Realty Sector in Greater Noida and Noida with lot of promising projects, both commercial and residential always gained attention for investors as it is most promising and developing location to invest. With several new developers offering lucrative assured returns and project location, the available options to opt are increasing.
A very challenging choice to make in realty sector arises when there is choice of multiple projects but there is no option to get genuine reviews or bank upon the credibility. Perception, Credibility, Reputation of Developer, Innovation and Approach, Vision of Company and Experience of Management becomes prime consideration factors in such a scenario. For any new Developer, Project Advantage, Location Advantage, Experience of Industry and Professional Dedicated Team is their key strengths. One such successful example of recent times was Premia Corporate City by Premia Group, announced in Knowledge Park 5, Greater Noida as India’s First Corporate City where the experience, trust, credibility and expertise of its CMD, Tarun Shienh made the project popular and most promising commercial project for the investors.
Most of the projects launched in recent years are either into construction phase or yet to start, therefore in terms of perception and reputation, these new developers have yet to prove once they actually deliver. But for an investor location advantage, capital appreciation and assured return or other schemes introduced by developer acts as bait where they actually miss out credibility factor which actually comes only once they deliver something. Almost every project being announced is going to be delivered sooner or later in normal circumstances but more important is at what cost and delays.
Several pending reforms by Govt. and acts further increase the uncertainty. Still the region continues to be preferred investment option due to its strategic location, scope of development, connectivity, infrastructure development and being close to most of commercial and corporate centre and Delhi.
In this confused and uncertainty scenario, there is actually a need of builder and project comparison portal to come into picture, where expect and genuine reviews with pro-cons of the project can be shared. Most of the online platforms available right now provide managed and manipulated reviews and personalized opinions but one professionally managed and non biased platform like this will definitely be an ideal option for the investors to check out the options available, their credibility and genuine ratings. This will actually provide an escape to with media managed and online reputation management ill practices and branding strategies.
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Disclaimer:
There are 3 NBW, Several FIR and Approx. 500 Cases in Courts (RERA, Criminal, Consumer) against Tarun Shienh, Director, Founder and CEO of Premia Projects Limited, which was started in 2012 and Mr. Tarun is absconding after a fraud of several crores where hard earned money of middle class people is at stake due to non completion and delivery of real estate project announced by Premia Group.