An Indian cyclist rides past incomplete residential flats in Greater Noida, southeast of New Delhi. Real estate accounts for about US$19.5 billion of stressed loans in India. Photo: AFP
An Indian cyclist rides past incomplete residential flats in Greater Noida, southeast of New Delhi. Real estate accounts for about US$19.5 billion of stressed loans in India. Photo: AFP

Helpless homebuyers thwart India’s plan for quick fix to bad debt

An Indian cyclist rides past incomplete residential flats in Greater Noida, southeast of New Delhi. Real estate accounts for about US$19.5 billion of stressed loans in India. Photo: AFP
An Indian cyclist rides past incomplete residential flats in Greater Noida, southeast of New Delhi. Real estate accounts for about US$19.5 billion of stressed loans in India. Photo: AFP
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