RE/MAX Mumbai Gujarat Maharashtra welcomed a new broker office, RE/MAX REVOLUTIONS, and its broker owners Mr. Vivek Mistry, Mr. Jay Thakkar, and Mr. Viral. RE/MAX MGM also registered 8 new agents in March 2013. Broker owner meets were held in Mumbai, Pune, and Ahmedabad in March 2013 to discuss strategies and share experiences. The RE/MAX MGM Facebook page surpassed 10,000 likes. Real estate news included the launch of an affordable housing project in Ahmedabad by Godrej Properties and investment volumes in the Indian real estate market in 2012.
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RE/MAX Mumbai Gujarat Maharashtra welcomes new Broker Office and 8 new Agents
1. RE/MAX Mumbai Gujarat Maharashtra
MGM NEWSLETTER
March - 2013
Management Speak: HighLIGHTS
The financial year -2012-13 ended on a posi-
tive note of one new office getting added in RE/
MAX MGM – a very warm welcome to RE/MAX »» Management Speak
Revolutions. We added a few agents and did a lot
of transaction. The RE/MAX story in India solidifies »» New Broker Owners &Associates
itself by slow but steady growth and the spread of
roots. »» Broker Owner Meets
On 1st April 2013, data was released in news- »» Events and Seminars
papers about the number of deals done in
Ahmedabad market. We are proud to announce that »» RE/MAX in News
we have achieved 1% market share in the entire
Ahmedabad market, total size of which is about Rs. »» REALTY NEWS
20,000 crore annually. Our aim is to capture around
30% market share, so we have a long way to go. »» RRR IN GOA
Since last 3 years, every march we have the half yearly BO meeting in 3 cities of Ahmedabad, »» Photo Gallery
Mumbai and Pune. This year also we had the same and it was good to see BO exchanging
ideas, thoughts and best practices which reassure us that we are building a strong network.
Usually the ROs and the RO staff present during the meetings, however as we grow, we are
seeing that BO themselves are taking the centre stage of the discussions. This shows how the
company is evolving.
India on the other hand is also developing as a country and the government has started
discussions on a real estate regulator. It is not a coincidence that wherever RE/MAX goes the
markets get sophisticated. Our mere presence prompts the real estate sector to improve. We
welcome this move and it is a matter of time when our market gets as regulated as in other
countries.
On the training side we are pleased to inform that our online sessions have been regularly
getting attended by our members. It motivates us to continuously provide relevant training
matching to international standards. Taking the cue from the success of RE/MAX MGM’s
online training initiatives; RE/MAX India and RE/MAX International have also started training
programs online.
RE/MAX participated in Awards function and property shows in Mumbai in March. A continu-
ous commitment of building brand of RE/MAX in a manner which benefits all the affiliates
of RE/MAX. The RE/MAX MGM Facebook page (www.facebook.com/remax.mgm) crossed
the 10,000 likes mark and we are now almost 11,000. This shows we are the most “liked”
international brand in the MGM region.
Wish you loads of financial success this financial year! Happy 2013-14!
Manan Choksi
Regional Owner
MUMBAI GUJARAT MAHARASHTRA
RE/MAX MGM
Safal Profitaire, Block A, G5,
Corporate Road, Opp.
Prahladnagar Garden Road,
Ahmedabad – 380 015
Phone : +91 99090 66999
Email: mgm@remax.in
2. RE/MAX Mumbai –Gujarat – Maharashtra
RE/MAX Mumbai Gujarat Maharashtra welcomes new Broker Office
RE/MAX REVOLUTIONS and the broker owners Mr. Vivek Mistry,
Mr. Jay Thakkar & Mr. Viral on board and wishes them all the very best.
RE/MAX Mumbai Gujarat Maharashtra
registered 8new agents in the month of
March2013. RE/MAX MGM congratulates
all these Broker Associates for joining RE/
MAX and wishes them all the best.
RE/MAX GUJARAT Added 8new Sales Associates
RE/MAX Plus Niraj Shah RE/MAX Plus RohitrajKeshwani
RE/MAX Plus Sahil Patel RE/MAX Plus VikramChandnani
RE/MAX Plus YatinGor RE/MAX Metro Ketan Raval
RE/MAX FIRST CHOICE SirazPadhiar RE/MAX Hallmark Realty PrakashMenon
ONLINE TRAINING IN MARCH2013
Date Session Name YouTube Link
27/2/13 Working on Sole Selling Project Working on sole selling project video
6/3/2013 Real Estate Marketing Basics for an Agent Real Estate Marketing basics for an Agent video
13/3/13 15 Mistakes of BA To be uploaded very soon
20/3/13 Working with investors To be uploaded very soon
Did you know that our RE/MAX Global team
puts on more than 10 educational online
webinars a month, and if you are a RE/MAX
affiliate, there is no cost!
Want information about these educational webinars? Email at globaltraining@remax.com!
3. RE/MAX Mumbai –Gujarat – Maharashtra
Broker Owner Conferences in Mumbai, Pune and Ahmedabad held in March
2013
RE/MAX Mumbai Gujarat Maharashtra organized broker owner
meets in above three cities on 22nd, 23rd and 25th March
respectively. Every year these broker owner meets are held twice
a year where all the broker owners come and the achievements
and concerns of region and its broker offices of previous half
year is shared with all the broker owners and strategy for next
period is discussed.
All the three broker meets were full of energy because of active
participation of Broker owners. All the broker owners discussed
the new 100% model and how to get more agents now by pass-
ing on maximum brokerage.
Mr. Harit Parikh, Broker Owner of RE/MAX REALTY SOLUTIONS
shared his valuable experience of R4 convention which he
recently visited in LAS VEGAS.
Mr. Manan Choksi shared marketing ideas in these BO meets.
Mr. Aashil Patel shared Importance and ways of doing PR in real estate industry. Mr. Sahil Shah shared few ideas on recruitment and
importance of having agents at 100% sharing.
4. RE/MAX Mumbai –Gujarat – Maharashtra
BO SPEAK!
Manisha Mehta: Broker Owner RE/MAX MATRIX, MUMBAI
Where do you see market 5 years from now?
Housing prices have soared much higher than the reach of average Indian in the past decade at an
annual rate of 14%. However, price appreciation has slowed significantly during 2012 in the top
seven cities of the country.
Owing to sluggish sales and increased holding and construction cost, the real estate scenario has
found itself in deep waters. It looks like the market will remain in a lull for some time to come. Inves-
tors with money in hand can look for great deals and opportunities due to the distress monitory re-
quirements of builders. Rental housing will take a big jump in the next two years. And then the after a
pause, demand for end use will begin sprouting once again. Because there is a real need for homes.
Fortunately or unfortunately the beneficiary in the entire process seems to be going in the investor’s
favor, one who has the funds and risk appetite to get great deals from the developer and wait till the
time the end user wakes up once again to his needs.
BA SPEAK: Amish Vyas, Broker Associate RE/MAX METRO, Ahmedabad
While it is a wonderful idea to get into the real estate business, it is important to stress the fact
that you must make goals to help guide your business. Your goals need to be long term as well as
shortterm. While you are making goals, you must make sure you are making plans to actually help
you achieve your goals.
At present Real Estate business is one of the fastest growing businesses. Day by day many people
are experiencing success in this field. There are some basic strategies you have to learn if you are a
newbie. If you want to develop your skills in this field, real estate seminars and courses are the best
way. By participating in seminars you can surely become successful in this field by gaining some
knowledge.
If you are trying to make a good business from real estate you need to invest in a planner to help
you keep your contacts organized, as well as make sure you schedule time to actually actively look
for property. If you do not schedule time to actually look for property then you are mostly relying
on luck and chance to help your business grow.With the help of Real Estate seminars and courses,
you will be able to gain the complete knowledge on Real Estate business. There is no any difficulty in this field. All you have to do is
completely understand the techniques which you have to use in order to succeed in your business. You can be your own boss once you
learn all the tactics of this field
I have gained a lot here in terms of money, respect, clients, relationship, and business everything.This is not the business in which we
reap today and get the fruit tomorrow we have to wait for the results.
Here 90% is smart work and only 10% is hard work. It’s so simple “Open More Leads, Close More Deals.”
5. RE/MAX Mumbai –Gujarat – Maharashtra
OPEN HOUSE BY RE/MAX REALTY SOLUTION AHMEDABAD.
RE/MAX REALTY SOLUTION has planned an open House of a Bungalow in Manekbaug and has invited peo-
ple through social media, email campaigning and personal contacts.
This 4 BHKBungalow has a well-planned layout with formal living room, family room / TV room, dining room and kitchen with 1 Master
bedroom on the ground floor. There is also a lounge area with 3 bedrooms, balcony and study room on 1st floor. The house has great
ventilation and natural light throughout the day. Exterior elevation of the house is well maintainedtoo. The Property is exclusivelymarketed
by RE/MAX Realty Solutions.
To have more details about these houses click the link below:http://www.remax.in/505023005-131.
6. RE/MAX Mumbai –Gujarat – Maharashtra
The RE/MAX MGM Facebook page (www.facebook.com/remax.mgm) crossed
the 10,000 likes mark and we are now almost 11,000. This shows we are the
most “liked” international brand in the MGM region.
7. RE/MAX Mumbai –Gujarat – Maharashtra
New RE/MAX Marketing Platform RE/MAX Celebrates More Than $128
Wins Achievement Award Million in Total Donations
(Denver, CO) – RE/MAX LLC, a global leader in real estate, has DENVER - As a proud
been recognized with the Marketing Achievement Award from the partner of Children’s
Real Estate Marketing Insider for the company’s “Design Center” Miracle Network Hos-
platform. The award is given each quarter for improvement or pitals®, RE/MAX, LLC
innovation in the art of real estate marketing. This month, RE/MAX has made a mark - an
launched an updated version of “Design Center,” created by Im- $8.2 million mark - in
prev. The new platform features a more intuitive user interface, and contributions to the
offers agents and offices more enhanced marketing capabilities. nonprofit organiza-
tion over the past year
“Since Design Center first debuted in 2006, our agents have had alone.
access to state-of-the-art marketing tools,” said Abby Lee, RE/MAX
Vice President, Brand Marketing and Advertising. “The new plat- The partnership
form makes it even easier for them to grow their business through between RE/MAX
improved visibility with home buyers and sellers. It’s just one of and CMN Hospitals
the no cost tools that RE/MAX provides our network.” developed in 1992 and has grown continuously since. To date, RE/
MAX agents have donated more than $128 million to help fund
The new Design Center allows agents to create and distribute life-saving treatments with advanced medical equipment, cutting-
professional marketing materials, both digitally and via snail edge research and continuing education.
mail. Agents can post their material on the internet to a number
of websites and aggregators, remotely print paper materials, such “More than 20 years ago, we aligned with an organization that
as postcards, flyers and brochures, and also measure the impact shared the same deeply rooted value of family,” said Gail Liniger,
of email or online campaigns. The redesigned platform also helps RE/MAX Co-Founder and Vice Chair. “The millions of families our
agents streamline their business and allows them to be more ac- agents have helped Children’s Miracle Network Hospitals reach is
cessible to their clients. beyond what we ever imagined.”
http://www.remax.com/c/about/news_article/new-re-max-market- http://www.remax.com/c/about/news_article/re-max-celebrates-
ing-platform-wins-achievement-award more-than-128-million-in-total-donations
9. RE/MAX Mumbai –Gujarat – Maharashtra
REALTY NEWS: Realtor body against Budget proposal of 1% TDS on
property deals
Godrej launches affordable housing project in Confederation of Real EstateDeveloper’s Associations of India
Ahmedabad (CREDAI), has sought withdrawal of Budget proposal to levy 1%
tax deducted at source on any property deal other than agriculture
Godrej Properties Ltd has launched one bedroom-kitchen-hall land.
(1BHK) houses in the affordable segment at its upcoming Godrej
Garden City in Ahmedabad. In a recent representation sent to the finance ministry, the realtors’
body has argued that implementation of this proposal will lead to
The Mumbai-based real estate developer would market these af- more complexities and harassment of consumers. “We are seeking
fordable apartments at prices starting at Rs 16.5 lakh, the company withdrawal of this proposal completely. This will lead to harass-
said in a statement here. ment of consumers, especially the buyer who is being burdened
with additional responsibility to withhold the amount, deposit this
Five new towers, each having 13 storeys, including the ground
to tax authorities and file returns,” said Lalit Kumar Jain, chairman,
floor, will offer these apartments measuring 600 sq. ft. each. Each
CREDAI.
tower will be equipped with 2 lifts and all apartments are open from
two sides with no two apartments overlooking each other. http://economictimes.indiatimes.com/markets/real-estate/news/
realtor-body-against-budget-proposal-of-1-tds-on-property-deals/
The project is within the Ahmedabad Municipal Corporation (AMC)
articleshow/19315117.cms
limits. Godrej Properties is creating facilities for public transport,
education, health-care, recreation, hospitality, retail and banking
within the development.
RE/MAX India Convention: Meet on the beach April
26-28
Indian real estate market investment volume at Rs
19,000 cr in 2012
India was ranked 20th among the top 20 real estate investment
markets globally with investment volume of Rs 19,000 crores
recorded in 2012.
According to Cushman & Wakefield’s latest report, International
Investment Atlas, China remained the largest global investment
market overall thanks to the surge in land sales seen in late 2012.
The US was placed in the second position, followed by the UK in
third place.
The majority of the investment in India was through institutional
sales (67 per cent), while the remaining was through private equity Business trips don’t get much more exotic than this.
(PE) investments (33 per cent). The market witnessed institutional
sales (excluding apartments) of Rs 12,800 crore, concentrated in RE/MAX Affiliates from around the world are invited to work - and
commercial development sites and the office segment, including play! – at RE/MAX Realty Rendezvous, the 4th annual RE/MAX India
standalone and pre-leased office buildings. While the investments Convention.
in institutional sales declined 37 per cent over the last year, private
The meeting will be held April 26-28 at the Majorda Beach Resort
equity investment in India increased by 7 per cent in 2012 and was
along the stunning beaches of Goa, in west India. The Convention
noted at Rs 6,200 crore, the report said.
will offer networking meet-and-greets, along with training sessions
In terms of value, the majority of private equity in real estate and workshops.
(PERE) investments was noted in ready income generating / opera-
Organizers say, the gathering will offer serious business opportuni-
tional office assets at Rs 3,230 crore, which saw an increase of 34
ties in a country ranked as a major, growing economic hub whose
per cent over 2011. Under-construction residential projects contin-
thousands of well-to-do investors are looking to buy property
ued to witness the highest number (25) of PERE deals in 2012 and
internationally.
witnessed private equity investments at Rs 2,850 crore.
Don’t miss out on an exciting trip you can still call “work.”
10. RE/MAX Mumbai –Gujarat – Maharashtra
PHOTO GALLERY
BO MEET WITH PUNE RE/MAX FRANCHISE OWNERS
ACCOMODATION TIMES NATIONAL REAL ESTATE AWARDS SPONSORED BY RE/MAX
11. RE/MAX Mumbai –Gujarat – Maharashtra
PHOTO GALLERY
Harit Parikh sharing his experience of R4, Las Vegas at Ahmedabad BO Meet.
Mr. Aashil Patel, Regional Owner explaining about effective PR Program in BO Meet
12. RE/MAX Mumbai –Gujarat – Maharashtra
PHOTO GALLERY
Mr. Tushar Gandhi, Broker Owner, RE/MAX Vintron sharing his vast experience in Real Estate Broking
Industry.27th National Real Estate Awards Photos
RE/MAX MGM
Safal Profitaire, Block A, G5,
Corportate Road,
Opp. Prahladnagar Garden Road,
Ahmedabad – 380 015
Please send us your reviews about this month’s newsletter. Feel free to Phone : +91 99090 66999
give your suggestions and we will incorporate the same in coming news- Email: mgm@remax.in
letter. Send your suggestions to ppandya@remax.in
NOBODY IN THE WORLD SELLS MORE REAL ESTATE THAN RE/MAX