Published On:August 8 2018
Story Viewed 399 Times

3.3 Lakh crore worth Housing projects are facing delays

4.65 lakh units, worth over Rs.3.3 Lakh crore, are facing significant execution delays across major Indian cities. This delay is attributed to sales slowdown, cash crunch facing developers and issues related to project approvals.



As many as 1,687 projects, comprising 4,65,555 units with a saleable area of nearly 600 million sq ft, are significantly behind delivery schedule, it said. 



As told to PTI by PropEquity Founder and MD





OUR OTHER PRODUCTS & SERVICES: Projects Database | Tenders Database | About Us | Contact Us | Terms of Use | Advertise with Us | Privacy Policy | Disclaimer | Feedback

This site is best viewed with a resolution of 1024x768 (or higher) and supports Microsoft Internet Explorer 4.0 (or higher)
Copyright © 2016-2018