ASSAULT OF RISKS IN MULTI STOREY BUILDING CONSTRUCTION

Abstract

The Construction Industry is rapidly reviving after the jolt of demonetisation. The builders have understood the RERA and the benefits of same to both themselves and also to the buyers. The increased income levels, rise in the movement of people from rural areas to urban areas for employment purposes, easy availability of long term institutional finance, increased rentals in city forcing people to sacrifice their other comforts for purchase of an apartment, growing economic development and Government’s initiative on House for All and many other reasons contribute to the excellent construction activities, particularly in the City and the outskirts of same.