Stuck or delayed homes completed in the last 5 months
Real Estate

Stuck or delayed homes completed in the last 5 months

By December 2021, approximately 517,000 units, launched in 2014 or before, had been stuck in various stages of incompletion in the top seven cities. By May 2022-end, this has reduced to approximately ...

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By December 2021, approximately 517,000 units, launched in 2014 or before, had been stuck in various stages of incompletion in the top seven cities. By May 2022-end, this has reduced to approximately 480,000 units. The total value of the current stuck or delayed housing stock exceeds Rs.448 tn. NCR saw maximum completions with approximately 16,750 units reaching the finish line; close to 240,610 units worth Rs.1,814.1 bn are still stuck or delayed. MMR came a distant second with approximately 5,300 units completed, followed by Bengaluru with 3,960 units. MMR and NCR currently account for 77 per cent of stuck or delayed units; south cities (Bengaluru, Chennai and Hyderabad) have just nine per cent overall share. Chennai has the least stuck or delayed units among the top seven cities with approximately.

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