What to Look For in a Real Estate Development Company Delhi NCR - KPDK Buildtech

What to Look For in a Real Estate Development Company Delhi NCR

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Real Estate Development Company Delhi NCR
June 14, 2018
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What to Look For in a Real Estate Development Company Delhi NCR

Are you looking for a real estate development company in Delhi NCR? If so, what are you looking for? How would you evaluate a company?

The first thing is if they are recommended by someone you know who has dealt with them in the past and had a good experience. Considering some of the recent problems that real estate developers have had in the Delhi NCR, you might want to check out if they have any lawsuits outstanding against them.

If they do, that does not necessarily mean you shouldn’t deal with them. In business, things happen and sometimes there are lawsuits. However, if there are a number of them and there is a pattern to the charges filed, beware.

How long have they been in business? Sometimes this is tricky. For instance, KPDK Buildtech was created in 2013 which isn’t that long ago but it is part of MKG Group which has been around since 1971.

How many and what types of projects has the company completed. Is this its first project or its 100th? If they have done many projects, they have a track record and presumably have worked out a lot of the possible problems that could be encountered.

For instance, KPDK Buildtech is working on its first couple of projects, but the people involved are the same people from MKG Group who have been involved with engineering, design, construction and other facets of malls, SEZs, hotels, commercial buildings, apartment buildings, township developments, office complexes and more.

If you can find out, you would also want to know the financial situation of the real estate development company Delhi NCR. Are they debt free or are they highly leveraged with lots of debt outstanding? If the latter, they might default in the middle of the project and leave you high and dry.

 

 

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