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.
Low Rate Call Girls in Triveni Complex Delhi Call 9990771857
Is Construction Quality worrying the property seeker of today?
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. 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
4. 90% of property seekers were aware of the Chennai
building collapse incident
90%
10%
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. 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. 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. 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. 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. 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. 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%