Identifying the risk factors in real estate construction projects: an analytical study to propose a control structure for decision-making

What is it about?

India is one of the fastest-growing economies of the world and evidently needs to provide affordable housing solutions to its vast population which presently suffers from a supply shortage leading to higher costs, opportunistic practices by developers, limited liquidity. Furthermore, from this study it was observed that, in the context of Indian real estate sector construction projects, low level consumer sentiment is observed, due to a high chance of the project getting delayed due to delayed government approvals, errant project cost estimation, delayed handover because of execution constraints, resulting in overall price rice and higher unit costs that often result in dispute, low return on investment for the consumer, higher loan costs.

Featured Image