate to 16-18% by 2025.
A recent conclave in India highlighted the success of the Insolvency and Bankruptcy Code (IBC) in resolving real estate project failures.
Experts discussed challenges and necessary skills for insolvency professionals.
With the government's focus on housing and economic growth, bad loan recovery rates for residential projects are predicted to rise to 16-18% by the end of 2025, thanks to higher property prices and increased investor interest.
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El Código de Insolvencia de la India vio aumentar los malos índices de recuperación de préstamos en bienes raíces al 16-18% para 2025.