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.

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.)