Quite optimistic about the growth potential of Delhi-NCR’s realty market: B K Malagi

financialexpress.com:

Gurugram-based Experion Developers Pvt Ltd is currently on a land acquisition spree and prioritizes government-auctioned lands due to their regulatory advantages. While residential and commercial projects are its current focus, the company is open to exploring other possibilities also, including hospitality and student housing, in the future.

“Our emphasis on land acquisitions is guided by strategic objectives that align with our unwavering dedication to delivering exceptional real estate projects. These acquired lands will serve as the foundation for the upcoming luxury residential developments, underscoring a pivotal achievement for our company and reaffirming our strong commitment to India’s burgeoning real estate sector and its growth trajectory,” says B K Malagi, COO, Experion Developers.

In an exclusive interview with Sanjeev Sinha, Mr Malagi talks about the key trends prevailing in the residential real estate market and shares his business outlook. Excerpts:

How do you determine the feasibility and potential profitability of a land acquisition?

Determining the feasibility and potential profitability of a land acquisition is a meticulous process at Experion Developers Pvt Ltd. Our approach involves comprehensive analysis and collaboration not only to understand the present context but also predict future trends too. Here’s how we assess land acquisition:

In a nutshell, our process combines thorough analysis, market insights, and careful planning to ensure that each land acquisition aligns with our commitment to quality, compliance, and profitability.

Also Read: Building Your Dream Home: Key financial considerations for constructing a house in India

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