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Over 5 lakh homes stuck across 44 cities: Report

By Economic Times - a month ago
Over the last eight years, around one in five under-construction homes, totaling more than 5 lakh units, remained undelivered, identifying 1,981 stalled projects across 44 cities. Key reasons included developers' poor execution and financial mismanagement. The SWAMIH Fund, aimed at resolving this issue, raised Rs 15,530 crores, but completion rates remained slow.

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