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March 22nd, 2020

Why ready homes are more popular than under-construction projects

Ready-to-move-in homes are in, while under-construction homes have fewer takers, says Anuj Puri In the last 3-4 years, an important trend has emerged in real estate. Ready-to-move-in homes are in and under-construction homes are ... well, not so in. Also, properties in the latter segment have been getting a lot of bad press. While not every developer lacks execution capabilities, the ones that do have burdened the market with heavily delayed or altogether stuck projects. Unfortunately, this has caused unfinished projects, as an entire market segment, to get the ‘unreliable’ tag. Unlike in earlier years when under-construction homes were favoured for their more attractive price tags, buyers have become extremely risk-averse. Read More : https://www.thehindu.com/real-estate/why-ready-homes-are-more-popular-than-under-construction-projects/article30212432.ece

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