How a Project Manager should be in Multi Storied Building Construction

India is poised towards substantial economic growth due mainly to the fact that its concentration is on rapid industrial development. India is considered to be the most sought after country for foreign direct investment and also for joint ventures. Most of the Multi National Companies prefer to have their manufacturing facilities established in India. All these contribute to wide spread employment opportunities. More number of factories are being opened up in urban areas and outskirts of cities. This is causing mass movement of people to cities. Cities are synonymous with prohibitive rental costs. The attitude of people is to initially move in to a rental space and soon enough to buy an apartment of their own. The present salary structure of the industrial standards is also giving people a reasonable disposable income. The availability of institutional finance, particularly for a longer duration of repayment for youngsters, is motivating younger generations to book an apartment first, immediately after their marriage. The alarming cost of land, which is also getting scarcer now, makes it impossible for, especially the salaried class of people, to buy land and construct house. The industry is finding it apt to concentrate more on residential construction of apartments to cater to the growing demand in this sector.