HBA urges 'incapable' developers to leave the industry
The National House Buyers Association (HBA) has advised the developers who can't complete their housing projects in time and in accordance with sales contracts to leave the industry.In a statement today, HBA said most developers can complete their projects within stipulated time period."There have also been advances in building technology, which enable housing projects to be completed within a faster period of time."Only a small portion of housing projects were granted this arbitrary extension of time (EoT)," HBA said."If the developers feel that they cannot complete their project within, say ...