RE/MAX Mumbai Gujarat Maharashtra Newsletter April 2014

mgm newsletter mgm newsletterApril 2014 April 2014

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RE/MAX MuMbAi –GujARAt – MAhARAshtRAA


RE/MAX MGMSafal Profitaire, Block A, G5,Corporate Road, Opp.Prahladnagar Garden Road,Ahmedabad – 380 015Phone : +91 99090 66999Email: [email protected]

COntEnt

Management Speak

new Broker Associates

Online training

BO & BA SPEAKS

RE/MAX REALtY

REnDEVOUZ 5

MAnAGEMEnt SPEAK!

Dear Affiliates,

Congratulations to all the affiliates of RE/MAX MGM. We did it again at RE/MAX convention by getting maximum awards and by having maximum presence with highest number of participants from RE/MAX MGM region at convention. Congratulations to all the affiliates to make the 5th RRR in Ahmedabad a great success. I thank you all on behalf of entire RE/MAX MGM team for the same. I congratulate all the affiliates for their outstanding performance and for getting awards in RRR5 In April we have grown in numbers with new BAs joining the RE/MAX family. I wish them all the best for the association with RE/MAX. this newsletter contains lot of exciting news and events we did in the month of April. List is long but to name a few 5thh RRR update, technology updates with some statistical data.As the biggest elections in the world are taking place in India and along with us whole world is eagerly waiting to see who forms new and stable government at the center which will decide fate of lot of industries along with Real Estate and its ancillary business. Let’s hope for the bet, let’s hope for the growth of India. there is a positive report in this newsletter regarding Ahmedabad and Gujarat’s real Estate market and hence it’s a time for all of us to work hard and take advantage of the positive news. I hope you will find this newsletter informative and helpful. I am looking forward to exciting time ahead in RE/MAX MGM.Aashil PatelRegional DirectorRE/MAX Mumbai Gujarat Maharashtra

RE/MAX MGM Congratulates all the RE/MAX Affiliates and Broker Offices who won the awards,for their tremendous work, at 5th RRR in Ahmedabad and wished them a great luck for this year.

mgm newsletterRE/MAX Mumbai Gujarat Maharashtra APRIL2014



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RE/MAX Mumbai Gujarat Maharashtra registered 7new agents in the month of April 2014. RE/MAX MGM congratulates all these Broker Associates for joining RE/MAX and wishes them all the best.

Announcement of First BAMt training RE/MAX MGM is happy to announce its first BAMt training programme for Broker Associated from 20th May 2014 to 25th May 2014 and thereafter once a week for 4 consecutive weeks. A detailed program will be sent to you all soon!

OnLInE tRAInInG In APRIL 2014

OnLInE tRAInInG CALEnDAR MAY 2014

GtPL interview of Manan Choksi on Real Estate queries.

Real Estate Helpline for Property Viewers

http://www.youtube.com/watch?v=rxQGuwnRI1M&feature=youtu.be

RE/MAX Advantage Bhaumik Dave

RE/MAX Advantage Bharti Chandarana

RE/MAX Realty Solutions Sahil Patel

RE/MAX Realty Solutions Ashesh Agrawal

RE/MAX Dreamz Munish Gupta

RE/MAX Dreamz Sandeep Pandya

RE/MAX Dreamz KiranValecha

Date Day topic

7th May 14 Wednesday Lead generation

14th May 14 Wednesday Commercial real estate

21st May 14 Wednesday Effective listing

Date Session name

2-Apr-14 top Job Description for a top Commercial Real Estate Agent

4/23/2014 Customer engagement for Real Estate broker



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Guruji Shree G. narayana

A path making Authortrainer & Spiritual teacher.

Sapna Vyas PatelFitness Expert

Chip Brekkan

Director - Global DevelopmentRE/MAX International.

Jeff ScislowAuthor. Investor, Coach

RE/MAX Hall of FameRE/MAX Life time Achievement

RE/MAX Circle of Legends2 time top RE/MAX Agent in USA

8 time top RE/MAX Agent in Minnesota.

5th R RR in Ahmedabad.

BA InDUCtIOn tRAInInG FOR nEW BROKER ASSOCIAtES…RE/MAX MGM conducts BA Induction training every month for new Broker Associates who joins the RE/MAX Family.

this month also 8 affiliates were given Induction training at RE/MAX MGM HQ at Ahmedabad.

As you all know RE/MAX MGM was organizer of 5th RRR and it decided to hold the conference in Ahmedabad. RE/MAX MGM thanks RE/MAX India team, RE/MAX international guests and all the affiliates of RE/MAX from entire India for

attending it and making it a big success. We specially thank all the associates of RE/MAX MGM for attending in highest numbers.

the event took off on a patriotic mode with Indian national Anthem and lamp lighting by Chip Brekkan, Sam Chopra, Ms. Saloni Chopra, Jeff Scislow, Manan Choksi, Ms. Bhumi Choksi, Aashil Patel and Ms. Saloni Patel.

the Venue Hotel Marriot was quite good and all the affiliates liked it along with the flow of conference throughout with discussions,

lectures, health and motivational speeches.

All the affiliates were taken to VISHALA , a Gujarati Village Restaurant famous across world for its unique style of seating and eating arrangements.

We also thank the special guests and speakers who came and graced the occasion and enlightened all of us with their speeches and presentations.

Here they are….



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RE/MAX Continues Worldwide Growth

Ahmedabad real estate … Slow and Steady.. Marching ahead.

RE/MAX MGM Participating in FRO in Mumbai on May 17th and 18th

two leading real estate entrepreneurs are the new owners of the RE/MAX master franchise in South Korea, as the country becomes the newest addition to the RE/MAX global network.HeuiSeong Shin and his long-time business partner, Yun Seok Choi, have extensive real estate experience in South Korea and an aggressive plan for growth. the new venture increases the significant RE/MAX presence in Asia, further solidifying the largest global reach of all U.S. real estate franchises.“We’re especially pleased to have the opportunity to partner with two owners who have the experience and dedication to excellence that RE/MAX embodies,” said Dave Liniger, RE/MAX Chairman and Co-Founder. “We know they will bring the RE/MAX attention to customer service to the homebuyers and homeowners in South Korea.”Shin and Choi have a five-year plan to sell 50 office franchises and recruit 400 agents. the overall goal is to establish a 200-office and 3,000-agent network in South Korea, home to over 48 million people. More http://www.remax.com/c/about/news_article/re-max-continues-worldwide-growth

Ahmedabad’s real estate market is on an upswing because of to the huge growth of its industrial sector and the overall high rate of development, both in commercial and residential terms. It is the largest city of Gujarat, and also its commercial capital. It is the hub of the textile, pharmaceutical and chemical industries. Apart from being a well-established education centre (with national institutes like IIM, nID and CEPt) Ahmedabad has also established itself as a major It/IteS and retail destination. the combination of the favourable factors naturally makes it a highly desirable residential destination.Ahmedabad’s real estate market has grown tremendously over the past decade thanks to ultra-progressive policies and intelligent development governance. the city is providing extraordinary and unprecedented returns on the real estate front, and is one of the most exciting investment destinations in India today. Developers and investors from all over the country are beating a straight path to

Ahmedabad.Office space investments have shown amazing growth, with capital values for commercial properties rising by as much as 20-30 per cent in areas such as Prahladnagar, Sarkhej-Gandhinagar. Highway, Ashram Road and some parts of East Ahmedabad. Residential property appreciation in the city has been to the tune of 50 per cent over the last three years. the areas currently commanding the highest demand for residential space are South Bopal, Bodakdev, Vastrapur, nicol, nava naroda and new Ranip.Flats, apartments, serviced apartments, bungalows, penthouses and township properties are cropping up all over to meet the demand. In the past, residential development in was predominantly in the individual bungalow segment, and even today new bungalow schemes can be found on the outskirts of Ahmedabad city, especially along the Sardar Patel Ring Road. However, the scarcity of land and

team RE/MAX MGM will participate in FRO in nehru Centre, Worli, Mumbai and will start the new financial year with this activity to spread RE/MAX to more people. From Regional office Mr. Manan Choksi with Sales team will participate in the show.



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Latest Realty news of Gujarat

Glimpses of Past Events

Ahmedabad: naroda’s journey to hot property destinationthe growth of Gujarat’s as well as Ahmedabad’s property market is very impressive and the segment is likely to prosper even in the near future. Many new areas are being developed in the city and the earlier ones are given new shape. Particularly, if you want to see how a neglected industrial area can be transformed into a property paradise, then visit naroda, a suburban town in Bapunagar, north east of Ahmedabad. It initially flourished with the establishment of the naroda Industrial

Clearances for projects worth 500cr put on hold in

Ahmedabadnearly Rs 500 crore worth of residential and commercial projects along the special transit-oriented development (tOD) zone, central business district (CBD) on Ashram Road and the special affodable housing zone (RAH) zone, have been put on hold. the state urban development department has made it mandatory for these zones to have a local area plan before development takes place.

Proposed regulation, pending reforms, to bring growthWith the upcoming general elections in May this year, the country’s political fate would be decided. As the political scenario in the country will get a direction, the newly elected government can also decide on some of the pending bills that will bring some policy framework to the country. there are a number of key draft legislations pending

before the parliament. Industry estimates suggest that more than 120 bills are pending to be passed by the parliament.

Gandhinagar: Residential realty on the riseGandhinagar is located on the west bank of Sabarmati river. Previously seen as an administrative city, Gandhinagar has already developed as a trade capital of the state and now the residential realty is also growing at a fast pace in the region.

Around 52,000 hotel rooms to be added in top cities by 2017A Cushman & Wakefield (C&W) report states that the hospitality sector will see a rise of over 65 per cent in total hotel inventory by 2017. Approximately, 52,000 new hotel rooms are expected to come into existence in the next five years (2013-2017). Despite a slow response, the hospitality sector of India, is expecting to witness better demand, in the coming years, on account of improved global economic conditions. Many hotel projects, that were delayed in the last two years, are also

Investment in realty sector dips 65 per centin 2013 at USD 1.2 billionInvestment in Indian real estate declined by 65 per cent to USD 1.2 billion during 2013, but the country was able to retain 10th rank in Asia Pacific, global property consultant Cushman & Wakefield said. Investment in real estate sector in India stood at USD 3.4 billion during 2012.

expensive real estate prices in the city have brought in the trend of apartment houses in form of high-rise towers in the city.the prime residential areas in the city are Shahibaug (in the northern part of the city), Satellite, Bodakdev, Vastrapur, Prahladnagar, thaltej (in the western parts of the city), Maninagar and areas around Kankaria and Chandola Lake in the southern eastern parts of the city.the growth corridors for real estate development are the Sarkhej-Gandhinagar Road, Sardar Patel Ring Road, Maninagar and on the north side of the Inner 132 ft Ring Road in areas like nirnaynagar and Ranip. S-G Road and Sardar Patel Ring Road in particular have witnessed a lot of residential bungalow and farm house developments in the recent years.there will be a consistent 10-15 per cent growth in property rates across all sectors in Ahmedabad. the exact rate in certain locations

will depend on the incidence of market drivers there.Apart from Ahmedabad, Surat and Vadodara also rank high in the state’s real estate sweepstakes. As Gujarat’s second largest city, Surat is all set to become an international diamond trading hub. It is located on the Golden Quadrilateral highway and is well connected to Mumbai and Delhi.Vadodara is Gujarat’s third-largest city and another preferred emerging investment destination. the prime residential areas are Alkapuri, Race Course Road, Old Padra Road, Jetalpur, Akota and Fatehganj.Vadodara is Gujarat’s third-largest city and another preferred emerging investment destination. the prime residential areas are Alkapuri, Race Course Road, Old Padra Road, Jetalpur, Akota and Fatehganj.Source :http://indianexpress.com/article/business/business-others/ahmedabad-real-estate-steady-march-towards-growth/



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Expressway to facilitate real estate growthto say that expressways are lifeline of urban centres would be like stating the obvious. the expressways across the country have been a connecting point of the main city with the periphery locations, thus, ensuring that satellite cities are sustainable for the working class who otherwise cannot afford to buy a house in the main city. In the process, expressways also act as catalyst in providing a boost to the economy of the region.

new Maninagar: On a realty growth path in AhmedabadAhmedabad’s Real Estate market is on an upswing because of the huge growth of its industrial sector and the overall high rate of development, both in commercial and residential terms. Particularly, due to the industrial growth in the city, many new residential areas are being developed near the industrial areas and new Maningar is one among them.

RE/MAX Agents Lead CompetitorsRE/MAX agents continue to outperform all competitors, ranking as the most productive among the elite national real estate franchises. According to preliminary results from the 2014 RISMedia Power Broker Report top 500, the productivity of RE/MAX agents was more than double the average of agents at competing brokerages. RE/MAX agents on average not only closed more transaction sides, but also claimed a sales volume 69% higher than the average of all competing agents in the Report.“there are some real estate companies with more offices and agents in the Power Broker Report,” said RE/MAX CEO Margaret Kelly. “But the real test for any homebuyer or seller is whether their agent gets the job done. And, year after year, the numbers show that RE/MAX agents are the most productive among the national brands.”According to the Report, in 2013, RE/MAX agents averaged $4.3 million in sales volume - a 26% increase over 2012, while competing agents averaged just $2.5 million. RE/MAX agents also averaged 17.5 transaction sides each - an increase of 4.3% over their 2012 performance. the average for all other agents in the report was just 8.4 sides.http://www.remax.com/c/about/news_article/re-max-agents-lead-competitors

RE/MAX Associates Raise More than $130 MillionSixty-two children enter a Children’s Miracle network hospital for treatment every minute; that’s one per second. In support of

its mission to help sick and injured children, RE/MAX Associates have donated more than $130 million to longtime charity partner Children’s Miracle network Hospitals® (CMn Hospitals) since 1992.In the past year alone, RE/MAX offices and agents contributed nearly $8.2 million to help fund life-saving treatments, advanced medical equipment and valuable research and education.“It’s truly inspiring to see what our Associates can accomplish together in an effort to support the 170 CMn hospitals throughout the U.S. and Canada,” said Mike Reagan, RE/MAX Senior Vice President, Business Alliances. “they believe in going the extra mile for their local communities, and this accomplishment - $8.2 million donated in one year - is an impressive validation of their compassion and dedication.”http://www.remax.com/c/about/news_article/re-max-associates-raise-more-than-130-millionRE/MAX MGM Congratulates MANPREET GREWAL for her Appointment as the Regional Director for RE/MAX India operations.It’s a pleasure to see her getting recognized for the hard work and commitment she has been giving to RE/MAX India and this makes her the most deserving for this position.

RE/MAX AROUnD tHE WORLD…. IntERnAtIOnAL nEWS

PHOtO GALLERY

WHAt IS RE/MAX COnVEntIOn DAY 1REGIStRAtIOn WHAt IS RE/MAX

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RE/MAX MGMSafal Profitaire, Block A, G5,Corporate Road, Opp.Prahladnagar Garden Road,Ahmedabad – 380 015Phone : +91 99090 66999Email: [email protected] In tHE WORLD SELLS MORE REAL EStAtE tHAn RE/MAX

RE/MAX Mumbai Gujarat Maharashtra Newsletter April 2014

Real Estate

Transcript of RE/MAX Mumbai Gujarat Maharashtra Newsletter April 2014