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Thursday 25 April 2019

'We have no option': Homeowners turn 'homebuilders' to finish projects

A series of economic shocks in the past three years, from the unexpected demonetisation in 2016 to the sales tax introduced in 2017 have dented property-market sentiment and dried-up developers' funding. Due to lack, the funds, now buyers of under-construction flats are taking on the functions and the role of a developer to finish building homes.

from Times of India http://bit.ly/2GBnaIa

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