No other housing market in India has as many unsold homes as the Mumbai real estate market. Within this massive pile-up of inventory, a dominant majority are apartments in under-construction projects. Ready-to-move apartments have found greater acceptance in recent years as home buyers look to evade the risk of projects getting delayed or even stalled. But as a wave of consolidation within the industry kicks in COMBINED with greater regulatory scrutiny, are things changing? Are home buyers becoming more receptive to under-construction apartments as well? Let’s find out.
first published: Jun 8, 2021 02:22 pm
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