4.66 Lakh homes may miss 2020 delivery deadline

Kolkata: Around 4.66 lakh homes scheduled for delivery in 2020 may miss the deadline as most of the states had allowed six months extension to complete the projects in the wake of the COVID-19 pandemic, a global property consultant said on Tuesday.
The National Capital Region, Mumbai and Bengaluru had completion of more than one lakh units each lined up in 2020, while Pune had 68,800, Kolkata 33,850, and Hyderabad nearly 30,500 units. Chennai had the least pending delivery of 24,650 units for this year. “Homebuyers will have to adjust to new realities. As many as 4.66 lakh units were slated to be delivered in 2020.
—PTI

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