Over 4,800 Pune flats on list of lapsed projects; buyers advised caution - The Indian Express

Once a project is deemed to have lapsed, banks will not finance it and owners will find it difficult to mortgage or sell their properties.

Over 4,800 flats in 92 housing projects in Pune figure in a list of 407 projects that lapsed last year in Maharashtra. The list also shows that 2,488 of such 4,852 flats (around 51 per cent) have bee… [+2002 chars]

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