ConstructIQ

Blog

Construction intelligence. Published.

Data, analysis, and on-the-ground reporting on construction, finance, and technology for Tier 2/3 India.

Blog posts

Construction Cost

Why 70% of Indian construction projects exceed budget — and how to fix it

Cost overruns in Indian construction are not accidents — they are the predictable result of opaque pricing, unverified BOQs, and zero contractor accountability. We analysed 800 projects across Bihar and UP to find out exactly where the money goes.

Jan 15, 20265 min read
Finance

BOQ-linked construction loans: How we're unlocking ₹4 lakh crore in credit

Banks refuse to lend for construction in Tier 2/3 India because they have no visibility into the project. A verified, AI-generated BOQ changes that equation completely — here is how we are building the bridge between construction and formal credit.

Jan 22, 20267 min read
Technology

How AI reads your floor plan and generates a BOQ in 3 minutes

Traditionally, a quantity surveyor takes 2–3 weeks to produce a Bill of Quantities for a residential project. Our AI does it in under 3 minutes from a photo of your drawing — with CPWD-rate accuracy. Here is how it works.

Feb 1, 20264 min read
Labour

Attendance fraud costs Indian construction ₹8,000 crore a year. Here's the data.

Ghost workers, inflated headcounts, and fake attendance sheets are so normalised in Indian construction that most contractors do not even consider them fraud. We do — and here is the data on how much it costs the industry every year.

Feb 10, 20266 min read
Market

Tier 2/3 India: The ₹20 lakh crore market nobody is building for

Every major construction tech startup in India targets Mumbai, Delhi, or Bangalore. But 64% of India's home construction happens in small cities and towns — a market that is massive, underserved, and about to explode with rising incomes and 4G penetration.

Feb 20, 20268 min read
Suppliers

Cutting the middleman: How direct procurement saves 30–40% on materials

In Tier 2/3 India, construction materials pass through 3–4 middlemen before reaching the site — each adding margin, each adding opacity. We show how bypassing the chain and sourcing direct from manufacturers changes the unit economics of construction permanently.

Mar 1, 20265 min read

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New articles every week on construction, finance, and technology for Bharat.