Buying a home or any property is an investment for life. Though factors like location and price play a crucial role, it is equally important to consider the reputation and experience of the builder of that project. This will allow one to make a more educated decision.
There are several builders in Kolkata who have built projects in various categories, including residential and commercial developments. In case one is comparing the top 5 real estate companies in Kolkata, it becomes necessary to go beyond marketing and evaluate them based on several parameters like project delivery, choice of location, construction experience and diversity of projects built.
What Makes a Real Estate Company Stand Out?
The best real estate companies in Kolkata should not have only ongoing projects to offer. They should have completed projects that will give potential clients an insight into their performance.
Some of the things to look at include:
Track Record of Completed Projects
Experience is better understood when a developer has a completed portfolio. Check out the number of projects completed, the geographical regions covered, and the kind of property development done. When real estate companies with completed projects have a portfolio with diversity, there is a higher likelihood that they bring in experience to meet diverse demands.
Reputation and Customer Experience
It builds over a period of time. The buyer can refer to client feedback, the history of the developer, any awards they have received, and their post-purchase customer support. More useful information will be gathered from a history that spans many successful developments.
Location and Project Selection
Choice of location by a developer is also important. There will be established developers having projects in many places around the city, hence giving buyers the ability to choose from the various locations.
Range of Developments
Experience within various residential, commercial, retail, and other types of properties can show the extent of the developer’s capability. The buyer should look into the experience of the developer with the type of property they want to buy.
Comparing Leading Real Estate Developers in Kolkata
An analysis of the top 5 real estate companies in Kolkata must take into account verifiable factors instead of just listing one developer over the other in terms of ranking. Buyers can compare the developers according to their portfolio of completed projects, their experience in the real estate industry, projects currently being developed, location and client feedback.
For example, Srijan, having entered the real estate development business from real estate marketing in 2003, today has a portfolio ranging from residential to commercial to warehousing developments at various locations.
The portfolio of completed projects by Srijan includes Greenfield City, Ozone, Eternis, Srijan Corporate Park and Srijan Industrial Logistic Park. The company has developed projects in both well-established and upcoming areas of Kolkata, providing a variety of choices to buyers.
The current portfolio of Srijan includes residential projects such as Town Square, The Royal Ganges, Botanica and Palladina and commercial projects such as Intellia, WestCom and Logos. The company also has warehousing projects in its portfolio of projects in Kolkata.
It would help the buyers analyse a developer considering both his completed projects and his ongoing portfolio.
Why Completed Projects Matter
In evaluating real estate companies with proven track records, completed projects provide important details. Customers are able to judge the ageing of projects and gauge the quality of amenities as well as the development of the area surrounding it.
Completed projects will also give insights into the developer’s strategy for planning, amenities, and community management. Viewing completed projects and talking to current residents is thus an important step in the purchasing process.
As per Srijan, we have launched more than 34 projects amounting to about 11 million sq. ft. while developing a substantial pipeline of future projects.
What Should Buyers Check Before Choosing a Developer?
When selecting your choice of a property, use real parameters to distinguish between developers, instead of considering only their brands.
These include:
- Number of projects completed
- Location and connectivity of the projects
- Record of construction and delivery of the projects
- RERA registered status of the particular project
- Quality of amenities and common areas
- Feedback from previous customers
- Post-possession service
- New projects
However, it is equally important to consider the particular project too, despite the reputation of the developer.
Choosing Among the Top Real Estate Companies in Kolkata
Every developer does not suit all buyers. The needs of one buyer may include affordability and accessibility, while another buyer would be interested in buying luxury apartments or houses or even making investments. Buyers in the commercial realty sector have their own set of demands.
This is why, when choosing the top real estate developers in Kolkata, what one should keep in mind is the right mix of experience, completed projects, the type of locations and suitability of the development.
With experience spanning over two decades in the field of real estate development, Srijan gives a diverse range of options for property categories and locations. Completed projects of the developer make yet another parameter for the buyers when considering the developer and deciding to buy a project.
It is in comparing the developer and project that one gets to find the right one.
FAQs
- What considerations should be taken into account while analysing real estate firms in Kolkata?
Consider completed projects, reputation, deliveries, locations, clients’ opinions, approvals and the experience of the developer in building such kinds of houses.
- Why does a developer have completed projects for comparison purposes?
Completed projects give buyers the opportunity to analyse the work of the company, its constructions and maintenance, not just plans.
- What ways do I have for finding whether a firm is a reliable one?
Analyse its completed projects, if possible; see the house yourself; talk to its owners; and find out about the project’s official information from the developer.
- Should I pay attention to the developer rather than to the project?
Both are essential. A developer’s experience is valuable for buying, but at the same time you have to estimate the project’s location, approvals, specifications, price and possession period.
- Are experienced real estate developers always good for me?
No, the right developer may differ depending on the project’s specifications, location and other personal preferences of the buyer.
