Realtors in NCR enter into joint ventures with financially strong developers
Property developers in the Delhi-NCR region are partnering financially strong developers from the country’s South and West to restart stuck realty projects in the backdrop of a constant cash crisis, the powerful Real Estate Regulatory Act (RERA), and the warning of being taken to the National Company Law Tribunal (NCLT).
Financially sound companies like Godrej Properties, Prestige Group, and Kalpataru Group have entered into joint ventures, joint development and development management agreements in the country’s most comprehensive property market by volume.
Local developers are unable to develop on their own and are under the warning of being taken to the NCLT as buyers favor corporate developers with a better track record.
Delhi NCR, Godrej Properties, Homebuyers, Kalpataru Group, National Company Law Tribunal (NCLT), NCR Realtors Joint Ventures with strong developers, Prestige Group, top builders in India
