News From Press Under-construction real estate now attractive. 9 things home buyers should check

Under-construction real estate now attractive. 9 things home buyers should check

Two months ago, the government announced a Rs 25,000 crore bailout fund to revive stalled real estate projects. Experts are optimistic and the plan has made under-construction flats attractive. Here’s what you need to check when booking property.

Economic Times Dec 2, 2019

The real estate sector was in a slowdown for the past 4-5 years, but its problems got aggravated in 2019 following the liquidity crisis triggered by the collapse of IL&FS. “Due to the liquidity crisis, NBFCs have reduced funding to buyers as well as to real estate developers,” says Sankey Prasad, CMD, Colliers (India). There are also complaints that banks withdrew loans given earlier to housing finance companies and to housing developers after the IL&FS crisis. Since real estate directly ..

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