Current Trends in Real Estate Project

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Current Trends in Real Estate Project

Real Estate Projects in Delhi NCR has undergone a major overhaul with the latest developments brought in by the government regulation.

  • The stringent implementation of RERA (Real Estate Regulatory Authority) now makes it mandatory for all residential and commercial real estate projects to register before launching a project to ensure 100% transparency in the project marketing and execution.
  • The background checking and verification of builders which is imperative to ensure validity of the dealing, is now done at a preliminary level and mechanism has been set in place for speedy redressal of consumer grievances, in case of fallout of the deal.

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Housing projects are no more a promise to deliver four walls and a roof to the consumer but has gone beyond the expectations of transforming desires into reality. Changing times have necessitated that with the increase in purchasing power of the average consumer, their expectations have also increased. Home is no more a place of shelter and safety, it is the ultimate recourse to comfort, convenience and style.

  • Home-owners today expect to have their own small haven of greenery inside the complex, smart technology set-up to enable Wi-Fi and high speed fibre optic connectivity and impenetrable security from outside intrusions and threat factors.
  • They need gymnasiums, yoga centres and walking zones for fitness, play areas for toddlers and kids, dedicated tracks for sports, swimming pools for relaxation, clubs and pool areas for entertainment and convenience stores for running their daily errand.
  • In short, unless and until they are one of the lucky few who avail work from home options, the rest of the average city-goer needs only to step out for work. Balance relaxation, entertainment and fitness is all taken care of, inside the housing projects.

Builders in Delhi NCR are vying against one another to provide the best deal to the customer at the most reasonable price. In terms of connectivity and accessibility, proximity to best of schools, colleges and medical centres, Delhi NCR is booming.

From a vantage location point of view, credibility of the builder and assurance of quality, Bharat City is re-inventing the definition of luxurious living and is worth looking into, for those scouting for smart, automated Real Estate in Delhi-NCR.

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