RE/MAX Gujarat Newsletter October-November 2014

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GUJARAT
OCT- NOV 2014
OCT- NOV 2014
GUJARAT
GUJARAT NEWSLETTER
GUJARAT NEWSLETTER
RE/MAX GUJARAT
Safal Profitaire, Block A, G5,
Corporate Road, Opp.
Prahladnagar Garden Road,
Ahmedabad – 380 015
Phone : +91 99090 66999
Email: mgm@remax.in
CONTENT
MANAGEMENT SPEAK
ONLINE TRAINING IN OCT-NOV 2014
NEW BROKER ASSOCIATES
ONLINE SURVEY FOR RE/MAX AFFILIATES
BA INDUCTION TRAINING AT RE/MAX GUJARAT
MONTHLY BO MEET AT REGIONAL OFFICE
EVENTS AND SEMINARS
REIT PRESENTATION BY
MANAN CHOKSI AT SCCI, SURAT
C S R BY RE/MAX GUJARAT
REALTY BYTES
NEWS FROM RE/MAX BROKER OFFICES
MANAGEMENT SPEAK!
Dear Affiliates,
November is a month which is squeezed
between two New Years- one Gujarati New
year and another Calendar (Christian) New
Year. Usually in this month the wedding
season starts with the onset of winter. Post
Diwali holidays the Gujarati businesses are
just returning to work while the wedding
season comes. For some it increases
socialization / networking, while few are directly benefitted by the money
spent in “Great Indian Weddings”.
Real estate industry off late has changed its behavior. These days flats,
offices and shops are in demand and we see a lot of rental and resale
transaction happening. However Showrooms, Plots and Bungalows are
not in as much demand. This behavior is typical of a mature real estate
market and it seems that investors are looking at real estate inquiries
more rationally and not with a herd mentality.
RE/MAX Gujarat did an affiliate survey this month to find out the
expectations agents have from the biggest real estate broking
company. Very few companies do such kind of research to find how it
can service the agents better.
Internationally the crude prices fell this month which led to a lot of
macro-economic changes like reduction of fiscal deficit, reduction in
inflation and improving of margins for a lot of industries. However the
real estate market has yet to react to it. RBI has not reduced the interest
rates so home loan and financing are still unchanged. Indian economy’s 2
biggest hurdles are crude oil price and high interest rates. One hurdle is
clear, second yet to follow.
Manan Choksi
Regional Director
RE/MAX Gujarat
OCT- NOV 2014
GUJARAT NEWSLETTER
GUJARAT

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GUJARAT
OCT- NOV 2014
OCT- NOV 2014
GUJARAT
GUJARAT NEWSLETTER
GUJARAT NEWSLETTER
RE/MAX Gujarat registered 7 new agents in the month of OCT-NOV 2014. RE/MAX Gujarat
congratulates all these Broker Associates for joining RE/MAX and wishes them all the best.
Contact mgm@remax.in for more details. You can visit slideshare.net and youtube.com
for the presentations and videos of these trainings.
ONLINE TRAINING DONE IN OCT-NOV 2014
ONLINE SURVEY FOR
RE/MAX GUJARAT AFFILIATES:
BA INDUCTION TRAINING AT
RE/MAX GUJARAT
NAME OFFICE
RE/MAX Advantage Harshil Shah
RE/MAX Advantage Dr. Jayendra Barad
RE/MAX Dreamz Somesh Rathod
RE/MAX Corporate Services Bhaskar Dastidar
RE/MAX Corporate Services Naisarg Patel
RE/MAX Property World Dixit Shah
RE/MAX Property World Amar Shah
RE/MAX PropKonnect Amrish Patel
RE/MAX Gujarat did a survey for all its associates to know what
RE/MAX Gujarat as a region can do for their associates or what
are the expectations of the associates from Region so that they
can do better business.
RE/MAX Gujarat sent the survey link to all associates via
email / whats app and sms and tried to get maximum
participation from them. Over 60% associates replied on time
and Regional Owner Mr. Manan Choksi discussed the outcome
of the survey with Broker Owners in a monthly BO meet in the
beginning of the month.
RE/MAX Gujarat conducted One Day Induction Training for newly
joined Broker Associates in November 2014. Newly Joined broker
associated attended the training and participated in the training
actively.
ONLINE Training October/September 2014
8-Oct-14 6 Powerful Lists Every Realtor Needs to Succeed
12-Nov-14 5 Reasons your Sellers are Looking for Another Agent
26-Nov-14 A Guide to Social Video, and Where it Fits in Your Marketing Plan

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GUJARAT
OCT- NOV 2014
OCT- NOV 2014
GUJARAT
GUJARAT NEWSLETTER
GUJARAT NEWSLETTER
MONTHLY MEET WITH BROKER OWNERS AT
RE/MAX GUJARAT HEAD OFFICE.
SEMINARS ON CHANGING TRENDS IN REAL
ESTATE BROKING AT RE/MAX GUJARAT
PRESENTATION ON REIT
BY MANAN CHOKSI AT SURAT
C S R BY RE/MAX GUJARAT
A monthly Broker Owner Meet was organized at RE/MAX Gujarat
did a brainstorming on various subjects including massive online
survey done by Region for its affiliates and discussed how the
outcome of survey can be implemented.Such meetings provide
all franchise owners a common platform to discuss their issues.
RE/MAX Gujarat organized seminars on Changing Trends in Real
Estate Broking in the month of October at RE/MAX Gujarat office,
Ahmedabad.
Over 20 people participated in two sessions on 18th and 19th
October and understood the concepts of RE/MAX and many of
them inquired about association with RE/MAX.
Manan Choksi was invited by Surat Chambers of Commerce and
Industry to speak on REIT. Over 100 Chartered Accountants were
present in the seminar.
Manan Choksi gave a detailed presentation on REIT, Its impact on
Real Estate Industry and benefits due to it.
Once again RE/MAX Gujarat celebrated this Diwali in unique style.
This time we wrote greetings to 1000 people and for each of them
we donated 1 paver at Thaltej Municipal School which is adopted by
Udgam School for children.
A visit to Thaltej Municipal School a year ago would have supported
the dictum that ‘four walls do not a school make’. There was no
water, no hygiene or sanitation and classrooms were in a dreary
state of dilapidation.
In a nutshell the situation was deplorable with unclean classrooms,
washrooms and a casual atmosphere
not befitting a school. But what nudged
us to give it a try was the promise we
saw in the eyes of the children who
trudged their way to school everyday in
the hope to learn something new.
We pulled in our resources and pitched
in wherever possible to give the school
a major facelift.
The work was not easy and slowly but
surely we made differences...
Right from hygiene and sanitation to school building, from providing
basic items to staging activities and outings, we have done it all!
We have miles to go and plenty remains to be done.
Right now the school playground is crying out for reformation.
So this year we decided to donate a paver block in the names of our
friends and associates as our Diwali token to pave the playground
and make it safe and clean for the children to use.
After all what is a school without a playground
full of mirthful children?!
We hope that you will be happy to know that a
paver block in your name is helping to build a
playground that is sure to make the world a little
more happier.
Because when children laugh, the world
becomes a brighter place...

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GUJARAT
OCT- NOV 2014
OCT- NOV 2014
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INDIA NEEDS 25 MILLION HOUSING UNITS, WILL TOUCH 38 MILLION BY 2030
NEWS CORP INVESTS RS. 180 CR IN REALTY PORTAL PROPTIGER
REAL ESTATE PORTAL HOUSING.COM TIES UP WITH TATA VALUE HOMES TO
SELL AFFORDABLE APARTMENTS
REALTY MARKET SEEING NO SLOWDOWN, SAYS HDFC CEO KEKI MISTRY
Overall shortage in economically weaker section (EWS)
and low income groups (LIG) housing in India is estimated
to be at 25 million. Housing shortage in the country is
expected to touch 38 million by 2030.
Considering the situation Prime Minister Narendra Modi
may not find it that easy to fulfill his promise of providing
affordable housing to all by 2022. The total cost for the
project is estimated at 11 lakh crore. To find a solution
to the problem a meeting of urban development experts
took place in the capital on Sunday.
Representatives from India Inc. voiced their concerns on
the subject. Considering 93 million people live in slums
in India, slum redevelopment was one of the next biggest
issues addressed at the meeting.
India Institute of Local Self-Government President Dr
Jatin Modi said that he would be giving a memorandum
to the government.
With India’s urban housing shortage estimated around
18.78 million dwellings, if the government wants to
achieve its goal of housing for all by 2022, changes need
to be ushered in. The industry will be demanded to take
ownership as well as give out faster clearances as it takes
around 12 months to get one clearance, when over 50
clearances are required.
“The shortage is huge, the government needs to involve
local bodies,” said Ex UD Secretary M Ramachandran.
New-York based media and information services firm News
Corp has invested $30 million (Rs 180 crore) in real-estate
marketing portal PropTiger.com, according to a press
statement.
In addition to existing investors, SAIF Partners, Accel
Partners and Horizen Ventures have also invested another
$7million (Rs 42 crore) in the company.
News Corp has a substantial presence in online real estate
through its ownership of Move, Inc., operator of realtor.
com and its majority stake in REA Group Limited, operator
of the leading Australian residential property website,
realestate.com.au.
PropTiger.com was founded in February 2011 Dhruv
Agarwala and Kartik Varma, classmates from Harvard
Business School, along with Prashan Agarwal, an alumnus
of the Indian Institute of Technology and the Indian School
of Business. It has over 250 developer partners who market
their new developments through the online platform
The portal has sold over 10,000 properties worth
over $1 billion so far
Real estate portal Housing.com has entered into an exclusive
strategic partnership to sell apartments of affordable housing
company Tata Value Homes on its website.
“We are targeting young professionals and facilitating a
behavioural change to book flats online,” said Advitiya Sharma,
cofounder of Housing.com. “This is one of our first partnerships
and we will tie-up with other companies too.” Housing.com’s
technology team has developed a slice view 3D interactive
platform to help people book their houses online.
Naspers-backed PayU will be the payment gateway for the
transactions. According to Housing.com, only the down
payment will be made online while the rest of the payment
and legal processes will take place offline. Tata Value Homes
has already formed a similar alliance with Snapdeal and Google
and launched an e-commerce portal to sell homes. However,
for the properties listed on Housing.com, the partnership is
exclusive and marks Tata’s first such tie-up.
It is estimated that the real estate market in the country will
reach $180 billion (over Rs 11 lakh crore) by 2020. In just
residential property, the top-eight Indian cities will see an
additional demand of 2.8 million units in the next five years,
according to property consultant Cushman &Wakefield.
Japan’s SoftBank last week invested $70 million for 30% stake
in Housing.com, valuing the two-year-old startup at about
$250 million. Housing.com’s existing investors include Helion
Ventures, Nexus and Qualcomm.
Housing Development Finance Corporation (HDFC) has seen no
reluctance among home loan borrowers and overall sentiment is upbeat,
Keki Mistry, Vice Chairman and CEO of the country’s largest mortgage
lender, said on Friday.
Speaking at the second edition of Business Today’s MindRush conclave of
corporate leaders, Mistry pointed out that India still stood at a mere 9 per
cent of GDP in mortgage disbursals compared to 60 per cent or more in
most developed economies.

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GUJARAT
OCT- NOV 2014
OCT- NOV 2014
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GUJARAT NEWSLETTER
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RE/MAX ADVANTAGE:
NEWS FROM BROKER OFFICES.
RE/MAX METRO
Blood Donation Camp
This Diwali, we give back to the society by donating blood!
A wonderful Sunday morning at RE/MAX ADVANTAGE along with
Sarvaswa Foundation for a noble cause makes our Diwali a special
one! We thank all the blood donors, friends and relatives who came
in to encourage and support this noble drive!!
Diwali Festivity @ ADVANTAGE
The excitement in air within all the Team members was no less to enjoy
the grand Hindu festival this year and like every year. At ADVANTAGE,
we celebrated the most spiritual festival of lights- Diwali with a great
pomp and show. With a series of celebrations, we performed all the
traditions and rituals together. It was a joyful time to light the diyas,
spread Rangoli, play games, exchange gifts and rejoice the festive
spirit along with fun, food and frolic with the ADVANTAGE Family
before we went on a break of 5 days. The most beautiful sight this
evening was to see a line of cold flower-pots being burst in the office!
The New Year day brings us all together with our families again to light
the lamp, blast the cracker chains, shoot rockets and fire flowerpots.
It was a sparkling day at ADVANTAGE with smiles and good cheer all
around!At the auspicious time on Paancham day after Diwali, Team
ADVANTAGE gets back to business- rejuvenated, recharged and all
geared up! With all deep prayers, we wish for opulence, prosperity and
success in the coming years from now.
Sun glows for a day, Candle for an hour, Matchstick for a minute, but
our wish to you shall glow forever! Wish you a glowing life!
Broker Owner of RE/MAX METRO Mr. Vivek Parikh visited the construction site of the new upcoming residential scheme
World One in Mumbai.
World One is a supertall residential skyscraper under construction in Mumbai, India. It islocated in Upper Worli within
Mumbai on the 17.5 acre defunct Shrinivas Mill site.The projectwill cost INR20 billion (US$320 million) and is expected to
be completed in 2015, thenbecoming the world’s tallest residential tower.

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GUJARAT
OCT- NOV 2014
OCT- NOV 2014
GUJARAT
GUJARAT NEWSLETTER
GUJARAT NEWSLETTER
NOBODY IN THE WORLD SELLS MORE REAL ESTATE THAN RE/MAX
RE/MAX GUJARAT
Safal Profitaire, Block A, G5,
Corporate Road, Opp.
Prahladnagar Garden Road,
Ahmedabad – 380 015
Phone : +91 99090 66999
Email: mgm@remax.in
Please send us your reviews about this
month’s newsletter. Feel free to give your
suggestions and we will incorporate the
same in coming newsletter.
Send your suggestions to :
ppandya@remax.in
PHOTO GALLERY
BA INDUCTION TRAINING AT RE/MAX GUJARAT
Monthly Meet with Broker Owners at RE/MAX Gujarat Head Office
Seminars on changing Trends in Real Estate Broking at RE/MAX Gujarat
C S R by RE/MAX Gujarat