To avoid the recurrence of Unitech like cases, it is important for homebuyer association members to take the lead and act as a bridge to raise funds, in case the builder claims he is bankrupt.
Delay in construction and delivery of projects, is the biggest challenge that the real estate industry faces. This is a direct by-product, of the shortage of skilled manpower to execute the projects and streamline R
If you are positive of India‘s economic outlook, buying for the right reasons, checked the credentials of the developer and done your research on the shortlisted project, this would probably be the best time to buy a house.
NHPC chairman and managing director ABL Srivastava tells CNBC-TV18 that though the quarter was very good for the PSU, the woes of capacity addition and project delays continue to plague the company
Sticking true to the fears of an economic slowdown, the Centre for Monitoring the Indian Economy (CMIE) expects to see a high number of project delays this year. However, it doesn't see GDP growth down to 7% levels.