How top developers, such as Vinod Goenka, meet metro real estate needs
Residents of metro cities, or those relocating, have unique
demand structures requiring increased attention from leading developers. The
top developers in these cities, such as Vinod Goenka director of DB Realty,
focus on enhancing the value proposition of each project through innovative
design and quality construction practices.
I – Understanding market expectations
Leading developers understand market expectations
holistically, which is why they invest in extensively researching key metro sites
in the country. Added to that, there are significant resources tied to
analysing each new market, as it rises, while studying competitive offerings in
the region.
The depth of groundwork put into every project enhances its
overall value, which leads to more buyers opting for these desirable
properties. These top developers have greater local knowledge about each
upcoming region, making their projects more appealing to buyers across the
country.
II – Forecasting new trends within the space
Metro buyers may be looking for a great property in a
growing region, but they’re also seeking aesthetically pleasing projects.
That’s why leading developers, such as Vinod Goenka, enhance the
design & aesthetic aspect of all their projects to ensure maximum desirability
thereby uplifting project value.
New locations may also be waiting to be explored by these
developers, based on the ongoing infrastructure work in that area.
Additionally, developers may also be looking at major cities across the country
to uncover similar suburbs that may be available for new developments.
III – Engaging with buyer & investor groups
Leading developers interact regularly with home societies,
stakeholder associations, and investor groups, to find their core real estate
needs. This streamlines the insight derivation process for many developers, who
then design innovative housing complexes for diverse buyer groups.
By incorporating technologically advanced strategies within
these projects, they better meet buyer expectations. Additionally, engaging
with buyer groups piques the interest in new properties, which gives them the
initial boost necessary to increase demand. That’s why these projects rise in
value quicker than traditional stalling projects.
IV – Adopting leading development practices
Premier developers understand that metro city buyers are
looking for quality of life, as well as a great investment opportunity. Buyers
are always looking for a great home that can also be rented out for recurring
income. That’s why they invest in leading development practices, to enhance the
property value while reducing dependency on frequent maintenance/upkeep.
Developers are also leveraging green practices that help in ensuring
sustainability long-term. Residents of these projects can enjoy fresh air and
long-walks through well-kept society grounds. Additionally, through solar technologies
and energy conservation practices, the cost of living in these projects is also
significantly streamlined.
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