Streamlined Construction: Major Cities See Reduced Project Completion Times
Real estate developers in seven major cities have cut project completion times by 18-20% thanks to stringent regulations and new construction technologies. Data from Anarock shows cities like Chennai leading the efficiency improvements, while MMR and Delhi-NCR lag in smaller project completions.
- Country:
- India
Real estate developers across seven major cities have significantly reduced project completion times by 18-20% due to stringent regulations and the adoption of advanced construction technologies, according to Anarock.
Data from real estate consultant Anarock analyzed projects launched and completed between 2010-2019 and 2014-H1 2024 in these cities.
Chennai builders completed small projects in an average of 3 years and larger ones in 3.6 years, the quickest among the cities surveyed. However, MMR and Delhi-NCR took the longest time for smaller projects.
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