Reality of Realty
  • WebDesk BTVI
  • Aug 26 2019

The crisis in real estate sector remains painfully visible and apparent to people across the country. Over 5,60,000 housing units worth Rs 4.51 lakh crore are estimated to be delayed in 7 major cities mostly due to demand slowdown, fund diversion. Finance Minister Nirmala Sitharaman last week said that government was working on a plan to ease the pain of homebuyers who are stuck with unfinished projects. BTVI’s Siddharth Zarabi takes stock of the reality of the real estate crisis.