Story thread · 4 reports / 4 sources

Sabeer Bhatia's 20-year wait for luxury apartment sparks debate on India's real estate

businesstoday.in · 12dShare

Hotmail co-founder Sabeer Bhatia has reignited concerns over delays in India's real estate sector after revealing that an ultra-luxury apartment he booked in 2012 is now expected to be delivered only in 2032. His remarks come as a new report shows a growing number of NRIs are planning to sell their Indian properties and move the proceeds overseas.

First report: ‘Booked in 2012, possession in 2032’: Hotmail’s Sabeer Bhatia on waiting 20 years for ultra luxury apartment in India — livemint.com, 13d