There are thousands of real estate developers in India but only a handful can be considered as trusted real estate developers. It takes several years to gain trust from the customers in real estate sector but does not take much time for losing the trust. The keywords are consistency and sustainability in quality and service. There are many real estate builders in India who gained huge name at the beginning but due to over trading and financial manipulations got into severe trouble. It is very important to be genuine to the core without any intention to deprive anyone. There is no relation between a big builder and a genuine builder. There are some builders who take up small projects but have tremendous demand due to their reputation in the local area. There are many top builders who have gain the reputation a trusted real estate developers like Godrej Properties, Rahejas, DLF projects, Ansal Properties, Omaxe, Prestige Group, KW Group Pvt. Ltd. and many more who have gained reputation by maintaining quality ,delivery schedule and complete transparency with their customers. The reputation much depends on Management of the construction company. Trusted real estate developers do not have to wait for too long to get their projects booked in advance.
KW Group which a highly trusted real estate developers in Delhi NCR has a commercial project KW Delhi 6 in Raj Nagar Extension, Ghaziabad. This project is through under construction but large number of PAN India retail chains has already booked their space in the project. Similarly when Godrej Properties announces launch of their residential project , prospective buyers line up with their booking money. This is not the case with most of the real estate developers in India, they have to spend a lot on advertisement and publicity, still they have to struggle to get their projects booked in today’s market. This is mainly due to the recent cases where the flat buyers did not get possession even after waiting for several years after the committed time. There are few thousand cases pending in the court, there are many default cases against real estate developers in India. There are builders who have been taken into custody for cheating Nationalized and Private Banks. Thus now buyers are more careful and most of the buyers are preferring to buy flat or a commercial space in a ready to move project. However the trusted real estate developers in India have an edge over the rest of the builders in the market. The market is also experiencing many changes by implementing protective laws and regulations like RERA and strict monitoring by State government agencies.
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