Browsing: ANAROCK Property Consulants

Reports Housing Delayed, Delayed Housing in India, Project Delays in Housing Market, Stalled Housing Projects, Stuck Housing Projects, Unviable Housing Projects, Due Diligence of Home Buyers

1.74 lakh homes in 220 projects completely stalled in Top 7 cities

ANAROCK research reveals that as many as 220 projects equalling 1.74 lakh homes are completely stalled in the top 7 cities alone. Launched either in 2013 or before, these projects have absolutely no construction activity going on. The overall value of all stalled units is estimated to be more than INR 1,774 billion. Most of these projects have been grounded due to either liquidity issues or litigations.