ROLE OF LOGISTICS IN CONSTRUCTION PROJECTS.

Abstract

India is the fast emerging leader in global economy. Its contribution in international trade is quite substantial. The country is witnessing overall growth in the various sectors. This is most cognisable in the construction sector. This was, indeed, badly hit during the demonetisation of 500 and1000 rupees notes. It has regained the momentum now. The introduction of RERA - Real Estate (Regulation and Development) Act 2016 has brought in discipline with both the Builders and also the Buyers. All the transactions have become fully transparent. The city and the outskirts are witnessing tremendous activities in construction in small scale and large scale. With the latest techniques in construction and the wide spread use of precast concrete, the projects are completed in record time. Delays in completion are very rare now. The increased disposable income, movement of people from rural to urban areas for employment purposes, prohibitive rental charges in the city and the attitude of youngsters especially, to own an apartment right at the young age are just a few of the many reasons which contribute to large scale construction activities, all over.