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.
Home buyers normally put money on a property, based on the assessment of risk-to-reward ratio. For an end-user, the main focus while buying a home, may be low risk, good quality of construction and R
It is no secret that ready-possession projects or projects nearing completion are costlier than under-construction projects. Nevertheless, many buyers are eager to acquire property on an immediate basis rather than waiting. There are sound R