Builders Reputation is perhaps the number 1 element every homebuyer looks at before plunging into the journey towards his or her dream home!
In many cases, the dream of a property buyer is crashed when the words are not kept. The promised facilities are either not available in time or ever by the builder, which is why you need to keep your brand reputation in check tending to properties. A is a major investment of a lifetime. You would not want to take any chances; therefore, before investing or choosing a builder, you need to know more about your builder status and builder reputation in general, entrusting them with something so major.
Builders reputation plays a vital role in real estate today. As the sector boasts of a great number of builders and developers, especially in Tier 1 and Tier 2 cities are trying to grab a greater bite of the market. As a prospective buyer, it can often get confusing to choose the best builder or analyze the builder reputation.
The RIGHT builder will help you to get your dream property or home easy, and this is why selecting the right builder is vital or important because the builder is the person or the company in charge of providing you with a home or builds your dream home.
Fret no more as we have for you a few tips for assessing your builder reputation and their brand reputation before purchasing the property:
Conduct a check on the background and builder reputation by getting a list of good developers from the internet and print media and get a basic understanding and overview of their brand reputation. Doing basic research on the projects they have completed or their under-construction ones, casually visiting their offices a couple of times, thus verifying their claims as well as their office address and phone numbers, is a great way to start.
Better yet is to find a proper customer or client testimonials! More on that in the next point.
The world has really shrunk beyond comparison because of the internet, and now more than ever, word of mouth has become a great deal in determining the quality of a builder. Builder Reputation is now constructed on the recommendations and referrals of the family, colleagues or friends of the home buyer.
Being a part of the organizations or trade associations is a trait commonly seen amongst popular developers and reputed builders. Suppose they are part of an existing organization such as CREDAI - Confederation of Real Estate Developers Association of India or BAI - Builders' Association of India. Organizations like these take a great step towards ensuring a proper ethical code of conduct and would blacklist anyone who diverges from the same. These associations also help the builder groups stand tall in times of trouble and help facilitate financing as well.
If the projects of a builder or developer group are approved by the Governmental or Regulatory authorities, then it's a sure sign that the group actually emphasizes quality and ethics. The ISO 9000+ certification to check the reputation of the builder. International Organization for Standardization's 9001:2008 certification is really hard to come by and is based on customer satisfaction and reliability amongst other principles, and only the staunch practitioners of the same are given the same.
Obviously, it is rather practical to buy a home from an experienced builder with a good track record rather than a newcomer, even though the cases might just be reversed. But often 8/10 cases, pushes us to go for a builder with a good delivery record and who has more of a professional approach.
Besides, they will have enough transparency in their affairs and processes as compared to others, and a lack of transparency is a good enough reason for you to not buy.
It is rather easy to get the ratings of any business or company these days; Google has made sure of that now. However, apart from the google reviews as well a realty websites ratings, which gives an accurate idea of the builders' weakness and strengths, old school realty ratings too affect the builder reputation. Since 2010 the CREST or CRISIL Real Estate Star Ratings, as well as National Developer Ratings, are a good way to analyze the construction standards, transfer of titles, legal standards and other elements that add to a good track record which boosts the brand credibility of the builders and developers.
Is the company financially stable, or is it overleveraged? Yes, this is a very important question to ask ourselves, especially when concerning the brand reputation, we have to be extra careful. Now you can get these details like the balance sheet, cash flow statement, ROC details from the concerned Registrars of Companies (ROC) office or The Ministry of Corporate Affairs website. Only a company with enough financial strength can beat off the loans and finish up the projects on time.
Yes, we realize that buying a dream home is a great deal to many, and in the process, you aspire to get your dream home, often battling out various factors, including the risking of your lifetime savings, time, effort and many more. And thus, it is elementary that you choose a developer who can give you the best in terms of quality construction, legally hassle-free land and property and so on. And thus analyzing the builders credibility or reputation is what mostly matters in the game of home hunting.
Get the Latest News and Updates Of Indian Real Estate
Read more stories
Well, we are aware that real estate has never exactly been one of those binge-worthy blog categories. It has neither been the kind of topic you could not get enough of, nor is it half as juicy as celebrity gossip.
However, in India, real estate blogs are starting to get clicks and likes, and it has become one of the trending topics. People worldwide are beginning to realize how real estate as an industry affects the economy and how important it is to understand housing trends to enhance their lifestyle.!
The relevance of informative Indian blogs on real estate and finance are at an all-time high now. The youngsters are bidding big on investment options, and brackets such as realty have proved to be highly dependable compared to others.
The Millennials are flooding in to invest in apartments, plots, and villas, and the earliest members of the Gen-Zs' entering the workforce and looking forward to having their own homes. This has only fuelled the growth of digital real estate blogs to keep up with the tech-savvy generations.
Also, the real estate sector has been proving time and again, how reliable an investment choice it is. So, learning about the sector is the smart way to climb up the ranks, and where else can you learn so much except from real estate Blogs! Real estate is the second-largest contributor to the country's GDP; hence there is no doubt that it affects every one of us, whether we see a future in the Real Estate Industry or not. After all, we all live in our homes, and housing is a significant part of the industry.
We know exactly what you need to know and what you like. We know you want to feel engaged and entertained, and at the same time, hot housing news should be fed to you! We have turned the tables, grab a spoon, and start digging!
And Voilà! We present to you the most Interesting and Informative blogs!
As our name implies, we are not limited to realty alone, granted we do Specialize in it. We are all about Homes, and we are in love with Tech and Innovation! Naturally, our blogs cover a myriad of topics related to real estate and housing from Luxury, Lifestyle, Home Decor, Vastu, Real Estate News, Reviews, Tech & much more!
We make every one of our real estate blogs as interesting as it can get and attach with absolutely unique and accurate images, to provide you a better understanding. Not only do we cover a wide range of topics, but we also cover them at the right time. We update you on our socials such as Facebook, Instagram, Linkedin, Pinterest, and Twitter on every trending topic, so you are never miss anything and worry about being left behind!
However, we never go out of hand with our Indian real estate blogs that our beloved Readers have come to love over the years.
Everything in India is a state of constant flux; maybe that's why we Indians became one of the most adaptable and cosmopolitan people in the world!
If the nation's elements are shifting its focus, how can real estate be any different? Indian Real Estate Sector is perhaps one of the most dynamic ones in the entire world. Since the Real Estate in India is yet to be organized entirely, the variations in one segment affect another in ways difficult to comprehend.
The complexity and nuances can be understood only by reading about what is going on in the sector. Like we mentioned above, it affects every one of us. Hence it is essential to keep up to date.
With its ever-changing shifts and tides, it's virtually impossible to keep track of the sector's latest trends and sink our anchor deep. That's where we come in! We are just one google search away!
We also try to solve every home-related query through our Indian real estate blogs. And that's not all. We provide you insights on technologies that make the modern taste and rate of development possible, detailed analysis on real estate projects, insights on loans and taxes, advice on the home buying process, and articles on health and fitness. We provide you information about the trending topics in the Indian real estate industry.
We also host video podcasts named Expert's Voices, where we discuss with the leading players in the industry about market scenarios, offers, anything and everything related to real estate.
In addition, we host Real Estate News so you can stay updated on the sporadic events that happen around the country concerning Indian Real Estate. We also make short and easy to understand real estate video blogs.
We have got so many topics to read about that even if you have years of experience or are just curious and googling to get some ideas about Indian real estate blogs, you will find the best ones here.
At Homes247.in, we strive to provide you only the best real estate blogs. Our blogs are always entertaining; even the dullest subject we touch upon, we try to make it engaging. We make sure the best of the best is are the only standard we keep ourselves at when it comes to our service or our Indian real estate blogs.
Our team is made of a dynamic group of keen hands-on expert researchers who work tirelessly along with passionate and knowledgeable content writers to bring to your fingertips the world of real estate.
On every one of our real estate blogs, we research vigorously, write creatively, carefully compile, and thoughtfully curate the best real estate blogs, especially for you, from India's best content writers and contributors.