Is Construction Quality worrying the property seeker of today?

Is Construction Quality worrying the property seeker of today?IN L IGHT OF THE RECENT BUILDING COLL APSE IN CHENNAI, INDIAPROPERTY.COM CAPTURES BUYER SENTIMENT

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

Respondent break-up: City-wise

4%11%

42%15%

8%

3%

4%

13%

Delhi - NCR

Mumbai

Chennai

Bangalore

Hyderabad

Kolkata

Pune

Others

90% of property seekers were aware of the Chennai building collapse incident

90%

10%

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 approvedengineers

Setting up of a regulatory body

Speedy investigation and trialprocess

Builders and contractors should betried for mass murders

Heavy penalty for faulty builders

Cancelling of license for such builders

59% of property seekers think an independent and unbiased certifying body may be able to prevent such accidents

Yes59 %No

17%

Not Sure24%

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

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

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 substandardbuildings

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 workto multiple contractors

15%Lack of skilled work force in the

construction industry

62% of property seekers living in apartments face everyday issues like water seepage because of low construction quality

Yes62%

No12%

Don't live in an apartment

26%

Thank you.