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24 years & counting: Mumbai homebuyers wait for their dream home

About 160 members invested Rs 15,000 each for a property in Dahisar (East); the builder failed to deliver the flats, went bankrupt and sold the land to another developer

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The recent Campa Cola compound case and all the hoopla around it has made present homebuyers cautious; they now prefer scrutinising building plans before investing in any property. However, 24 years ago, homebuyers had limited sources of information to find the details or background of their invested property.

The plot in Dahisar (East) currently is under construction by the new builder. Pic/Nimesh Dave
The plot in Dahisar (East) currently is under construction by the new builder. Pic/Nimesh Dave

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