The real estate builders are generally considered as cheater and money minded. But not everyone is like that. There are many builders big and small who do their work honestly and charge. We cannot expect any business to charge reasonably. But even if they do their work on time with good quality, it will be more than expected from them. Today I would like to discuss about the challenges faced by builders, while developing a real estate project. Some of the issues faced by builders are: 1. Ever changing Government regulations - An average size real estate project takes 4-8 years to complete. During this time the government change the rules as they wish. Mostly to make them consumer friendly. These rules add towards the cost to the builder which he cannot charge from end users because the rate was fixed 2-3 years back at the time of sale agreement signing. 2. Change in market dynamics and inflation - During the project development many factors are not in control of the builders, like - inflation, Ups and downs in the market demand. When the demand is high he builder plans for the project assuming that it will be sold in a set time frame. but with time the demand may decrease and the project is only half sold even at the time of completion. So the builder falls short of the funds, which he planned to have for future development work. The increasing price of raw material is also a cruicial factor in it. 3. Environmental effects - In recent times the pollution in the last months of a year, forces them to stop work, and above that also spend more to follow government guidelines to prevent pollution. This causes delay in delivery, rise in cost and collection of payment from end users. It affects the builder from both sides. All of the above increases cost of the apartment/flat for the builder, which he can not even collect from the buyer due to government regulations and buyer protection. This affects the project completion and delivery and some times the work is stopped indefinitely, due to shortage of funds. So while we need to be aware of our rights and expectation. We should also understand the point of view of builders while they are doing their work on the ground. There is no simple way, but both parties should be ready to understand problems faced with each other and start trusting each other. The trust factor is very low between buyer and builder in any real estate projects. And each of us need to make sure that we get what we paid for, and everyone involved is happy.