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Gujarat newsletter

APR MAY - JUN 2015


Gujarat

APR MAY - JUN 2015

Gujarat

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Content

MANAGEMENT SPEAK!

Management Speak

Dear affiliates,

New Franchise Offices

Months of April, May and June saw many seminars ,


networking events , open houses and many other events.
To begin with we had our annual convention RRR at Jaipur
where we as region reeceived many awards and may of our
affiliates received awards for their out standing performance.
I would like to congratulate all of them.

New Broker Associates


Seminar on Opportunities for Entrepreneurs in Real Estate Sector
RE/MAX GUJARAT BROKER OWNER MEET
@ YMCA INTL. CENTRE

In the list of events which we did in our last quarter, one event which stands out is
Entrepreneurship in Real Estate. This event was very successful with participation by lot
of interested people in real estate and it was equally informative with prominent speaker
like Mr. Jaxay Shah of Savvy Infrastructure and Mr. Anupam Tondon of HN SAFAL group.

Sales and Marketing workshop by


Mr. Rajneesh Lakhanpal, Wing Commander (Retd), Indian Air Force.
RE/MAX AFFILIATES PLAYED CRICKET
MATCH AT SAVVY SWARAJ GROUP

One of the big day in last quarter was World Environment Day and on that day RE/MAX
Launched one of its kind initiative to promote tree plantation by launching contest of tree
plantation under name of TREEPL . This contest is focused on plantation of more and
more trees in our city and those who plants the highest tree will get the prizes at the end
of the year. Prizes will definitely encourage people to plant more trees and make our city
more greener.

RE/MAX GUJARAT launches TREE PLANTATION LEAUGE (TreePL)


PRESS COVERAGE for Various events
Award winners at
RE/MAX RRR 6 at JAIPUR

As we all know game of cricket is the best for team building and networking. We exactly
did the same by organising one of the first sport event of RE/MAX at Savvy swaraj cricket
play ground and it was a successful event with participation from all broker offices and
associates. I am sure we will be organising such event in future for the benefits of region.

Award Winners for


the Quarter of Apr- June 2015
News from Our Franchise Offices

We have been telling all our Broker Owners and Associates to share their success stories
in transaction so that we can share the same with other affiliates. To our surprise we have
come across lot of encouraging stories in last quarter starting from testimonials form client
to client offering free trip of abroad to our associates over and above the commission paid
for the service they provided.
Open house has been in the focus in last quarter with lot of success to the associates for
sales and lot of brand promotion which helped not only to the associates who kept the
open house but to RE/MAX as over all as this way to selling houses are not attempted by
any other company of brokers and RE/MAX being the first one and only one doing this got
lot of attention which help all of us do more business.
Aashil Patel
Regional Director
RE/MAX Gujarat

Gujarat newsletter

Realty Bytes

RE/MAX GUJARAT
Safal Profitaire, Block A, G5,
Corporate Road, Opp.
Prahladnagar Garden Road,
Ahmedabad 380 015
Phone : +91 99090 66999
Email: gujarat@remax.in

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RE/MAX Gujarat welcomes 2 new broker owners. Mr. Bhavesh Vora of RE/MAX RED REALTOR, Baroda and
Mr. Kiran Mehta of RE/MAX Real Estate Services, Gandhidham, Kutchh. RE/MAX Gujarat wishes good luck.

Congratulations to both the Franchise Owners for great success.


RE/MAX Gujarat registered 8 new affiliates in first quarter of 2015. RE/MAX Gujarat
congratulates all these Broker Associates for joining RE/MAX and wishes them all the best.

Kartik Sharma
RE/MAX Corporate Services

Kalpana Gajjar
RE/MAX Corporate Services

Mitesh Thakkar
RE/MAX Advantage

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Bharat Chauhan
RE/MAX Advantage

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Dhaval Shah
RE/MAX Advantage

Jaimin Shah

Yagnik Patel

Re/Max Advantage

RE/MAX Dreamz

Nilay Vaghela
RE/MAX Advantage

Seminar on Opportunities for Entrepreneurs in Real Estate Sector


An Event organized to showcase the various options available for entrepreneurs in the entire real estate sector. The aim of
the event was to find out how to take the most out of the 2nd Largest Employer of Indian Economy, when the market has
bottomed out.
The purpose of this event was to provide a platform for participants to explore trends in emerging in real estate sector, engage
with successful entrepreneurs and experts, interact with developers, and network.This event brought together Real estate
entrepreneurs, Builders, Brokers and investors and they shared their experience and vision on Entrepreneurial ventures.

Guest Speakers were Dr. Chandan Chatterjee, Director, Centre for Entrepreneurship Development Keynote Speaker,
Mr. Manan Choksi, Managing Director, RE/MAX Gujarat, Mr. Jaxay Shah, Managing Director, Savvy Infrastructure, Mr. Pramit
Parikh, Member, Young Indians- CII, Mr. PravinBavadiya , Director, City Estate Management, Mr. AnupamTandon, Chief Operating
Officer, HN Safal Group, Mr. Apurva Shah, Charter Member, TiE.

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Mr. Anupam Tandon,


Operations Head,
H N Safal

Mr. Apurva Shah and Mr. Ullas Shah in Panel Discussion

Mr. Anand Choksi and Mr. Vivek Parikh in Panel Discussion

Mr. Marmik Joshi,


President Yuva
Unstoppable

Mr.Mahendra Bharvada,
Officer on Special Duty
at CED

Mr. Jaxay Shah,


MD Savvy Group

Manan Choksi, Regional Director,


RE/MAX Gujarat

The event was attended by many aspirant Entrepreneurs, Brokers, Sales persons of other industry, Students,
Businessmen, Investors and many others.

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RE/MAX GUJARAT BROKER OWNER MEET @ YMCA INTL. CENTRE


RE/MAX GUJARAT organized monthly Broker Owner meets of all its Franchise Owners on first Monday of every month. In last
quarter 3 such meets where held at YMCA and various issues and strategies were discussed by franchise owners and regional
owners, regional staff for improving market share of RE/MAX, recruiting outstanding agents, using training, social media and
other tools to enhance productivity of agents and visibility of RE/MAX across the region. Below are few photographs of last
three Broker Owner meets.

Sales and Marketing workshop by Mr. Rajneesh Lakhanpal, Wing Commander (Retd),
Indian Air Force.
RE/MAX Gujarat organized a Sales and Marketing workshop for the associates of RE/MAX office and in first batch 10 associates
from different offices enrolled for the same. The workshop was divided in three parts.
The workshop includes one full day training and two follow-up session each of three hours at every fortnight

Topics covered by the faculty were as under:


Critical selling techniques
Improved selling communications
Circle of communication excellence
Types of clients & suitable approach for each of them
Presentation skills.
So far the workshop has got good response and RE/MAX Gujarat
will organize more and more such workshops to enhance the
selling, marking and communication skills of its affiliates which will
result into more clients, more transactions and more market share.

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RE/MAX AFFILIATES PLAYED CRICKET MATCH AT SAVVY SWARAJ GROUP


A Networking event was organized by RE/MAX Gujarat for its affiliates in coordination with SAVVY Swaraaj group. The event
started with cricket matches of 10 overs each between 4 teams of energetic RE/MAX affiliates. Followed by a thrilling finale
of 5 overs.
The event ended with a dinner hosted by Savvy Group. Four teams named ROCKERS, CHALLENGERS, FIGHTERS and
UNSTOPPABLE played the cricket matches with spirit of unity and sportsmanship and in the end RE/MAX REALTY SOLUTIONS
Team won the Finale.

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RE/MAX GUJARAT launches TREE PLANTATION LEAGUE (TreePL)


RE/MAX Gujarat, in its endeavour to be part of green revolution and to save the planet from pollution announced a TREE
PLANTATION LEAGUE (TREEPL) on world environment day. The TREEPL was launched in the presence of Government of
Gujarats Cabinet Minister of Environment and Forest Shree Mangubhai Patel and Mayor of Ahmedabad Smt. Meenakshiben
Patel. Various other corporate leaders like Mr. Jaxay Shah, Mr. Amitabh Pathak of Yuva Unstoppable were also present.

TreePL organises tree planting competitions among all concerned citizens.

The competition has four prizes in four categories Individual level


Plotting scheme level
Residential scheme level
Schools and Colleges
Commercial Premises : offices / Factories

The categories of the prizes are-

Maximum number of trees planted


Maximum number of trees planted per square yard
Maximum height of trees achieved (total)
Aesthetic appeal of the plot
Lucky draw at for Individuals

For more Details Visite Our Website : http://www.treepl.in

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PRESS COVERAGE for Various events

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Impact of GST on the common man

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Any regulation change in taxation usually


either means more taxes or difficult procedure.
Either ways such kind of change in regulation
is usually opposed by people. However the
proposed Goods and Service Tax regulation
is aimed at simplifying the current taxation
structure and reduce the cost of total tax borne
by end user. Convenience to the honest tax
payer and disincentivising the tax evaders are
two major benefits of this method of taxation.

particular National players. These tax savings


eventually get passed on to consumers.
Moreover small businessmen will get input
credit of taxes they pay on varied services.
As of now Service Tax paid was not used as a
credit for payment towards Central Sales Tax.
However in GST you can take benefit of service
tax paid on telephone bills, AC service charge,
computer AMC, Internet expense etc.

To explain in a nutshell, when you purchase


goods from one state you pay sales tax (CST)
and when you sell that goods in another
state you have to pay VAT again. So there is
a double taxation of the same goods and of
the same transaction as you do not get credit
of tax already paid. What GST aims at is in the
above situation you have to pay tax only on the
increase in sales value and you get the credit
of the tax you have paid while purchasing.

Doing Business now will be easier and more


comfortable as various hidden taxations will
not be present. Starting a new business will
be easier and hence the consumers will have
the luxury of multiple choices for whichever
goods or services he wants. This automatically
keeps prices in check and ensure that the
benefits of decreased taxes be passed on to
the end users.

Biggest benefit will be that multiple taxes


like central sales tax, excise duty, service tax
state sales tax, entry tax, entertainment tax,
luxury tax, turnover tax etc., will no longer
be present and all that will be brought under the GST. Apart
from the avoidance of double taxation the biggest benefit
is to reduction of compliance costs. The paper work is
going to be reduced as there will be single authority to file
returns, assessments and appeals. So unproductive work like
maintaining separate records, meeting different consultants
and complying with different departments will be reduced.
This is a tremendous benefit to any size of business and in

The rate of tax may seem high and the for


the first year end consumer may have to pay
higher tax, however after the first year the tax
burden will reduce. Combined with increased
competition, no double taxation and reduced paperwork
end user is definitely going to reap the dividends.
Overall GST is the change India needs today to see a better
tomorrow.
Manan Choksi is director
in Choksi Tax Services.

First Real Estate TV Channel Spin TV took interview of Mr. Manan Choksi

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Award winners at RE/MAX RRR 6 at JAIPUR


Once again RE/MAX Gujarat, Its Franchise Offices and Affiliates won maximum awards at 6th R RR held at Jaipur.
RE/MAX Gujarat Congratulates all the award winners for the recognition they have achieved through hard work and providing
solutions to their clients by giving them correct choice for their property requirements. Here is a list of award winners

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Award Winners for the Quarter of Apr- June 2015

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News from Our Franchise Offices


RE/MAX METRO :

RE/MAX ADVANTAGE

DEAL OF THE MONTH

JUST SOLD

Rachit Parikh:
Our industry certainly needs PROFESSIONALS in
Real Estate!
This is certainly not a big deal with regards to the
transaction value. But this deal needs a special

Two Flats in

mention for a lady client whose requirement comes in as a referral and

Richmond Grand

concern. She was extremely dissatisfied with the unethical behaviour

Nr Torrent Power, B/h Vodafone House, Off Prahaldnagar


Garden, Ahmedabad, Gujarat

Richmond Grand provides a tranquil environmont teeming with an abundance of conveniences such as an amphitheater, a specially designed play
area of children, multi purpose courts for outdoor sporting activities,
gazebos and pleasant sit outs for senior citizens,soothing water bodies
and many others. The clubhouse offers splendid views of the great lawn,
indoor games and state of the art gymnasium,complete with steam bath
for your rejuvenation.

Sachin Trivedi
Business Associate
RE/MAX Metro
M: +91 9825403015
E : strivedi@remax.in

of outside brokers in the market and had faced major instances while
she was looking for a professional who could find a home to stay with
her friends as she was transferred to Ahmedabad just recently. Here
the case is taken over by Mr. Rachit Parikh, Business Associate, RE/
MAX ADVANTAGE who prequalifies her needs and efficiently, shortlists
exactly 4 properties matching to her requirement and she gets set in
four days. Finally, she was happy to see the professionalism and couldnt
appreciate the proficient services given by Mr. Parikh enough. The
market needs Real Estate Professionals like him for sure!

RE/MAX ADVANTAGE
Deven Mehta:
First deal in the first month is surely a BIG Deal!
Mr. Deven Mehta cracks his first deal in his first month of working. It is remarkable how Anand Sir
passes on the lead to him during the ongoing induction training and he nails it in just two days.
He takes the meek mode of messaging for marketing the property to be leased. He gets the deal
locked in no time of finding the right match with amicable terms to both parties. Well done and keep
accelerating! More deals are soon to follow!

RE/MAX REALTY SOLUTIONS


Customer Delight knows no boundaries
One of the biggest strengths of RE/MAX
is the fact that being the Worlds #1 Real
Estate Company gives us an edge when it
comes to being reliable and trustworthy.
This is the reason why that when Indians
residing outside of India think of investing/
buying/selling in India, they prefer to deal
with RE/MAX agents. In one such case, one
of our top performing agents Tejas Shah
serviced an NRI couple, Mr. Patel & Mr.
Joglekar and his attention to details and his
thorough professionalism was the reason
for him receiving a thumping testimonial
by the esteemed clients.

Gujarat newsletter

Dear Tejas,
Here is our testimony and recommendation for any one looking for Real Estate Agent:
Dear Prospective Real Estate Buyers,
It is our pleasure to recommend Tejas Shah, Broker Associates, RE/MAX Reality Solutions as
a real estate agent for any individual or family searching for the ideal home, land and land
plot for their unique situation to buy or sale. We found Tejas Shah to be highly attentive
agent, almost as if we were his only customers, although we know that was not the case.
Tejas returned all phone calls and emails in a timely manner. This was really important to us
as we are residing in USA and dealing with real estate being away from India. Tejas is highly
personable with an engaging personality.
We are pleased to recommend Tejas Shah to anyone looking to buy or sale home, land or
land plot. Tejas is hands down the best in business in our opinion and for real estate need.
Tejas will be our first choice as real estate agent. We highly recommend him for anyone, who
is looking for a very proficient and professional real estate agent.
Hasmukhbhai Patel
Ajit Joglekar
Happy Customers, Atlanta, GA, USA

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11 deals by one Agent and a total of 18 deals in Iscon Platinum lead to a


landmark month!
Living up to their belief in the Iscon Platinum Project, RE/MAX Realty Solutions
was more than proud to announce the massive success that they have had in the
sale of the new Phase launched in Iscon platinum. One of their very own, Tejas
Shah with his focused approach towards selling this project as well as relentless
efforts in making sure that each of his clients were well catered and thoroughly
educated about the project has been able to show some SUPER Sales in this
project. Tejas ended up selling 11 apartments in Phase 2 of Iscon Platinum in a
Single Month and the team as a whole did 18 sales in one month itself.
RE/MAX Realty Solutions turns 4
The journey that started 4 years back by two partners took shape as the #1
Office in the RE/MAX network in India for this year. A big feather in their cap and
a bigger reason to celebrate their 4th Anniversary with all the pomp and show.
Along with fellow Broker Owners and the team, we saw them celebrating and
raising a toast to their 4 successful years of servicing Real Estate clients.

RE/MAX DREAMZ

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Mr. Sandeep Pandya has closed four


deals in Gift City in the previous
month. Two commercial offices and
2 Studio apartments. Keep it up for
the great deals ahead.

REALTY BYTES:
Cabinet approves Housing For All by 2022 scheme
New Delhi: The union cabinet on Wednesday approved
the launch of Housing for All by 2022 programme,
aimed at rehabilitation of slum dwellers and promotion
of affordable housing for the economically weaker
sections (EWS) through credit-linked subsidy. According
to an official statement issued here, a central grant of
Rs.1 lakh per house, on an average, would be available
under the slum rehabilitation programme.
It said a state government would have flexibility in
deploying this slum rehabilitation grant to any slum

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rehabilitation project taken for development using land as a resource for providing houses to slum dwellers. Under
the credit-linked interest subsidy component, interest subsidy of 6.5 percent on housing loans availed up to a tenure of
15 years will be provided to economic weaker sections/lower income group (EWS/LIG) categories, wherein the subsidy
pay-out on net present value (NPV) basis would be about Rs.2.3 lakh per house for both categories, the statement said.
It said the central assistance at the rate of Rs.1.5 lakh per house for the EWS category will be provided under the affordable
housing in partnership and beneficiary-led individual house construction or enhancement. State governments or their
parastatals like housing boards can take up projects of affordable housing to avail the central government grant, it
added. Addressing a press conference after the cabinet meeting, Telecom Minister Ravi Shankar Prasad said housing
for all would a centrally-sponsored scheme.
The scheme will be implemented as a centrally-sponsored scheme except the credit linked subsidy component, which
will be implemented as a central sector scheme, he said. The mission also prescribes certain mandatory reforms for
easing up the urban land market for housing, to make adequate urban land available for affordable housing.
Houses constructed under the mission would be allotted in the name of the female head of the households or in the
joint name of the male head of the household and his wife, he added. The scheme will cover the entire urban area
consisting of 4,041 statutory towns with initial focus on 500 class I cities and it will be implemented in three phases as
follows - Phase-I (April 2015 - March 2017) to cover 100 cities to be selected from states/UTs as per their willingness;
Phase - IIA (April 2017 - March 2019) to cover additional 200 cities and Phase-III (April 2019 - March 2022) to cover all
other remaining cities.
The dimension of the task at present is estimated at two crore houses.The exact number of houses, though, would
depend on the demand survey for which all states/cities would undertake detailed demand assessment for assessing
actual demand by integrating Aadhar number, Jan Dhan Yojana account numbers or any such identification of intended
beneficiaries. A technology sub-mission under the scheme would also be set up to facilitate adoption of modern,
innovative and green technologies and building material for faster and quality construction of houses. The technology
sub-mission would also facilitate preparation and adoption of layout designs and building plans suitable for various
geo-climatic zones.

Gujarat seeing demand for affordable housing projects


Gujarat realty market is experiencing more demand in the
affordable price bracket than the premium segment. Tier-II
cities such as Surat, Vadodara and Rajkot are also seeing growth
in the real estate sector apart from Ahmedabad. Growing
infrastructure, connectivity and other initiatives by state
government as well as private entities has led to rising demand
and supply in these cities.
Residential projects in the affordable brackets of Rs 10-20 lakh
are easy to invest than the ones involving huge investments, as
told by local resident and investor, Mayur Jain. There is a niche
segment in the city looking for affordable housing options such
as apartments and plots and since these are developing cities

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there is more demand for properties with a low budget, according to Ashwin Kumar, city-based realtor.
In Gujarat, there are emerging affordable hubs offering low budget properties to the end-users. Areas such as
Sarkhej, Gandhinagar Highway are some of the upcoming locations fetching attention of both, buyers and investors.
Greenwood Sarovar Village is an upcoming residential project located at Sarkhej Gandhinagar Highway which is a
30-minute drive from Gandhinagar Expressway. Here an individual can get 200-250 sq yard plots starting from price
range of Rs 8.75 lakh.
There is another upcoming affordable housing project by Tata Housing, located nearly 20 kms from Ahmedabad city
centre. The integrated township, known as Shubh Griha, is available from starting price of Rs 8 lakh.
According to Suresh Iyer from Sterling Greenwoods Limited, Affordable projects are witnessing good number of
transactions than the premium projects. Therefore, most of the developers and builders are launching their new
projects in the affordable price range only to meet the demand and are witnessing fair number of transactions.
Capital values of apartments in the affordable category have noted an average appreciation of 10-15% in the past 6
months, as added by Kumar.
Buyers are buying these properties either for self-use or for investment purpose. Rising demand and transactions is
contributing to the value appreciation and this trend is expected to continue, as anticipated by city brokers.

PHOTO GALLERY

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Broker owner meet

Broker owner meet

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New Broker Owner Signing

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TRAINING

Please send us your reviews about this


months newsletter. Feel free to give your
suggestions and we will incorporate the
same in coming newsletter.
Send your suggestions to :
ppandya@remax.in

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: gujarat@remax.in

APR MAY - JUN 2015


Gujarat

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