Distinctiveness of Trusted Real Estate Developers

Investing in Real Estate is one of the major financial decisions in one’s life and therefore it is important to be cautious while choosing a trusted real estate developer. Most of the flat buyers accumulate their hard earned money over a long period of time or take loan from the bank to buy a house. Therefore it is important to select a developer whom has successful track record. In past few years we have seen than many big names as developers have failed to deliver possession to their flat buyers in time and much litigation are in process in this regard. There is no point in cursing letter but one must know that there are many advantages of understanding distinctive characteristics of Trusted Real Estate Developers before finalizing a buying decision. There are few basic characteristics of such a trusted developer.

Customer Centric Attitude: A developer who right from the stages of design, planning and construction thinks about the requirements of customers. Customer is always developer’s priority while booking a flat or a shop with complete transparency without any hidden cost. Customers should feel comfortable dealing with such Developers.

Uniqueness in Construction Quality:  A successful Developer never deprives its customers with quality of construction. A trusted Real Estate Developer always tries to give more than the customer expects whether it is about some special feature in design, services or ambiance that are unique to the finest details of construction, everything in project reflects the quality.

Creativity Aspect: This aspect is easily identifiable with the Developer. The Developer leaves its signature stamp in the construction style by which any one can identify the Developer not only in terms of architecture and design, but also in terms of how sustainable, Eco-friendly and future-oriented they are.

Goodwill in the Market: A Trusted Real Estate Developers earns goodwill in the market over a period of time and takes a considerable time to gain the trustworthiness through mouth publicity of their existing customers. The Credibility is gained due to their transparency, reliability and consistency.

Efficiency in Tackling Problems: A successful and Trusted Real Estate Developer is that who has very sound problem solving capability. For instance when due to lock-down due to COVID 19 happened, most of the migratory construction laborers  faced huge financial  problem as they are daily wage earners and large number left the city to be back in their village. KW Group in Raj Nagar Extension provided their migratory construction laborers with free accommodation and free food. Due to this brave step, KW Group is not facing any labor shortage and will be able to hand over their KW Delhi 6 commercial project within the scheduled time.

Source Link: - https://kworldgroup97.wordpress.com/2020/06/27/distinctiveness-of-trusted-real-estate-developers/

Contribution of Real Estate Developers for Human Development Index (HDI)

A country can be said to be developing when the people get safe shelter to live. Real Estate Developers are the major contributor to the economy of a country, it is over 10% of the entire GDP of a country and a major contributor to FDI. Any location starts developing only if the Infrastructure and housing projects come up in that location. Raj Nagar Extension in Ghaziabad has very less population just a decade back but with infrastructure development and Real Estate Developers started taking interest. Many Housing projects came up in Raj Nagar Extension and this gave a boost to business and employment opportunities. Large number of commercial spaces came up to cater to business houses.

KW Group which has built KW Srishti in Raj Nagar Extension having Eleven Towers with 1505 apartments. This development has led to KW Group constructing another mega retail hub KW Delhi 6, a Mall in the same locality. The Real Estate Development is an ongoing process. Infrastructural Development leads to development of housing projects which leads to the development of business and economy with requirement of space for commercial activities and thereby Development of Commercial spaces, development of Malls for retail hubs etc. Real Estate Developers provide huge employment opportunities. Over the years the Real Estate Sector has shifted from an un-organized sector to an organized sector and now it is considered to be a core sector and a major contributor to the economy of a country. The modern construction technology has a major impact in Real Estate sector. The entire urbanization depends on the construction development in a city area. By 2040, real estate market to grow to Rs 65,000 crore (US$ 9.30 billion) from Rs 12,000 crore (US$ 1.72 billion) in 2019. Real estate sector in India is expected to reach a market size of US$ 1 trillion by 2030 from US$ 120 billion in 2017 and contribute 13 per cent of the country’s GDP by 2025. Retail, hospitality and commercial real estate are also growing significantly, providing the much-needed infrastructure for India's growing needs. Indian real estate increased by 19.5 per cent CAGR from 2017 to 2028.

Source Link: - https://kworldgroup97.wordpress.com/2020/06/23/contribution-of-real-estate-developers-for-human-development-index-hdi/

Trusted Real Estate Developers in Delhi NCR

The building of tall buildings in the 1880s gave the skyscraper its first architectural movement the Chicago School, which developed what has been called the Commercial Style. The architect, Major William Le Baron Jenney, created a load-bearing structural frame.

The concept of multi storey construction came in India much later in the mid of 20^th century. Some building contractors started acquiring land and entered into joint ventures Land owners. A new sector of business for Real Estate Developers started and slowly it took a major leap within a few decades time. Mumbai being the Commercial Capital of India, the growth of Real Estate Developers were very fast followed by other metro cities. Some well known names were Shapoorji Pallonji, Raheja, Mittal, Godrej properties etc. in Bombay. In the Northern side Delhi and its fringe area became main hub for Real Estate Development. Gurugram, Noida picked up the speed of development with development of Industries in these areas and construction of infrastructure undertaken by government. In Gurugram and Noida many construction companies started acquiring large stretched of land for commercial construction. DLF is one of such company based in Delhi, which started building integrated cities with housing as well as well as commercial spaces to meet the requirements of big offices. KW Group is one of the Real Estate Developer, which started two decades back by constructing warehouses and then over years built several high-rise housing complexes in Gurugram, Greater Noida, Noida and in Ghaziabad. KW Group is now building a mega commercial project KW Delhi 6 in Raj Nagar Extension, Ghaziabad. There are large numbers of Residential and Commercial projects being undertaken by Real Estate Developers in different parts of the country. The activities of Real Estate Developers exist now in every smaller cities of the country and contribute more than 10% towards India GDP and expected to reach 13% by 2025. Now the concept of joint venture projects have even entered the sub-urban areas as the connectivity due to Metro rail and express ways have given a major boost in the growth of Real Estate Developers in India.

Source Link: - https://kworldgroup97.wordpress.com/2020/06/13/trusted-real-estate-developers-in-delhi-ncr/