The Effect of Factor Conditions and Strategic Response: A Review on Real Estate Sector in Sri Lankan Construction Industry

Authors

  • Pathirana Doctoral Student in Business Administration, University of Kelaniya, Sri Lanka
  • L.P.D.S. Faculty of Commerce and Management Studies University of Kelaniya, Sri Lanka
  • Dr. Anil Munasinghe Visiting Lecture, University of Kelaniya, Sri Lanka

Keywords:

Real Estate, Construction Industry, Factor Condition.

Abstract

Real estate industry is one of the world's most recognized and profitable businesses of all time. The industry has evolved from decades and after the global economic drift the shape of the business took drastic and innovative changes and it elevated the business to the next level. With the dramatically increased global population the industry was driven by latest sophistication while creating convenience to the community condominiums, new commercial spaces and mixed developments concepts are brought to the portfolio and it generated a wider choice plus value for the end user. On the other hand stakeholders directly related to the industry have given new opportunities as well as different challenges with the new developments and the industry has become more dynamic while contributing considerably to the global and domestic economy.

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Published

2021-06-11

How to Cite

Pathirana, L.P.D.S., & Dr. Anil Munasinghe. (2021). The Effect of Factor Conditions and Strategic Response: A Review on Real Estate Sector in Sri Lankan Construction Industry. International Journal of Recent Innovations in Academic Research, 5(6), 7–16. Retrieved from https://ijriar.com/index.php/ijriar/article/view/79