28.11.2012 - India: Residential real estate - From concept to construction
Residential project development begins as a concept, when the builder evaluates the market and decide on a suitable location based on historic and projected demand for housing in that area. The location should either have more demand than supply or there should be a lot of infrastructure coming up there. Experience plays a big role at this stage - developers with insufficient experience tend to misjudge an area's potential and suffer resulting losses..............................................Full Article: Source
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