Browsing: Delay in Property Market

Editorial Housing Delays, Project Delays, Delay in Home Delivery, Builder Buyer Conflict, Home Buyers Protest, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Investment in Property

Post-election inheritance of 5.6 lakh stuck housing in top 7 cities

As per ANAROCK data, the top 7 cities currently have a total stock of 5.6 lakh delayed housing units worth a whopping INR 4,51,750 crore. These units were launched either in 2013 or before that. Lakhs of buyers across top cities – particularly MMR and NCR – have been left in limbo, leading to inconceivable mental stress and financial pain.