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The Best Best Constructive Builders and Realtors in Visakhapatnam (Vizag)

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GK Projects, Visakhapatnam

Reviews and Ratings of  GK Projects in East Point colony, Visakhapatnam5.0 (1 votes) | 📈 Profile Views: 211
📌East Point colony, Visakhapatnam.
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Builders in Visakhapatnam (Vizag) : GK Projects in East Point colony


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Nearby Area
🔍 Akkayyapalem
🔍 BS Layout
🔍 CBM Compound
🔍 Chinamushidiwada
🔍 Collector Office
🔍 Dabagardens
🔍 Diamondpark
🔍 Dwarakanagar
🔍 East Point colony
🔍 Gajuwaka
🔍 Gnanapuram
🔍 Isukathota
🔍 kancharapalem
🔍 Kapuluppada
🔍 Lalitha nagar
🔍 Lawsons Bay Colony
🔍 Lawsonsbay Colony
🔍 Maddilapalem
🔍 Madhavadhara
🔍 Madhurawada
🔍 MVP Colony
🔍 Nathayyapalem
🔍 Old Dairy Farm
🔍 Pedawaltair
🔍 Pendurthi
🔍 Port Area
🔍 Rama Talkies
🔍 Ramatalkies
🔍 Seethammadhara
🔍 Seethammapeta
🔍 siripuram
🔍 Srinagar
🔍 Vepagunta
🔍 Visakhapatnam

Constructive builders and realtors

There are many professions in the universe, and all those professionals can’t live without them: builders and realtors. In many cases, the roles of realtor and builder will be played by a single person in Visakhapatnam (Vizag). A realtor is a person dealing with properties of all types, such as farmlands, agricultural lands, orchards, and construction sites. Many a time, this realtor also does builder incarnation by raising buildings, both residential and commercial, on the sites he owns. The builder makes agreements with the landlords and sells the constructed buildings to others in Visakhapatnam (Vizag). In 2021, around 40 million square feet were delivered in India. In the upcoming 2-3 years, India is expected to have a 40 percent market share and deliver 46 million square feet in 2022. By 2025, real estate demand would increase by 15–18 million.

Investments by Realtors and Builders

First of all, a realtor has to pay for purchasing land from landlords, and for that, he has to invest a minimum of Rs 5 crore, approximately in these days in Visakhapatnam (Vizag). After that, he can sell that by way of laying plots, or else he can raise buildings and sell flats, independent houses, or gated communities. Whereas the builder can enter into an agreement with the landlord by just paying the minimum token amount, go for construction, and sell his share of flats to others in Visakhapatnam (Vizag).

Returns on investment

Using the cash-on-cash rate calculation, a good return rate is 8–12% for realtors and builders. But the majority of realtors won’t settle for anything less than 20%. In the case of builders, this RoI can be changed as they have to maintain staff and feed them in the form of wages even when they are not engaged in construction activity, and this will not be less than 15% these days.

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