FE - The High-Rise Dilemma: India’s real estate boom confronts a major hurdle
In the heart of India’s thriving cities, a new skyline is taking shape. Towering structures rise into the sky, promising luxury, convenience, and a slice of urban utopia. Yet, behind this dazzling exterior, a significant challenge threatens to destabilize India’s real estate resurgence: A critical shortage of skilled contractors capable of executing these ambitious projects.
As the demand for housing soars, developers find themselves in a precarious position. On one side, the market offers abundant opportunities; on the other, the lack of qualified contractors poses a serious risk to even the most carefully-planned projects.
