369 infrastructure projects are facing cost overruns
Real Estate

369 infrastructure projects are facing cost overruns

According to a report by property consultant and Association of Infrastructure Industry (India), as many as 369 infrastructure projects ofthe total 1,420 under implementation are facing cost overruns, while another 366 are significantly delayed. According to the report, the governmen...

According to a report by property consultant and Association of Infrastructure Industry (India), as many as 369 infrastructure projects ofthe total 1,420 under implementation are facing cost overruns, while another 366 are significantly delayed. According to the report, the government should accord high priority to the infra sector. Furthermore, India's vision to enter the $5-tn club economy by 2025 depends on the development of infrastructure and real estate that contribute 29.5 per cent to the GDP.

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