You're facing construction delays with contractors. How do you navigate negotiations for revised deadlines?
When embarking on a real estate development project, encountering construction delays with your contractors can be a challenging hurdle. It's essential to approach the situation with a strategy that preserves the relationship while also safeguarding the project's timeline. Negotiating revised deadlines requires a blend of firmness, flexibility, and clear communication. By understanding the reasons behind the delays, reassessing the project's scope, and being prepared to make adjustments, you can navigate these negotiations effectively. It's about finding a balance between the project's needs and the realities of construction challenges.
-
Adam Shapiro20+ Years Uncovering Prime Real Estate Opportunities for Savvy Investors
-
Vijay Narayanan KAssociate - Finance @ Raheja Developers Ltd. | Financial Planning, Business Modeling
-
Annuj GoelChairman & Managing Director @ Goel Ganga Developments | Vice-President NAREDCO PUNE I Leader in Pune’s Real Estate…