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How L&T Finance is ramping up its real estate investment play

Reuters

L&T Finance Ltd—which lends for home & vehicle purchase, offers business & corporate loans and has offerings in rural & microfinance segments—has aggressively enhanced lending activity in real estate segment as it looks to renew its interest in the space. In the process, the firm, which operates under L&T Finance Holdings—a wholly owned subsidiary of business conglomerate L&T Ltd—has emerged as one of the preferred lenders for debt deals for developers. “When we used to prepare our list of the most active lenders in real estate one-and-a-half year ago, L&T Finance never used to be in our scheme of things....

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