The construction industry is a crucial sector that drives economic growth and facilitates socio-economic development. However, construction projects often get delayed due to multiple controllable and uncontrollable circumstances. In this scenario, the construction industry is striving for potential solutions to resolve project delays. Thus, the present study objectives to analyze the delay factors that affect the timely accomplishment of construction projects in the context of emerging economies. The study adopts a mixed methodology comprising of Delphi, Total Interpretive Structural Modelling (TISM) and Matrice d' Impacts Croises Multiplication Applique a Classement (MICMAC) method to model the identified delay factors. A Delphi analysis was conducted to finalize the most crucial delay factors to the on-time completion of building projects. The causal relationships and expert interpretations for each identified delay factor were then determined using multi-criteria decision analysis, TISM and MICMAC analysis. The study results highlight that lack of knowledge of newer construction methodologies and lack of project monitoring tools and techniques are positioned at the bottom level of model, which suggests that this delay factor influences others. The study results will help managers resolve the issues of project delays by selecting the most suitable approach. The findings from the study suggest adopting advanced technologies for effective communication, use of analytical tools for resource allocation and waste-scrapping approaches for eliminating delays in construction projects