Many real estate veterans and watchers say that projects were delayed due to the general election 2014 that ended recently on May 17th, 2014. It has been observed that most of the realty players have financed the election and delayed sanction processes that obstructed the construction activities.
A study about the connection between the real estate market and the elections unveiled that most of the developers has aided the candidates of election financially; hence many projects are delayed due to the lack of liquidity.
During every election campaign most of the finance is aided from the real estate sector as many property-owners who are mostly developers of a project and are directly or indirectly related to the politicians.
But, real estate markets in key cities of the country have struck and which has become a serious problem in the real estate sector and this can be witnessed in the delay…
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