This site gives an overview of the Construction Industry of India. Learn the nature, practices, training, acts and regulations and a lot more about the Indian Construction Industry.
The level of a countrys development is reflected by its infrastructure. The desperate need for infrastructure development has increased the demand of the construction industry.
A number of institutes in India provide courses related to various fields of construction. The National Academy of Construction, Hyderabad is one such institute.
In the 1940s, it took 30 weeks and 2,400 hours of on-site labor to build a house. The average size for a new home was 800 square feet. Four decades later, construction time dropped to 8 weeks with only 800 on-site hours, while the average size had grown to 1,230 square feet.
The level of a country`s development is reflected by its infrastructure. The desperate need for infrastructure development has increased the demand of the construction industry.
Construction loan is a short-term interim loan, for financing the cost of construction. The Lender advances funds to the builder in periodic intervals as the work progresses.