Residents say that prices have appreciated in the last one year, and the builder should provide a buyback offer per the market rate. At present, residents do not have a rehabilitation offer on hand as both the offers for reconstruction and buyback have been withdrawn by the builder.
Going by early developments, that seems unlikely, with the consultants charged with bringing down the towers in Gurugram apparently inclined to go in for the mechanical method to raze the floors
The developers say their losses have run into several hundreds of crores. Also, they fear that construction labour that is sitting idle, might head back home, causing further disruption in the schedules, thereby delaying projects further.