 "From dry construction to prefab units, realtors push tech to meet deadlines")
It’s the bane of every customer who’s ever bought an apartment under construction. Delayed deadlines, surprise costs and contractual back-footing that the developer blames on technical hitches in construction or lack of building permission. Across metro cities in India, as congestion in urban arteries pushed companies to engage in verticalisation or building upwards for lack of space in city centers, the challenges have multiplied.
The real estate sector is capital-intensive. You incur high cost for land, holding cost for approval and construction, debt for construction and marketing. So, at one end, there’s pressure to finish a project on time. On another,
