The vast residential real estate market in the National Capital Region (NCR) — second largest in the country — has undergone massive trans-formation since the introduction of the Real Estate (Regulation and Development) Act, 2016.

       A market that was once the happy hunting ground for local, unorganised players has since become organised with the entry of big realtors like Godrej Properties, Tata Housing, Shapoorji Pallonji Group, Sobha, Mahindra Lifespaces, and Birla Estates. While it continues to take the strain of 328,000 stalled units launched before 2015, unsold units ...