Another developer joins the list of defaulters.
Just 15 days ago, I commented against a post praising Incor, aka Indis. Today, their customers took to the streets:
youtu.be/2uwLVKgbZSM?si…
Given the cost-push inflation from the Iran war, more stressed developers are likely to default, delay, or cut corners in the coming months. The financial strength of the developer must be a top priority when buying an under-construction property.