Broken Dreams: Inside the Homebuyers’ Nightmare
It is estimated that approximately INR 80,000 crore is currently stuck in construction-related disputes in various courts in the country. In Greater Noida alone, there are over 200 housing societies that are under various stages of development, most of which end up in disputes due to unfulfilled builder promises. In numerous instances, the cherished dream of home ownership remains an elusive reality for buyers, as possession continues to be an unfulfilled aspiration. The resolution sometimes takes years, leaving citizens in a state of financial and emotional distress.
The Quint's MyReport team aims to cover these conflicts, directly from the people afflicted. We will delve into first-hand stories of construction-related disputes, delayed possession, false assurances, and the emotional toll it brings on citizens. Your support will help us amplify the voices of homebuyers who have been stuck in housing dilemmas for years.