Identification of Delay Causing Actor in the Indian Real Estate Project: an AHP-Based Approach

Indian construction is a vital domain with an enormous employment potential and its contribution to the economy. Real estate is an essential domain of construction that tackles the housing demands. In the present scenario, this sector is experiencing a slowdown often failing projects. Thus, the aim...

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Bibliographic Details
Published in:Baltic journal of real estate economics and construction management 2018-09, Vol.6 (1), p.116-130
Main Authors: Deep, Shumank, Asim, Mohd, Kesarwani, Neeti, Kandpal, Shweta
Format: Article
Language:English
Subjects:
construction projects
contractor performance
cost overruns
delays
project management
Real estate
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Summary:Indian construction is a vital domain with an enormous employment potential and its contribution to the economy. Real estate is an essential domain of construction that tackles the housing demands. In the present scenario, this sector is experiencing a slowdown often failing projects. Thus, the aim is to identify the project participant and attributes that lead to delays in the schedule of real estate projects. In this process, we apply the hierarchical analytical process to identify the actor and the causes that result in an overrun. Our findings suggest that to a significant extent delays occur due to contractors under the influence of distinct factors discussed in the study.
ISSN:2255-9671
2255-9671
DOI:10.2478/bjreecm-2018-0009