Skilled labourers
The real estate projects are facing shortage of both skilled and unskilled labour resulting in delay of launch of projects by up to one year. Moreover, it is involving additional cost from cash strapped property developers. Ideally, a real estate project have to get 50-60 clearances from various authorities. Thus, the project can take as [...] Continue Reading »
Kerala real estate is growing and amid rising number of accident cases at construction sites and insufficient safety measures, the Kerala wing of Confederation of Real Estate Developers’ Association of India (CREDAI) is planning to bring out a safety manual for workers in the construction industry. The developers’ body is to release the manual at [...] Continue Reading »
The second edition of Karnataka state Confederation of Real Estate Developers’ Associations of India (Credai) convention- Statecon 2012 under the overall will be held in Mangalore on August 25. The theme of the convention is ”Homes for all”. The convention will be hosting participants from many folds – developers from all over Karnataka as well [...] Continue Reading »
Early this year real estate sector witnessed a shortage of unskilled labourers. But in the second half of the year, there is a huge unmet demand for skilled professionals in the domain. These professionals include architects, civil engineers, designers and planners. Due to the huge demand-supply gap, the builders are unable to build a good revenue [...] Continue Reading »
The realty sector in Gujarat is facing a downfall with the steady price raise of construction material and shortage of skilled labour. Experts say that the construction projects across Gujarat are getting either delayed, cancelled or stalled from past a week. Same is the scenario faced by real estate markets in cities like; Vadodara, Surat, [...] Continue Reading »
