Browsing: Housing Project Delays

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.

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.

Editorial Completion Certificate, Occupancy Certificate, Real Estate Project Delays, Housing Delays, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Investment in Property

Housing project self-completion – far-fetched or viable?

The issue of stalled or delayed project is one of the major pain points of the Indian real estate sector currently. With buyers feeling the heat of delays, it is not surprising that some are now considering completing the projects themselves. This falls within the realm of possibility if the project in question has sufficient cash flows but is delayed for other reasons.