A builder also needs to have prior experience in residential development to succeed, and the gestation period for residential projects is no longer than that of residential projects. Seeing residential projects as a risky undertaking where lack of experience and capital will surely lead to failure, smaller developers usually prefer residential instead of residential projects. Supertech Spira Noida
The main reason behind this is that better grade of tenants prefer high-quality building with all amenities which are possible only for larger, reputed builders like Supertech. Supertech Limited is one of the established players catering the high-end demand of clients in residential section at emerging locations of the city, with the aim to capitalize on the demand coming from the primary and secondary work place hubs. Supertech Spira Residences
Residential projects are easy to develop on small plots and capital requirement is also much lower. There are several financing options available in the market and the gestation period is also lower. In addition, cash flows start immediately on the basis of bookings even before construction starts but in case of residential project, cash flows via rents that starts only after the completion of the building.
Some of the major residential projects by Supertech Limited include Shopprix Mall in Noida and Meerut, The Pentagon Mall in Rudrapur and many more. Also, builder has introduced the idea of mixed use development that is a combination of residential and residential. Supertech Spira Studios Noida
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