Avinash Keswani

Though there seems to be an endless supply of Commercial Real Estate, there seems to be a general consensus that commercial real estate is going to take a significant hit.

On the retail front, there is an entire generation that is getting used to conducting their lives online and that includes buying products. It’s a generational shift and it’s going to add strain on the retail property market during a downward economic cycle. Right now there are services of sending goods to your house without ever setting foot in a store.

Are people still going to go out and shop? I would say yes because it seems that many people have turned shopping into a hobby/outing.

Mobile technology efficiencies are not going to destroy office space or retail spaces, however, it is important to understand that in an evolving technological economy, as well as a down economy, they start becoming a lot less necessary.

Commercial real estate has always been a sound alternative investment but the last few  months have proven that investing in these types of properties takes a lot of experience. More importantly, an open mind about what’s round the corner, the  cash flow and value.

Betting against technology ………..has never been ….a  sound investment policy.

What you must do :

>>  Visit the site (many times announced and unannounced )

>>  Visit the office (many times announced and unannounced )

>>  Check the paperwork…….See Originals

>>  Make enquiries …….Very Important Commercial real estate is a long-term investment and will reap rich harvest.

Happy investing……………………

Brijesh Sharma Managing Director Dev Associates

Q. You have been working since the least 8 Years as a real estate consultant. what made you to take up the role of a real estate consultant?

Ans.: I am a spiritual person and deeply believe in God. I was soley in to the real estate sector and had a good knowledge of construction from very beginning of my career. Diversifying into the Construction industry from the real estate industry came naturally. When I set up my business the aim has to provide good service to our clients, I wanted to creat trust, transparency which is my greatest assets today and I have satisfied with my word over last 8 Years.

Q. Real Estate market is facing downfall what is the response from the market and from your clients.

Ans.: It is true that the global recession is confusing both the buyer and seller. But we are proud to be associated with builders like. Assotech, Amparali, Parsvnath, Gaurson who have hardly been affected by the markets. The deals are still on. I Belive that this the right time to invest in the market because Indrapuram is the city of the future and it will definitely see a great boom again.

Q. Your clients are spread across India as well as abroad. How do you integrate comfort & convenience to give clients.

Ans.: I lay a lot emphasis on some fundamentals of our business trust, convenience, transparency. We had developed numerous NRI clients who trust us to make decisions for them & accept our recommendations to them. This relationship of trust has been built over many Years and allows us to ensure satisfied clients. In fact my greatest assets are the letter of appreciation received from our clients.

Q. There are a number of consultants & dealers available in market how is dev build con  Pvt. Ltd. Different from the rest of its competitors.

Ans.: While our competitors measure their sicess in terms of profits a sale, our success is measured by the number of clients who came back to us. A builder will just advise the best option to a customer in his project only but a dealer will understand the requirements of the customer & find something tailor made for his needs at a lesser cost.

Infact as a result of our quality service we have made friends with so many of our clients who continue to deal with us out of friendship ratha than clients.

Q. What’s your advice to the potential buyer/ Investors?

Ans.: Buyers should be very cautions before buying these days. They should not get carried  among by rose advertisement of the builders. They can’t get very profitable deals through dealers. Which will be much cheaper than builders. The slump in the market has led to a situation which is ideal for long – term- investors our moto is to provide a direct deal to our clients at minimum price.

Q. How do you rate yourself in the correct scenario?

Ans.: We believe that this scenario will met affect Indrapuram in the long term. However we do met see this as a problem for us as most of our clients continue to work with us. Our Association with stable business house Amparli Group, Gaursons, Assotech has  ensured stability for our customers & also us. Beside we provide services to all kinds of customers  be it office space or residential apartment or rented property, lands, Hotels. So the wide variety of our services also provide us stability.

Ashwani Prakash Executive Director, Paramount Group of Companies

In any developing economy like India, housing assumes great importance and the need to create space for people to work and live, which in turn stimulates the development of other related infrastructure.

In order to cover the persistent gap between demand and supply, the predominant trend has been to set up world class business centres and residential complexes bearing distinctive corporate stamps. So distinct are some of these locations that they are being termed as the “Temple of Modern India” and have changed the urban landscape in our country. There was a time when the real estate market in our country was considered as an unorganized sector.

Things have clearly changed today. Developers have realized the merits of corporatizing themselves. Almost all big developers and leaders are now a professionally managed group. This aspect has brought in the professional players equipped with real estate expertise, facilities and introduced new technologies, which have enhanced transparency in the corporate working. They can now analyze & monitor their projects more closely.

The objective of analysing before hand is to help the financers/banks and also the end-users to take a decision while they invest in real estate.  Today almost every bank and housing finance company have strong tie-ups with the developers and they are keen to lend the projects with higher ratings or proposition.

Real estate is one of the hottest and biggest asset classes in the world. Due to the existing gap between demand and supply in India, it has an edge over other asset classes like debt or equity.

If one has good holding capacity, unlike other asset classes, real estate rarely earns negative return and does not suffer high volatility. Over the years the value of real estate usually increases, this also makes it an effective absorber of inflation. Real estate not only reduces risk but also helps in achieving stable returns. Therefore, it is ideal for long-term investment.

Despite a historic recession worldwide we, in India term it as an economic slow down. The government and economic surveys are still predicting 6-7 percent growth rate.  In this scenario a potential investor can still look forward to dig profits from real estate.

Indian property market can be eyed for a wide variety of supportive reasons:

- Relaxed FDI Rules implemented by Government of India has invited more foreign investors. The revised investor friendly policies have allowed foreigners to freely invest in Indian Real Estate. The foreign funds are now flowing freely in this sector and is the most lucrative ground for them to invest.

- With increasing number of nuclear families,  lowering of interest rats of housing loans and implementation of sixth pay commission not only by Central Govt. but also by some of the state governments have increased the purchasing power of  the people and is likely to create demand in real estate sector.

- In many of the key sectors like Auto components, Telecommunication, Chemicals, Apparels, Pharmaceuticals and Jewellery, India is now matching the best. This positive attribute of India is definitely going to attract more foreign investors into real estate.

- India has its own geographical importance in Pacific region and  with comparatively cheaper manpower, it has attracted almost  all the reputed MNCs. In the near future also this factor will definitely attract more companies to initiate their operational base in India thus creating more demand for corporate and residential space in the country.

- Real estate investment in India still yields good dividends better than any other investment with a rare chance of negative return.

- Emerging hospitality or hotel industry due to exceptional inbound tourism has also given support to the real estate.

- Development of SEZs has also given a new opening for real estate investments.

In India, even after the slow-down of economy there exists a big gap between demand and supply.  Even today the real estate investment involves minimum risk with maximum returns, having strong growth opportunities. Therefore, this is the right time to invest in real estate.

Since the beginning of Civilization, post – ‘CAVE PERIOD’ shelters have been habitated centuries for human called- ‘Homes’.

With the scientific developments there has been a ‘great revolution in “Building Houses” – passing the rough their process of evolvement.

But, WHO they are?

Sustained longer & longer creating their ‘BRANDS’ & Brand-names in building HABITATIONS – a housing units, to a residential colony, to a City : metroes to mega, within respective geographical / political areas of human settlement.

There, who sustained longer with their landmark & making living houses; they are gaining an edge in creating their own ‘BRANDS’.

So today ‘BRAND’ matters, as a major measure of DEMYSTIFYING Residential projects.

In Indian Scenario, if think of a BRANDED builders in Mumbai :

Hiranandani, Raheja, Godrej, Kalptaru & in NCR, Delhi : Essels, DLF, Unitech, Uppals, Suncity, Jaypee Greens &  in Bangalore : Sobha Developers, Prestigious Group, Silverline Really,  Likewise in all metro cities or class II or class III their exists ‘BRAND’ – builders.

PS : Our website would facilitate list of rates of ‘Branded’ co. with the products definite locations.

To quote ANSAL API, recently the launched – in the so called “Slow-down” & melting economy prone in residential sector, The Megapolis. In two days of launch, they sold 350 flats and in a week 1,000.

It is Ansal’s third generation mapping, which gave them the ‘BOOST’.

It is true that BRAND matters : take it is a shirt, watch or a house – brand always sells.

To be more relevant, the ‘slowdown’ is a “correction” in pockets due to “gluts”. Overall, it is the maturity of the real estate market. This is really conquering over the “Utter bewilderness, walking safe to Branded Builders, at the first instance as the ‘GULTS’ may drawn them in deep sea.

Dr. Shailendra Kumar

Who figures in “WHO IS WHO” in Asia, with his global-exposure in the Building Engineering, as an extended working after UN assignments as well in Germany & in other European & American continents,. By education a Civil Engineer from one of the national best institutes to Masters in Arch. Engg. & Management, contains only after obtaining Ph.D. in Environmental Engineering from CA, U.S. Back Home first careered with TATAS, followed a stint in L&T & Unitech, has been associated with others i.e. Omaxe, Eldeco etc.

His project-conceptualization to total realization is his command along with the understanding of BEST experts & super experts in the individual field of specialization all through the world, for making all kind of living in the World.