Completion Time for Large Projects Dips 20%

17 Jul 2024 CW Team

The average time required to complete large residential projects has decreased by 20% over the past decade, reflecting significant improvements in construction efficiency and project management within the real estate sector. This reduction highlights the industry's ongoing efforts to streamline processes and enhance productivity.

The decline in project completion time is attributed to advancements in construction technology, better project management practices, and improved coordination among stakeholders. Innovations such as prefabrication, modular construction, and advanced project management software have contributed to faster execution and reduced delays.

Additionally, the real estate sector has seen a shift towards more efficient procurement processes, better planning, and the adoption of best practices that minimize project timelines. The integration of technology and increased emphasis on meeting deadlines have played a crucial role in achieving these results.

This trend is beneficial for developers, investors, and buyers, as it leads to quicker delivery of residential units and a more responsive market. For buyers, faster project completion means earlier occupancy and reduced waiting periods. For developers, it translates to improved capital turnover and the ability to start new projects sooner.

The reduction in project timelines also reflects the industry's commitment to addressing past delays and enhancing overall customer satisfaction. As the sector continues to evolve, ongoing improvements in construction practices and project management are expected to drive further efficiencies.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..