Risk Management in Indian Real Estate - Lesson from China

The book is based on a survey of people who directly or closely related to the management and the real estate industry in India. After doing comparison of the previous research and the analysis of the questionnaires four findings are identified. Firstly the real estate is among the most impressive dynamic industry but one of the most high-risk which has a bad reputation for risk. Therefore risk management in an efficient manner is an important part of the decision making process for all real estate companies. Secondly with the further development of real estate industry of India the Indian real estate companies are in urgent need of a scientific risk management. Thirdly the risks in the Indian real estate sector have their own characteristics; the Indian real estate companies must assess and integrate the technology risk when applied to core business according to these characteristics. Fourth it is recommended that the Indian government universities insurance companies Indian real estate companies working together to create a culture of cooperation for the development of risk management in Indian real estate sector.