Real Estate Developers | KW Group
Since 4th March 2020 Government announces complete lock down due to the pandemic caused by Corona virus. One of the worst effected sectors was Real estate Industry. There was complete stoppage of work at all construction sites. The most troubled people were the migrant construction workers. Most of Real Estate Developers do not provide accommodation to these laborers at site so they have to rent out a house. Since their income had abruptly stopped, these poor laborers faced severe problem to meet their expenses. When Government made temporary arrangement for these migrant laborers to go to their respective villages, there was a complete exodus. Real Estate Developers in Delhi NCR with huge inventory of semi finished construction work is now in trouble. Although state government has allowed re-start of construction work even the top real estate developers in Delhi NCR are facing acute shortage of construction workers and are not sure whether they will be able to deliver possessions within the committed time, though RERA has allowed 6- months leeway but return of these migrant workers are still doubtful. In Delhi NCR most of the big real estate developers have huge exposures and take up large number of projects in different locations at the same time. Some of them have fallen into severe financial crunch due to their over ambition. They are losing trust of the buyers. The trusted Real Estate Developers are those who always keep proper balance and keep commitments to their customers as well as to their employees and construction workers.
KW Group is one such Real Estate Developers who does not believe in over exposures and during this shut down they provided free accommodation and food along with items of daily needs to their construction workers. After the lock down is lifted KW Group is not facing any problem of employing required numbers of laborers to complete their KW Delhi 6 project in Raj Nagar Extension within the committed time. Best Real Estate Developers in Delhi NCR are these who used the latest technology and took advantage of online tools to carry out their day to day administrative work and exhibited great human aspect by providing financial support to their staff, workers and contract laborers. These are the developers who are adjudged the best because of the high Human Development Index (HDI).
Source Link: - https://kworldgroup97.wordpress.com/2020/06/18/real-estate-developers-kw-group/
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