Tag «housing projects»

Of 6.26 Lakh Heavily Delayed Homes, 1.74 Lakh units Valued INR 1,40,613 Cr Totally Stalled

Heavily delayed – and even worse, completely stalled – housing projects (launched in 2014 or before) continue to plague the Indian residential sector. While stalled or stuck projects have seen absolutely no construction activity, delayed projects have seen minimal progress. Mumbai, 2 Aug 2021: Given the huge funding crunch in the construction industry, the outlook …