Real Estate Project Depends on Two Things


Posted July 25, 2014 by orrisinfra

The credibility of any builder or real estate project depends on two things mainly, first and foremost the quality of the construction and secondly the timely delivery of the product.

 
A lot rides on timing on a real estate project. From the builder’s point of view, there are heavy costs, which involve, raw materials, and labor to name a few. As a project stretches on, the costs start to escalate and the margins of a builder decrease. But it’s not just the profits that suffer; the company reputation is at stake as well. The most successful builders in the market are the ones who are known to deliver their projects on time.

The consumer or buyer is as affected as the builder. People tend to put in a large chunk of their savings to buy commercial or residential properties. Important decisions like moving into the property or renting it, capital gains, taxation, depend on the delivery of the project. There have been families who have lost large sums of money or gone into debt because the delivery date that was promised to them was never met.

Thus it is of utmost important for the buyer as well as the seller that the property is delivered on time. The Orris Group is acutely aware of this and prides itself for timely delivery of projects.

While markets like Yamuna Expressway, Sec 82, 83 in Gurgaon and NH8, may have numerous commercial and residential properties trying to woo the customer. It is of prime importance that one checks the delivery records of the developer before putting in their life’s saving in someone else’s hands.

READ MORE VISIT : http://www.orris.in/real-estate
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Issued By OrrisInfra
Website upcoming projects in sector 85 gurgaon
Phone +91-124-4979200
Business Address Sector - 25, M.G. Road Gurgaon - 122002 Haryana
Country India
Categories Business , Property , Real Estate
Last Updated July 25, 2014