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Hyderabad: Safety & quality biggest challenge for realty cos
Highlights
According to the findings of a survey on ‘Changing Dynamics of Construction Industry’ conducted by Project Management group of CBRE, 50% of corporates in India identify meeting safety and quality standards as the biggest challenge.
Hyderabad: According to the findings of a survey on 'Changing Dynamics of Construction Industry' conducted by Project Management group of CBRE, 50% of corporates in India identify meeting safety and quality standards as the biggest challenge. The survey included over 500 respondents from top over 250 corporates.
Anshuman Magazine, Chairman & CEO, CBRE, said, "The real estate sector is expected to contribute 13% to the Indian GDP by 2025 and touch $1 trillion by 2030, becoming the third largest globally. In the wake of positive policy reforms, emergence of a strong workforce and introduction of new technologies the momentum of India's construction sector is growing substantially.
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