Categories: Events

2nd Annual Construction Claims & Dispute Management Summit 2019

India is set to become the third largest construction market globally by 2022, with a requirement of investment worth INR 50 trillion (USD 777.73 bn) to have sustainable development in the country.

Similarly, the construction industry in India is feeble and suffering through failure of resolution of disputes expeditiously and effectively by the parties. The recovery of the construction industry is critical for maintaining the current rate of growth and economic activity. The average
duration for settlement of disputes is more than 7 years in India.

The total amount of investment that is currently tied up in disputes is approximately INR 75,000 crores. The major issue is pendency of construction disputes, which is about 68% of the total claims against government entities and public-sector units are pending in arbitration and 13% are pending with the government entities.

Followed by the huge success of our last edition, the 2nd Annual Construction Claims & Dispute Management Summit captures the need to recognize the significance of understanding legal and contractual framework applicable in India and how the dispute resolution mechanism will work whenever a claim or dispute is to be settled. Domestic & international trends discussed by stakeholders like employers, contract managers, consultants and legal working with various contract models.

The focus of the summit is to build an approach towards minimizing the impact, intensity and occurrence of claims and implementing techniques and best practices for effective dispute resolution.
For more details visit: https://bit.ly/2LEA7Ga or email at
asan.bano@inventicon.in or call at : +91 22 6608 9643 / +91 87673 39249

The Property Times News Bureau

Recent Posts

Know About Prateek Group’s Upcoming Premium Residences in Siddharth Vihar, Ghaziabad

Ghaziabad, December 21, 2024: As Delhi-NCR's luxury housing segment grows, the region sees the presence…

2 days ago

Finding Balance in Design: The Prana Homes Launches Mindful Living Collections

New Delhi, December 21, 2024: Redefining the art of holistic living, The Prana Homes by Pooja…

2 days ago

Real Estate 2025: Key Platforms Revolutionising the Real Estate Landscape in India

New Delhi, December 20, 2024: The Indian real estate market is undergoing a remarkable transformation,…

3 days ago

Film Producer Madhu Mantena’s Company Acquires Multiple Apartments Totalling Rs. 25.75 Crore in Mumbai: Square Yards

New Delhi, December 20, 2024: Madhu Mantena, the acclaimed film producer behind hits like Ghajini…

3 days ago

Dextrus Announces their 4th Premium Workspace at Mint, Sahar Plaza, Andheri East

Mumbai, December 19, 2024: Dextrus, a leading premium managed workspace provider, is excited to announce their…

4 days ago

Innov8 launches its largest flex space centers in Mumbai in 2 lac sq ft

New Delhi, December 19, 2024: Innov8, India's leading startup, continues its rapid expansion with the…

4 days ago