Emami Realty has put on hold all projects and would look for financing primarily from banks and private equities once the market situation improves, a company official said.

Given the current market conditions, all ongoing projects of the company had been put on hold, the official said.

The official said although the company had set aside Rs 100 crore for foraying into the real estate segment more funds would be required once the projects started to roll.

He said the company would primarily seek finance from banks and institutions.

Financial Express