Homebuyers in Delhi-NCR are preferring ready to move flats in the wake of recent developments in which thousands of investors were not handed over their units by the builders.
While more than 32000 investors are facing uncertainty following Jaypee Infratech becoming bankrupt, the process for corporate insolvency resolution under the insolvency and bankruptcy code is likely to be initiated against Amrapali group companies.
Though figures are not available as to how many ready to move flats were sold, realty experts unequivocally say that most of the property enquiries are now related to ready to move projects. According to property firm Jones Lang Lasalle (JLL), in the first half of 2017, out of the total investment of Rs 16,008 crore, …
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