India's Middle Class Faces Housing Nightmare: Trapped Homebuyers

Many people in India are in a tough spot because they're paying for homes that aren't being built.

This happens because some builders take money and then don't finish the houses.

Banks still want their money even if the house isn't ready.

A common trick is "No EMI till possession" which means the builder pays the loan at first, but if the builder fails, you have to pay everything.

It's like paying rent and a loan at the same time for a place you can't live in.

The government is trying to help, but there's still a lot of work to be done.