.. Then where the buyers?......
Real estate is finished in india.Buyers,investors have lost faith in builders as 99% builder are frauds .Added to this Govt Is protecting BUILDER MAFIA, Rera is just a JUMLA by BHARTIA JUMLA PARTY,Indian judiciary is a farce .No hope for getting justice ( Flat or refund ).
Most of colonies/ projects already under construction will fail to get costumers.Nobody will put his money in project as there is high risk.Indian Judiciary a farce ,Modi Govt working as slave of BUILDER MAFIA, RERA is cleverly drafted to protect BUILDER MAFIA.
There are many under construction building or unfinished building in Mumbai from ages now. It is definitely possible for government to take over those buildings finish the construction and then sell it off at affordable rate.