Seasoned developers showcasing professionalism via deliveries this year

The year 2021 is highly likely to be remembered as a year of new energy in the real estate sector. With long-term lessons from 2020, seasoned developers have not only revised their strategies to market and sell their projects but even gone beyond their means to fit as a leader in the technology integration and the updated construction techniques.

However, some things never change for the real estate industry. There is an old saying that goes, “What you see sells”, and this will always hold true in realty.

The Oct-Dec quarterly reports by Proptiger.com also shows ready to move in units being the major contributors in the sales figures of the top 8 cities in Indian real estate market. The typical buyer’s mindset has been undeterred even after a global pandemic has struck the world.

Their trust and willingness towards a property rise as the project nears its possession timeline. In order to fully encash upon this evergreen buyer’s desire, seasoned developers post unlock have not only dedicated their resources to improving their supply chain and maintaining a steady supply of raw materials but have also upskilled their labourers to be specialized in more than one task.

This upskilling and training of labourers are going to be coming in handy for timely deliveries.

Delivering on time this year will help developers’ earn a much-dignified stature among the realtors’ fraternity and also elevate them as a trusted brand known for keeping up their promises.

The project deliveries to genuine buyers will also be helpful in marketing and promoting the project on the media platforms and new age channels. It would also highlight them as industry leaders capable of leading a team through thick and thin, without letting any loss being translated to their customers.

The timely deliveries in residential projects will usher in a new wave for efficiency and set standards in the industry which is collectively known to have an inventory overhang of around 47 months in the top 8 markets.

A good number of properties are lined up for delivery across the country, especially in the micro-market of Yamuna Expressway. There is a mixed bag of real estate players in this micro-market, from experienced to new entrants waiting to unleash the multitude of opportunities this hub of industrial and commercial growth in UP has to offer.

Jewar Airport and Film City development will boost the overall liveability index of the region, making it an investment hub in the coming 3-4 years.