How top developers, such as Vinod Goenka, meet metro real estate needs

Posted by Shruti Sharma
3
Feb 26, 2020
402 Views

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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