Stuck projects
#Stuck #projects is one of the key problems the real estate industry is facing today.
With #RERA in place, many complaints of delay in possession have been filed by home buyers. To overcome this problem, it is necessary to complete the stuck projects and ensure buyers get their homes on time.
Completed projects bring benefits for buyers as they can get as much as 30-50% enhanced value for their property.
Buyers can form groups and work towards completion of stuck projects. They can even consult the government authorities/bodies. Instead of demanding compensation buyers should focus on getting the stuck projects completed, as no project can move forward without finances.