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FRICS (Managing Director, RICS South Asia)
Prior to its introduction, the traditional real estate market was heavily skewed in favour of developers who could get away with charging unjustified rates, following fraudulent practices and exceeding promised delivery timelines
The virus has occasioned a lot of learnings and changed the conventional way of working, for many sectors including the real estate.
Construction industry is largely dependent on surveying, but the culture of sharing data does not exist in the industry
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