India, Nov. 9 -- In an attempt to give impetus to the ailing real estate sector, Finance Minister Nirmala Sitharaman on Wednesday announced a Rs 25,000 crore stimulus to revive over 1,600 stalled housing projects covering 4.58 lakh units. However, according to a study by Anarock Property Consultants, as many as 19 lakh units across the top seven cities are under various stages of construction as on Q3 2019 end.

According to the study, nearly 5.76 lakh units were launched in 2013 or before and the remaining 13.24 lakh under construction units have been launched between 2014 and Q3 2019, which is nearly 77% of the total 17.12 units launched during this period. The study also finds that the Mumbai Metropolitan Region and National Capital Re...