Prithu Builder's Private Limited
16 Apr
16Apr

Most of us dream of staying in metropolitan cities. It can vary on an individual basis as to why they are opting for urban life, education, business, work, or permanent stay. These factors have contributed to booming real estate companies in Delhi

The real estate market has emerged as one of the most lucrative businesses in the Delhi and NCR region.With this, states that are sharing boundaries with Delhi, like Noida Gurugram and Faridabad, are highly desired areas for the newcomers in the corporate sector looking for rented houses or PGs here, and this renting home or business space is a newly emerging economic sector that is contributed by real estate.  

How many types of Real Estate Companies are present?

Seeing the differentiated factors of booming real estate in Urban and suburban areas. There is the presence of the following types of real estate companies 

  • Residential builders
  • Commercial builders
  • Mixed-use developers
  • Luxury real estate firms


Major Services Provided

  • Property development
  • Real estate brokerage
  • Investment advisory
  • Property management


How are current Market Trends in NCR heading?

Current market trends are social media based on the reach of real estate advertisement, which has mainly increased due to social media platforms like Instagram and Facebook, digital marketing through websites, and posting videos on YouTube platforms. Current market trends are driven by aesthetic and luxury lifestyles. But from an economic point of view, here are some focus areas: 

  • Commercial Property Market Boom  
  • Growth of Luxury Real Estate


What are some specific home construction costs considered during project initiation?

Though building a project includes various costs, some are unavoidable in Home Construction Cost determination:

  • Location  
  • Type of Construction:
    • Type 1 - Basic Construction
    • Type 2 - Premium Construction
  • Labour wage
  • Energy requirements 
  • Transportation


So many things go into play with respect to the status and valuation of properties; in other words, property markets comprise different types of companies, each operating in varied aspects of residential and commercial activities, be it in the sale of these properties, management of the property, investment in it, or development. 

Understanding the infrastructure surrounding these services becomes very relevant to any buyer, investor, or developer. Several market trends do come into play with respect to property values and investment desirability: interest rates, changes in supply and demand, and general economic conditions. 

Prithu Builders will navigate you through this and ensure the success of the project and your specifications. 

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