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Technology can help India’s real estate sector but no one’s listening

Technology can help India’s real estate sector but no one’s listening

As of February 2019, over 2.3 million houses, spread over 16,330 projects across India, were running behind schedule, data with real-estate consultancy Liases Foras show. To put this in perspective, only about 250,000 houses are sold on average annually in the seven largest cities of India, according to property research and brokerage firm Anarock. There are many reasons why real estate projects, both residential as well as commercial, are delayed.