GST, market risks drive buyers off under-construction projects in Mumbai: Experts

Mumbai's real estate market is witnessing a shift, and buyers are no longer prioritising under-construction properties. Developers say most of the sales they are witnessing now are for ready possession flats. The reasons for this, they say, are because buyers don't want to take undue risks, and because they save money on GST when it comes to a property with an occupation certificate. Niranjan Hira…