In top eight cities, more than eight lakh under constructed

India requires around 30 lakh homes each year. In top eight cities, more than eight lakh under constructed homes are lying in inventory, of which at least more than 35 percent should be under Rs 45 lakh category. The NBFC crisis has only added to the woes of the real estate sector along with home buyers who have not been able to take delivery of homes due to delay in construction.

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