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Commercial Realty Lending by NBFCs to Sustain Growth

Commercial Realty Lending by NBFCs to Sustain Growth
Commercial realty lending by NBFCs may retain momentum · financialexpress.com

Lending to commercial real estate in India is growing fast.

Non-banking financial companies (NBFCs) and banks are lending more money to build offices and data centers.

This is because many companies need more office space, and there are new rules that make lending safer.

Big companies like Tata and Godrej are building more offices, and this makes lenders feel good about giving them loans.

The rules also make sure that developers pay back their loans on time.

So, more money is going into building offices and data centers, and this is expected to continue.

Key facts

NBFC Loans Growth
40.2% year-on-year to Rs 1.20 lakh crore (May 2026)
Bank Credit Growth
19% to Rs 6.42 lakh crore (May 2026)
GCCs in India
Expected to cross 4,000 by 2030
Office Leasing in 2025
83 million square feet
Interest Rates for Banks
8-13%
Interest Rates for NBFCs
12-14%
Interest Rates for AIFs
16-20%

Quotes

Niranjan Hiranandani

Managing Director, Hiranandani Group

“"2025 was a bumper year for office leasing, and fresh pools of assets were completed. There was a significant increase in banks’ loan books as construction finance was converted into LRD loans."”
financialexpress.com
“"All the big groups are in the market today and bank funding is rising."”
financialexpress.com

Promod Kumar Dwivedi

Executive Director, Bank of India

“"Banks are increasing their exposure as large groups such as the Tatas, Godrej and L&T are in the field, and this trend will continue."”
financialexpress.com

Sources

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