Why is India's real estate market stagnating

Developers have to seek clearances from multiple departments. They have to ensure compliance with a large number of rules and regulations that may be subject to revisions and pay steep official charges and fees. There are serious delays in granting permits and often, if applications are rejected, no clear reasons are given.

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.