The Construction projects failures and Elements are related to the Performance in Construction firms

The Construction projects failures and Elements are related to the Performance in Construction firms

Lakshmi Desai

Studentt of CHARUSAT Campus, Gujarat, India

 

Haroon Shafig Arif,

Faculty of CHARUSAT Campus, Gujarat, India

Abstract

The research study aims to identify and evaluate factors that affected the performance of property developers in construction and real estate sector of India, with the intention to identify the root causes faced by property developers while completing construction projects. For this purpose, a thorough primary and secondary research was carried out in India. Quantity approached is adopted and survey among developers, consultants and contractors. Total 105 samples of questionnaire were distributed among Design engineers, Project managers, Site engineers, Procurement engineers, Quantity surveyor, General Manager, Sales manager, Finance manager and Health & Safety manager associated with developers, contractors and consultants in India. It was noticed that the property developers faced acute shortage of finance apart from issues related to dropping demand of real estate properties and new strict rules imposed by Indian government on property developers to protect investors and labours. In addition, factors like man-power, procurement, time, cost, quality, safety and lack of training provided to the employees acts as major constraints influencing the performance of the property developer negatively. The study concluded by identifying and suggesting few approaches that could possibly improve the performance of property developers in India.

Keywords

Real estate, Property development, Construction, Performance

To cite this article

Desai, L., & Arif, H.S. (2018). The Construction projects failures and Elements are related to the Performance in Construction firms, International Journal of Engineering, IT and Scientific Research (IJEISR). Vol. 2, No. 1, pp.9-26. Doi:10.5281/zenodo.2728012

 

Copyright

Copyright © 2018 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

 

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