Why are so many property brokers closing shop in the NCR?

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NEW DELHI: These are tough times, laments Gaurav Marwah, a small-time Delhi-based real estate broker. Marwah, till recently a flourishing broker in south Delhi’s Safdarjung area, is contemplating shutting does his business. A long-standing delay in payment of commission by a large Gurgaon-based developer is pushing him towards the edge as the sum was a large one. “I had booked three flats in a project of a large developer in Gurgaon’s sector 70 back in 2010 and had been promised Rs 5.5 lakh as ..

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