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/

KW Group | Best Real Estate Developer in Delhi NCR

KW Group Real Estate Company in Delhi NCR

KW Group Real Estate Developer 

KW Group | KW Delhi 6 Raj Nagar Extension Ghaziabad | Shopping Mall

KW Group | Kw Blue Pearl | Rare Gem of Karol Bagh

KW Group | KW Shrishti | Luxury With in Your Reach 

Trusted Real Estate Developers in Noida - KW Group

There are over 200 real estate developers in Noida and one of the most developing areas in Delhi NCR. Many of the projects undertaken by developers are stuck up in the mid way and the buyers are suffering. It is very important to know who trusted real estate developers in Noida are. A developer earns the trust of their customer by keeping to the commitment and providing good quality of product and services. It takes a long time to earn the trust. There are a dozens of trusted real estate developers in Noida who have their main focus in Noida, Greater Noida and Ghaziabad area are Godrej Properties. KW Group Pvt. Ltd, ATS Greens, Ace Group, TATA Value homes, Wave Infratech, Prateek Group, Gulshan Homes, Express builders are just a few who have been delivering quality housing for years.

KW Group having their corporate office in Noida has been in the market for last 20 years have earned the name as a trusted real estate developer in Noida through their effort in building large housing Complexes with utmost transparency and providing best quality in their construction. KW Group is also building a mega commercial project KW Delhi 6 in Raj Nagar Extension, Ghaziabad. Like KW Group there is other real estate companies who have through their long experience have earned the name. Trust is a very delicate expression as it takes a long time to build it but just a moment to loose. So consistency is very important.

Source Link: - https://kworldgroup97.wordpress.com/2020/05/14/trusted-real-estate-developers-in-noida-kw-group/

Spurring Demand for Shops in Ghaziabad

Ghaziabad has been developing at a very fast pace with many government and private projects coming up in different pockets. The Metro rail connections, Domestic Airport, 6-lane elevated road and revamping of Hindon River and its surrounding have made Ghaziabad an attractive destination for investors in Real Estate Business. There are many housing projects have come up giving rise to the requirement of Commercial spaces and shops. KW Group has been building a state of art Commercial project KW Delhi 6 on National Highway in Raj Nagar Extension, a prime location in Ghaziabad. This project has created a sensation due to its architectural extravaganza in line with the international quality standards. Shops for sale in Raj Nagar Extension is available at KW Delhi 6. The starting price for shop is Rs.33.00 lakhs with lot of benefits and facilities. The Mall will have food court, entertainment zone, snow house etc. Large number of PAN India retail brands have already booked shops in KW Delhi 6 Chandney project which is being build keeping the theme of age old Chandney Chawk, Delhi  Market in the modern form. Some of the prominent retail shops taken shops in this project are Reliance Smart, Louis Philippe, LIBAS, Van Heusen, Himalaya, Moti Mahal, Kiaasa, PETER ENGLAND, Allen Solly, Elini, Nirula’s, WOW momo, Chai Thela, Bread Crumbs, Being Human, BR Baskin Robbins, Raymond’s, Park Avenue, Bikanervala and many more.

KW Delhi 6 has come up with a unique strategy for sale of their shops. Due to lockdown, many prospective customers are unable to visit the site. The Marketing team along with the media team has come up with on-line shop booking facility. They have come up with the software which can virtually walk through the project site with every minute detail to make their choice. The online booking also come with an additional benefit of getting a discount of 10 % on the price of the shop that too with the complete guarantee of getting 100% booking money refund if the buyer does not want to buy the shop for any reason. This strategy can be adopted by only those real estate companies who are fully confident of their quality and commitments.

There are large numbers of real Estate business which have made their presence in Ghaziabad. The Raj Nagar Extension is a new development area where good numbers of reputed builders are coming up with commercial projects where commercial shops for sale are available. However, the sales of shops have slowed down due to the lock down which may be lifted on 15^th of April, 2020 but there are uncertainties. The long term solution to this problem can be tackled to some extent through online promotion of selling activity. This may become a trend for the future and the market will broaden up with the up gradation of software for creating more realistic virtual market in real estate business.

Source Link: - https://kworldgroup97.wordpress.com/2020/04/14/spurring-demand-for-shops-in-ghaziabad/

Demand for Housing Post Lockdown Period

Demand for housing is expected to drop post lockdown down period as an after effect of downslide in the economy die to the spread of Corona Virus Spread. The financial year 2020-21 is expected to be quite crucial for real estate developers. The year 2019 -20 had shown some improvement over the previous two years 2016-17 and 2018-19. Many of the real estate developers have large stock of unsold inventories. Best real estate companies in Ghaziabad are also facing near 100% halt in the sales as the undergoing projects have been halted as per the directions from the government. No buyers or the employees of these companies are able to do any kind of site visit physically. The new project launches in 2020-21 are expected to be much less, however the concentration would be more on selling the unsold inventory to streamline the cash flow.

Best real estate companies are gearing up to do most of their activities on-line and offering huge incentives to the prospective buyers to avail online option to book their new project. During this festive season, when the sale of properties surge, did not see the effect due to COVID-19. But expected with the new online selling effort learned buyers would be attracted and this will gain its momentum even after the lockdown period. Online selling process will be adopted by Real Estate builders and brokers which may become the future trend in selling Capital assets.

Due to stock clearance for ready to move flats, under construction flats are expected to fall in Delhi NCR region specially, Greater Noida, Ghaziabad and some newly developing areas around Delhi. This will amount to drop in price of ready to move flats and simultaneously flats in under construction projects. This price drop is expected in the initial quarters of 2020-21 as the real estate are facing huge cash crunch due to high unsold inventory. Many of the Real Estate builders have done over trading by taking more projects than their sustainable business volume thinking that they will be able to manage with the advance booking money but this did not happen. Most of the buyers have become cautious for not getting their money blocked in an upcoming project and prefer buying a property which is ready to move.

Best real Estate Companies in Ghaziabad are at less risk as they do not have large inventory of unsold flats in their housing project. KW Group Pvt. Ltd is one such company which built 11 housing towers in their KW Srishti  project in Raj Nagar extension. In this project there is hardly any unsold flat and similarly their upcoming commercial project KW Delhi 6 in Raj Nagar Extension, Ghaziabad has already been booked by large number of PAN India retail chains. The demand for shops is very high due to the reputation of KW Group.

Social Responsibility of Real Estate Developers During Lockdown for COVID-19

Real Estate Developer

The construction workers in Delhi NCR are mostly migrants from different rural locations from different states as far as from Bihar, West Bengal and Orissa. These workers migrate temporarily to project site along with their family members. Real Estate Builders normally provide them with temporary accommodation near the site. These workers are wage earners and do not have any other source of income. These laborers are employed by the labor contractors appointed by the Real Estate Developers. The crisis caused by the total lockdown to avoid Corona Virus spread, all activities in the construction site have been suspended and made the condition of these site workers miserable. Many such laborers who are from nearby villages have fled fearing that they will not be able to buy food for themselves.

KW Group Pvt. Ltd. which is a top real Estate Company in Delhi NCR has come forward to protect these laborers and their family.KW Group has a mega commercial project KW Delhi 6 is coming up in Raj Nagar Extension, Ghaziabad which has  large number of contract laborers staying near the site or in nearby shanties with their family. In this crisis period Corporate Social Responsibility is of prime importance.KW Group has taken the complete responsibility to look after the welfare of these poor laborers and their family by providing them with free supplies of medicines, food and other daily need requirements so that non of these workers or their family member has to undergo any problem during this crisis moment. It should be the responsibility of every Real Estate Builders to support the cause and come forward with help for these construction laborers. Top Real Estate Companies in Delhi NCR should come together to take control of the situation along with Government support and guidance.

Source Link:- https://kworldgroup97.wordpress.com/2020/03/31/social-responsibility-of-real-estate-developers-during-lockdown-for-covid-19/