Interviews
Mr. Raj Bhatt – Joins CBS International as AVP Sales and Marketing
Many congratulations Raj for joining CBS International as AVP Sales and Marketing. As we know that so far you have been in marketing field for education sector, how do you think this real estate going to be different for you? Answer: Both the domains are quite different in nature. Education is like a staple diet and we majorly focus on students and their aspiration values where as real estate is a kind of field where we showcase dreams and work towards fulfilling them. It’s basically an augmentation of your educational and personal life where you move ahead for a better cumulative future. Earlier I used to sale dreams where one can empower people to get right jobs and today I advice them to invest in the dreams best suited for him and his family. In real estate, selling a project is not wh...
Exclusive interview with Mr. Ashish Jerath on Emaar MGF plan 2014, second quarter
Emaar MGF Land Limited is a joint venture between Emaar Properties PJSC (“Emaar”) of Dubai and MGF Development Limited (“MGF”) of India. Emaar MGF is a real estate construction and development company with a pan-India presence. Its operations span across key segments of real estate construction and development, including residential, commercial, retail and hospitality sectors. At present, its focus is on the construction and development of residential projects in Delhi, NCR (Gurgaon), Mohali, Jaipur, Chennai, Hyderabad and other key Indian cities. Emaar MGF is constructing master planned developments including residential and commercial properties to provide fully integrated self contained communities. Headquartered in New Delhi, the company started operations in India in mid-2005 and is d...
Q & A Session with Mr. Pradeep Jain, Chairman, Parsvnath Group
Parsvnath Group with more than 29 years of experience in real estate industry is present in all verticals and has completed 48 projects. PDL is currently working on 49 projects with a total area of 76.00 mn. sq ft. (7.06 mn. sq. mt.) The company’s business portfolio includes Residential, Commercial (office and retail), DMRC Projects, Hotels, SEZs, IT Parks. Brief us about your current and future projects? There are 50 projects with a total area of 75.7M sq ft. which are under development at various construction phases, out of which, 36.9M sq.ft. has been sold as of Sept. 30, 2013. A. Residential Project, Rani Jhansi Road, Near Connaught Place – Delhi First of its kind project in Delhi and the city’s most premium Residential Project Total developable area available would be around 4M...
Small session with Mr. Vineet Relia, COO, SARE Homes
9th June, 2014, New Delhi: It was a pleasure session with Mr. Vineet Relia, COO, SARE Homes. We tried to understand about the current and future planing of the company and what they think about India real estate market as whole. The discussion took place in a suitable format to understand SARE homes as a brand and their core initiative in Indian Realty Market. Having started your journey in 2007 in India, how has your journey been? As a real estate developer, we began our journey with the intent to cater to the aspiring middle income class. In the 7 years since our establishment, we have launched 7 integrated projects across the country. We found our journey to be an overwhelming one where the customers have showered us with their adulation and their love. All our projects have been insta...
In conversation with Mr. Aman Agarwal,Director,KV developers
Mr. Aman Agarwal’s view on KVD’s diversification into the realty sector, New Delhi: KV Group has always tried to deliver quality products to its customers. It is because of this customer-centric approach that its one of the companies, K.V. Aromatics Pvt. Ltd. is among the top three mint and menthol extractors globally. Backed by this strong legacy of setting benchmarks, the group is foraying into real estate sector with its sovereign K.V. Developers. The diversification into the realty sector was natural because our family has a long history in zamindaari tradition. In 1920, my great grandfather, Sh. Brijbhushan Saran ji, laid the foundation of the group by owning and managing multitude acres of land in Moradabad / Sambhal region & thereby earning trust and respect of peopl...
How to be Rich and Wealthy – 5 (Real Estate Business) in Hindi
How to be Rich and Wealthy – 5, is a success training video explaining real estate business. This motivational video for success in Hindi is one step ahead of my previous videos. Click here if want to purchase this book www.tsmadaan.in/online-store.asp In this video Sardar Rajwant Singh Mohali has been interviewed by me. He is the author of the book “Prosperity from Property Business”. This book contain the useful and detailed information about buying, selling, and developing real estate. In this interview, he explained why he left his job of telephone department and central bank of india to join real investment business. To reap maximum benefits from this business, you need to get training and understand the basics of business. Becoming rich by investing in real estate i...
Niranjan Hiranandani on success, Indian real estate, policy paralysis
They call him ‘Builder Extraordinaire’ and you cannot wonder why. His zest, passion and business acumen have given Mumbai one of its beautiful land mark – The Hiranandani Township in Powai. Niranjan Hiranandani, co-founder and chairman of Hirananadani Group, speaks to NDTV on his journey through the ever changing dynamics of the real estate business in India and his growing concerns with policy paralysis in the country.
‘Launch of new homes falls 12% in 8 cities this year’
Launch of new homes dropped by 12 per cent to over 1.72 lakh units so far during this calendar year in the eight major cities due to cautious approach by developers in view of slowdown in demand, according to global property consultant Cushman & Wakefield. National capital region (NCR) saw a decline of 33 per cent in new launches this year at 38,411 units compared with 57,098 flats in the year-ago period. “There has been a drop of 12 per cent in new residential project launches in 2013 as over last year. Total estimated unit launches were recorded at 1,72,500 units across major eight cities of India,” C&W said in a statement. In 2012, these eight cities — Bengaluru, NCR, Chennai, Mumbai, Kolkata, Ahmedabad, Hyderabad and Pune — witnessed 196,846 units of n...
Qatar fund in talks to invest USD 200 mn in Indian property
Qatar Investment Authority (QIA), the sovereign wealth fund of the gas-rich Gulf emirate, is in talks to invest $200 million in residential property in India, a source with direct knowledge of the matter told Reuters. QIA is holding “conversations” with Kotak Realty Fund, run by Kotak Mahindra Bank, which would manage the investments on behalf of the fund, said the source, who asked not to be named because the deal has not been finalised. Kotak would also make a small investment and plans to focus on residential property developments in major cities across Asia’s third-largest economy for QIA, the source said. Kotak declined to comment. QIA did not respond to emails or telephone calls. Vikram Gandhi, founder of Delhi-based VSG Capital Advisers, which has been retained by ...
Prices May Not Come Down
The Indian real estate sector continues to be a favoured destination for global investors. The urban population will surge in the coming years, which, coupled with growth in employment, education and health care, will push the demand for residential and commercial space. Urbanisation has been rapid in the past few years, with ‘upwardly-mobile’ buyers keen to invest and reap dividends from the real estate market growth. Increasing migration to the cities will drive this demand. Also anticipate a rise in sales of housing property following the recent stock market rally and a slew of optimistic RBI rules to allow foreign banks into the country’s protected banking ecosystem. Steady housing demand will be a big constant for the Indian economy this year, and the industry will f...
RBI rate hike to hit property market: Credai
The Reserve Bank of India (RBI) hiking the key policy rate will hit property sales, particularly in the residential segment, real estate developers said while expressing disappointment at the move. RBI raised the key policy rate by 0.25 per cent to 8 per cent in a bid to curb inflation, a move that may translate into higher EMIs and push up the cost of borrowing for the corporate. Realty firms and consultants hoped, however, that this would be the last round of monetary tightening by the central bank. “We are very very disappointed. This will bring more suffering to developers community,” Confederation of Real Estate Developers Association of India (Credai) Chairman Lalit Kumar Jain told PTI. “It seems that market will see its bottom in terms of sales and liquidity, and t...
London house prices jump by £50,000 in a month
London’s booming housing market is rising at an unsustainable rate, the UK’s largest property website warned on Monday, with the average asking price of a home in the capital surging by more than £50,000 last month. Such is the acceleration in the capital’s property market, according to Rightmove, that many buyers will need help from deep-pocketed parents despite the expansion of George Osborne’s Help to Buy scheme. Rightmove said the average asking price in London rose to £544,232 in October from £493,748 the previous month – an increase of more than 10%. Across England and Wales, the rise over the month was a more modest 2.8% to £252,418. Describing the London increases as unsustainable, Rightmove said Help to Buy would mainly benefit buyers in the rest of England...
