Real Estate in India is slow in Finishing the Projects
No Comments Sub Category:Uncategorized Posted On: Feb 28, 2012
According to a recent survey made in all major cities in India, it is found that most of the Real Estate projects in India are running behind the schedule.The scenario is worst in the capital city. According to the survey the builders in Bangalore and Mumbai are working more efficiently than other parts of India.The survey also indicates that the resources are not available as per requirement and the builders are more keen in investing on procuring land than in investing on running projects. And this situation arise because of unplanned launches of projectsand inefficient Project management.And the demand also decreased because of the slow down in the market and the increment in the interest rate also effect the real Estate Industry badly.
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Source : Wall Street Journal
Tags:
Apartments in India, Completed Projects in india, Pre-launch of residential projects, Project completion, projects in India, Properties in India, Real estate in India, Realty News, Residential projects in India
