The lockdown will translate into a vicious sequence of stalled construction, delays in project deliveries, delays in loan repayments and debt servicing to banks and an overall slump in demand due to uncertainties in employment and salary cuts.
Mahendra Singh Dhoni is the darling and idol of millions. He is even a Territorial Army brand 'icon'. Dhoni even wore the Balidan logo on his gloves during the Cricket World Cup. It will be sad if Dhoni's association with Amrapali tarnishes his image
To make errant builders fall in line with the Real Estate Regulation and Development Act (RERA) was a welcome and much-needed step but homebuyers are still left in the lurch as orders and notices are not enough