These eight cities are Gurgaon, Noida, Mumbai, Kolkata, Pune, Hyderabad, Bengaluru and Chennai
Delays in projects execution are forcing buyers to protest & file cases against developers in courts
Housing sales stood at 43,500 units in the October- December quarter
Housing sales stood at 28,472 units during the October- December quarter in eight major cities
Home launches dip 40% in eight major cities
The city also witnessed an 8% dip in new residential housing projects launch in the second half of 2016
Real estate market is facing a slowdown from the last 3-4 years leading to significant delays in completion of projects and protest by home buyers