Is Construction Quality worrying the property seeker of today?

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In light of the recent building collapse in Chennai, IndiaProperty.com captures the buyers' sentiments through a pan-India survey. We provide useful answers to the burning questions raging in every home buyer’s mind.

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Is Construction Quality worrying the property seeker of today?

  1. 1. Is Construction Quality worrying the property seeker of today? IN LIGHT OF THE RECENT BUILDING COLLAPSE IN CHENNAI, INDIAPROPERTY.COM CAPTURES BUYER SENTIMENT
  2. 2. Sample and Demographics  Sample Size : 899  Survey conducted between 9th July to 14th July  34% of the respondents were above the age of 46  ~40% between 25 -35 years of the age 86 % of the respondents were males
  3. 3. Respondent break-up: City-wise 4% 11% 42%15% 8% 3% 4% 13% Delhi - NCR Mumbai Chennai Bangalore Hyderabad Kolkata Pune Others
  4. 4. 90% of property seekers were aware of the Chennai building collapse incident 90% 10%
  5. 5. 22% of property seekers expect the government to ensure continuous site check by approved engineers 22% 15% 11% 11% 16% 21% 4% Continuous site check by approved engineers Setting up of a regulatory body Speedy investigation and trial process Builders and contractors should be tried for mass murders Heavy penalty for faulty builders Cancelling of license for such builders
  6. 6. 59% of property seekers think an independent and unbiased certifying body may be able to prevent such accidents Yes 59 %No 17% Not Sure 24%
  7. 7. 43% of the property seekers hold Government responsible for builders’ act of not following the approved structural plan 43% 39% 2% 12% 4% Government Builders Buyers Contractors and Sub Contractors Others
  8. 8. 87% of property seekers feel that incidents such as these affect their sentiment and trust in realty sector 87% 6% 7% Yes No Can't Say
  9. 9. 53% of property seekers feel that it’s not only small developers that deliver substandard quality 53% 28% 19% Yes, only small developers build substandard buildings Can’t comment on the same No, it’s not only the small developers that build substandard buildings
  10. 10. Top reasons for builders not adhering to quality constructions 29% Corruption in approval process 9% Increase in raw material cost 33% Builders and Contractors wanting to make higher profits 14% Builders subletting work to multiple contractors 15% Lack of skilled work force in the construction industry
  11. 11. 62% of property seekers living in apartments face everyday issues like water seepage because of low construction quality Yes 62% No 12% Don't live in an apartment 26%
  12. 12. Thank you.

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