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A-Class Marble will soon unveil its showroom in Moti Nagar: Ramesh Bhandari

A-Class Marble, one of India’s biggest importers of illusive marbles, now offers more than 450 varieties of marble, stone, granite and other architectural surfaces imported under the sole agreement with many quarries and brands from Italy, Spain, Greece, Portugal, France, Iran, Turkey, Vietnam, China, and other geographies across the world. For a company that started in the year 2005, it is not an ordinary feat to achieve. A there is one man who is leaving no stone unturned to make this happen. Ramesh Bhandari, Director, A-Class Marble is now a recognized face in the market. It is perhaps his knack for devising excellent business strategies and implementation that allows him to foresee the upcoming trends. Or is it his eye for innovative ideas and his unique approach towards marketin...

Innovation is an essential ingredient of a successful business: Ajit Gupta

We must have heard it many times that in business, patience is a virtue that defines its success. But, listening to it from the horse’s mouth made a lot of sense and actually simplified the whole thing. While interacting with Mr. Ajit Gupta, Founder, and CEO, Ajit Industries, we got to know how continuous patience and an eye on the opportunity to innovate can actually make a lot of difference. Commonly referred to as the ‘Tape Man of India’, Mr. Gupta talks about the business challenges and current market scenario and explains why the new-age entrepreneurs must practice patience to make their business successful. Here are the excerpts.      RM: You are known as ‘THE TAPE MAN’ of India. Can you please share the story behind this? AG: Driven by a passi...

Subir Chowdhury to become JCB India’s new MD & CEO

JCB has today announced the appointment of a new Managing Director and Chief Executive Officer at JCB India. Subir Chowdhury, who is currently JCB India’s Chief Operating Officer, will take up the position by the end of the year, replacing Vipin Sondhi, who is leaving after 13 years’ service as MD & CEO to take up a position outside the industry. Mr. Chowdhury joined JCB India in 2005 as Executive Vice President – Operations and was promoted to the role of Chief Operating Officer in 2017, having successfully spearheaded the expansion of JCB India from a single factory operation in New Delhi in 2006 to a network of five factories today in Pune, Jaipur, and New Delhi. A sixth factory is currently under construction in Gujarat, which is due to open in 2020. JCB Group CEO Graeme Macdonald ...

The solution to today’s urbanization issues lies in our glorious architectural heritage: Mitu Mathur

The ruins of Indus Valley Civilization established one thing for sure, that India’s knowledge about urban planning was way ahead of its peers. However, be it the curse of colonization or the short-sightedness of the governments post-independence that we Indians completely messed up when it came to developing world-class cities. Today, due to the pressure created by the increasing population, we need to develop planned cities, says Ms. Mitu Mathur, Director, Gian P. Mathur – Architects & Planners. While discussing the need for sustainable development with Team RealtyMyths, Ms. Mathur emphasized on the need for long-term planning and execution. Here are the excerpts of the interaction. RM: India, being a developing economy, is facing the problem of acute urbanization. The existing ...

India’s retail sector expected to become $1.3 trillion of size by 2020: Asma Javed

Real Estate is a sentiment-driven sector, where market sentiments play a major role in defining its growth path. But when it comes to retail space, real estate’s one of the subsets, it is the market trends and projects that guide the sentiments. And, it is this difference that Ms. Asma Javed, in her candid conversation with Team RealtyMyths, explains to us. Ms. Javed recently moved to Gulshan Homz as Head-Leasing Retail Commercial, where she will take care of the retail leasing division. It was a pleasure talking to her. Here are the excerpts of the conversation. RM: Gulshan Homes is known for its construction quality and is one of the biggest names in the NCR real estate market. What are your expectations from the company, now that you are a part of this name? AJ: Well,  Gulshan Hom...

Shriram Properties appoints Maninder Chhabra as Chief Strategy Officer

Shriram Properties, one of the leading residential real estate development companies in South India, has announced the appointment of Maninder Chhabra as the Chief Strategy Officer – Sales, Marketing and CRM. Mr. Chhabra is an IIMB alumnus, with ~15 years of experience in the real estate space. He joins Shriram Properties after a decade-long stint with the Lodha Group where he was Senior Vice President, handling CRM, Loyalty Sales & Fincorp verticals in his last assignment. His job responsibilities include redefining the customer experience by way of newer technology & automation, transforming the efficiencies of systems and processes to be in tune with the asset-light scalable business model that Shriram Properties is foraying into. He would also be responsible for setting up serv...

Anno Borkowsky appointed to the LANXESS Board of Management

The Supervisory Board of LANXESS AG has appointed Anno Borkowsky (60) to the Board of Management of the speciality chemicals company, effective June 1, 2019. In his new role, Borkowsky, who holds a doctorate in chemistry, will take responsibility for the Specialty Additives segment. Currently, he is heading the Additives business unit at LANXESS. Taking charge of Specialty Additives segment Reorganization of the Additives business units LANXESS Chairman of the Supervisory Board Matthias L. Wolfgruber: “With Anno Borkowsky, a highly experienced LANXESS manager will join the company’s Board of Management. In numerous projects, he has proven his distinct sense for business and products.” LANXESS Chairman of the Board of Management Matthias Zachert: “The additives business has become inc...

The future of Real Estate is less about space and more about services and strategy: CoreNet Global

One of the direct benefits of India’s upward move in the Ease of Doing Business ranks was the growth of the commercial real estate in India. Indeed, the government’s reformatory and incumbent measures helped boost the overall transparency in the real estate market. More and more MNCs are eyeing the Indian market now. And this scenario proved further favorable to the Corporate Real Estate (CRE) segment. With more and more commercial floors being leased out, the need for CRE is also gaining momentum. Team RealtyMyths got an opportunity to understand this phenomenon from  Mr. Sathish Rajendren, Co-Chairs- CoreNet Global India Chapter & COO Knight Frank (India) Pvt Ltd. CoreNet Global is a non-profit association that represents more than 11,000 executives in 50 countries with s...

Cyril Amarchand Mangaldas strengthens its Real Estate Practice – RealtyMyths

Cyril Amarchand Mangaldas has strengthened its Real Estate Practice with Abhishek Sharma joining the Firm as Partner and Co-Head of the Real Estate Practice. Abhishek will be based out of Mumbai. He will Co-Head the Real Estate Practice with Namrata Kolar, Partner, Cyril Amarchand Mangaldas, who is based out of Bangalore. Sandeep Dave will be a Senior Mentor and Partner in the Real Estate Practice. Discussing the Firm’s plan for its Real Estate practice, Mr Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas said, “The real estate sector in India presents a major growth opportunity for the firm. Appointment of Abhishek and Namrata, as Co-heads for our Real Estate Practice, is a reflection of our focus for the creation of a national and integrated practice across the six offices of th...

8-10% of GST with Input Tax Credit is good for the Real Estate market

Along with other industries in the economy, real estate is one such sector that monitors the general elections very cautiously. As an impact, the developers avoid doing any new launch and the buyers go into the wait and watch mode. As India is going through the general elections, the real estate sector has come to a virtual standstill. We tried to find out the reasons from Mr. Gautam Thapar, CEO, Thapar Builder Pvt. Ltd., during our conversation. We talked about various policies by the Modi Government and their impact. We also discussed the possible way forward for the industry. Here are the excerpts of the interview. RM: It is a general trend that sales during elections go down. Why does this happen? Should buyers wait for the new government and policies or go ahead with their decision to...

Vineet Nanda joins CHD Developers- RealtyMyths

Vineet Nanda joined CHD Developers as Director, Strategy, Sales, Marketing and Customer Experience today. He is a game changer and a turnaround specialist with over three decades of proven track record in manufacturing and real estate sectors. In his pan India real estate experience of 12 years, he has catapulted multiple developers into market-leading positions. His in-depth understanding of market dynamics, customer-centric approach, sharp business acumen and the unique ability to translate vision and strategy into robust execution makes him a very dynamic and results-oriented leader. Prior to joining CHD, Vineet held top management positions at reputed large organisations such as USHA International, Omaxe, M3M India and Central Park. He has led over thirty residential and twelve commerc...

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