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 20th
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/
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