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Real estate developers biggest loan defaulters

The property market has suffered dipping growth in sales and rental prices in recent years. PHOTO | COURTESY

By  CONSTANT MUNDA

Correspondent

The real estate sector posted the highest growth in loan defaults in three months ended June, fresh statistics show.

This underlines the developers’ struggles to find buyers for houses amid declining returns.

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Note: The results are not exact but very close to the actual.

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