Quotes

“ Seeing the demand from the consumers, we are expanding very aggressively in India as our company is the first professionally managed realty brokerage firm. We are now investing an additional $10 million to foray into new areas. ”

“ We are present in the NCR, Mumbai, Bangalore and Kolkata. Besides further strengthening in these locations, we will start our operations in Pune, Ahmedabad, Chennai and Hyderabad soon. ”

“ This fiscal, we are expecting to generate Rs 25 crore from fees from dealing properties worth Rs 1,000 crore. For next fiscal, our target is to transact Rs 3,500 crore worth of properties and earn a net transaction fee of Rs 100 crore. ”

“ We needed a place for conducting meetings with our clients and handling back-end administrative work as our workshop was outside the city. However, we couldn't decide on a suitable place as the commercial rentals were too high. ”

“ Since certain zones are demarcated in the town as residential commercial areas, one will need permission from the town planning authority before starting a commercial activity. ”

“ This overstates the realisable value of the property, as stamp duty, registration and other documentation charges are not realisable. Consequently, the margin stipulated gets diluted. ”

“ RBI wants to curb speculation from real estate and want only genuine buyers in the property market. ”

“ If home buyers have to pay more, there will be an impact on home sales. ”

“ Too much of regulations always create negative sentiment among banks and borrowers. ”

“ I have received a couple of enquiries from investors in Muscat and Jordan who are keen to invest here. ”

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