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Reasons for the failure of the ark in the future
There are two main reasons for the failure of the Ark Phase II project in the future:
1. The developer's capital chain is broken, which makes the project unable to hand over the house on schedule and becomes an unfinished building.
2. The rising of raw materials leads to the increase of cost and the decrease of profit rate, which makes Zhongtian Ark shut down in the future.
Future Ark Phase II Project is located in Wudang District, Guiyang City, and developed by Zhongtian Chengtou Group, with a total area of 2,723,600 square meters and a total construction area of1.000 square meters.
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