Built but vacant: Why finished apartments stay empty amid India's housing crisis

Across many Indian cities, a large number of completed residential apartments remain unoccupied, creating ghost-like neighbourhoods. Poor infrastructure and speculative buying by investors are cited as key reasons these units never find residents. Meanwhile, millions of Indians continue to struggle in their search for affordable housing. The problem is not unique to India, as housing markets in several other countries face similar mismatches between supply and actual demand. Experts point to a developer and investor focus on profit over livability as a root cause of the disconnect.