Experts attribute this to economy slowdown and political uncertainty with the general elections round the corner.
There was no relief for existing home buyers who are stuck in stalled projects and are paying both rent and EMI on their home loans.
In a trend that has taken off in a significant way, more and more developers are launching independent floors with lawns and basement/roof terraces in gated communities, to attract buyers, who otherwise opt for builder floors prevalent in the unorganised real estate sector.