Cash-strapped developers offer barter deals to construction firms

Builders offer unfinished apartments instead of cash to contractors as liquidity crunch hurts both parties Paradigm Realty has accepted 160 flats instead of cash in Zenith Residences project, Thane MUMBAI: Barter is back in fashion in real estate as cash-strapped developers offer unfinished apartments instead of cash payment to their construction contractors, as a prolonged … Read more