The development of real estate projects in India is becoming unviable due to high cost of land, capital and construction, along with other economic uncertainties, said Sanjay Dutt, MD & CEO of Tata Realty and Infrastructure Ltd.
Real estate becoming unviable due to high construction cost: Tata Realty MD
He mentioned that it takes another 2-3 years in designing the project and getting all regulatory approvals to start construction and marketing activities
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Topics : Tata Realty Real Estate
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