News & Views on Indian Real Estate

Wednesday, May 21, 2008

Indian realty developers take the foreign route

Under pressure from rising input costs and stricter norms to deliver flats to buyers as per deadline, India's real estate developers are waking up to global realities. They are now adopting unique technologies to develop quality projects within tight deadlines. With inflation pushing up project costs and consumer forums penalizing builders for delayed delivery of flats, many developers are now hiring the services of foreign project management consultancy companies and techno construction firms for faster implementation of projects, which come with cost advantages. Speeding up construction for a demand driven market like India is the need of the hour and technology based companies have a bright future.

Anonymous said...

If that is happening so it will be better for the Indians because if that type of improvements occurs that it can be changes in the life of living which is very important for the indians.

Anonymous said...

I really like your blog it’s excellent…

Plz share more about India real estate growth in this ression