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.
![Streamlined Construction: Major Cities See Reduced Project Completion Times](https://devdiscourse.blob.core.windows.net/imagegallery/27_06_2019_18_46_53_9831308.png)
- 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.
(With inputs from agencies.)
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- real estate
- construction
- Anarock
- project completion
- regulations
- technology
- Chennai
- MMR
- Delhi-NCR
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