Real Estate is a project based industry with an essential requirement to serve and meet the customer need in the best possible manner. In addition to being customer focused the real estate developers need to be efficient & productive as well. With emerging competition in Real Estate, especially in India the need to be both effective and efficient has increased all the more. Be it residential or commercial venture Six Sigma has credible applications in the Industry with a potential of immense gains. Some of the projects and areas of application of Six Sigma in the Real Estate Industry are:

• Reducing Cycle time of Capital Projects
  
• Reducing cost
  
• Improving quality of facility support
  
• Proactively identifying & eliminating risks related with delayed approvals, time overruns & Cost overruns
  

Here is a Video by Suvendu Mahapatra who is engaged as a senior management professional in a leading Real Estate Outsourcing Company.

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