Construction Advisors and Contractors

Current Status: Meerut derives significant GDP from construction sector. New residential and commercial complexes indicate a significant scope for this sector. The district has significant number of Construction Engineers, Architects, Designers and workers. Meerut also has adequate number of reputed colonizers, real estate developers for both commercial and residential properties.

Support Required: Major constraint is the haphazard development of District and frequent regulatory changes. There is hardly a collective voice of the group. Municipal Corporation and MDA need to be considerate of their concerns. A cluster kind of approach would suit this sector. Fiscal support and institutional finance are equally important. Another problem in construction sector is the actual cost/valuation and the declared valuation which acts as collateral.