Builders cut project completion time by 20% in top 7 cities: Anarock

Real estate developers across seven major cities are taking an average 18-20 per cent less time to complete a project because of tight regulations and the use of latest construction technologies, according to Anarock.

Real estate consultant Anarock data analysed all projects that were launched and completed between 2010-2019 and 2014-H1 2024 across the top seven cities.

In the last decade, the average time taken to complete smaller projects of less than 500 units across these seven cities was four years, while builders took 4.9 years to complete large projects of more than 500 units each.

During 2010-19 period, the average time taken by builders was 4.9 years for small projects and 6.1 years for larger ones.

So, the average completion time across seven major cities has fallen by 18 per cent in small projects and 20 per cent in large projects during the period under review.

"The stringent rules imposed on project delays by the regulatory authorities have also been a key factor in .