Real Estate Magazine

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Real Estate in India Mumbai vs Pune

In India, after the usual “What’s your name?”, the next question is often, “Where you from?”. A home is more than just four walls and a roof—it’s a reflection of your identity, your dreams, and your journey. It’s where memories are made, where families grow, and where you find solace after a long day. Therefore, real estate is really more than just a big purchase it’s a dream for many. Real estate has always been a cornerstone of wealth creation in the country. You would have heard how if your grandfather had bought just that one land piece 50-60 years back you would have been a millionaire by now. Recently, many of my family members bought house in Pune and my first question to all of them was “Why not Mumbai?” and long debate ensued. So let me share some points which they shared which made me agree with them. The real estate rivalry between Pune and Mumbai is intensifying, with Pune emerging as a preferred destination for investors and homebuyers. While Mumbai has long been India’s financial capital, Pune’s affordability, infrastructure development, and thriving IT sector are making it a strong contender. Let’s explore why Pune is gaining an edge and what this means for property buyers and investors. Affordability: The Game-Changer Mumbai’s sky-high property prices have made it unaffordable for many, while Pune offers better affordability with lower costs per square foot. This makes Pune an attractive option for middle-income buyers and investors. For instance, a 2BHK apartment in Mumbai’s suburbs can cost upwards of ₹2 crore, while a similar property in Pune’s Hinjawadi or Wagholi can be purchased for ₹1 crore or less. This affordability allows buyers to invest in larger homes or diversify their portfolios without over-leveraging. Additionally, government schemes like PMAY (Pradhan Mantri Awas Yojana) provide further incentives for first-time homebuyers. Infrastructure Development: Driving Growth Pune’s infrastructure is transforming rapidly, with projects like the Pune Metro, Ring Road, and Mumbai-Pune Expressway enhancing connectivity. Areas like Hinjawadi, Kharadi, and Wagholi are witnessing significant appreciation due to these developments. For example, the Pune Metro, expected to be fully operational by 2025, is boosting property values along its corridors. Similarly, the proposed Ring Road is opening up new areas for development, making them attractive for long-term investments. Tax Benefits: A Win-Win for Investors The new Long-Term Capital Gains (LTCG) tax laws, effective from 23rd July 2024, provide flexibility for property sellers. Investors in Pune can benefit from these laws, especially when reinvesting gains in residential properties or specified bonds. For instance, sellers can choose between a 12.5% flat tax rate without indexation or a 20% tax rate with indexation, depending on which option minimizes their tax liability. This flexibility makes Pune’s real estate market even more attractive for long-term investors. Quality of Life: A Growing Priority Pune offers a better work-life balance compared to Mumbai, with cleaner air, less congestion, and a vibrant cultural scene. This has made it a preferred choice for young professionals and families. The city’s pleasant climate, proximity to hill stations like Lonavala and Mahabaleshwar, and thriving social infrastructure add to its appeal. For many, Pune represents the perfect blend of urban convenience and a relaxed lifestyle. Conclusion: Pune’s Real Estate – A Smart Choice Pune’s real estate market presents a compelling case for investors, homebuyers, and professionals. Its affordability, infrastructure development, and thriving IT sector make it a strong contender against Mumbai. With the added flexibility of the new LTCG tax laws, Pune is poised to become a hub for long-term real estate investments. For those looking to invest in property, Pune offers a unique combination of growth potential, quality of life, and financial benefits. Whether you’re a first-time buyer or a seasoned investor, Pune’s real estate market is worth exploring. CA Tanmay Gambhir tanmaygambhir37@gmail.com

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Pioneering Security Solutions for Over Two Decades

In a world where safety and security have become paramount, R-Isha Securetech Pvt. Ltd. stands out as a trusted leader in the electronic security management sector. Established over two decades ago, the company has effectively evolved from a vision of providing comprehensive security solutions into a reputable name synonymous with quality and reliability. History and Growth: Founded with the primary aim of enhancing security through innovative technologies, R-Isha Securetech Pvt. Ltd. has consistently expanded its presence across Maharashtra. Headquartered in Pune, with branch offices in Kolhapur and Nashik, the company has adeptly managed to grow its footprint, catering to a diverse clientele that ranges from residential sectors to large enterprises. This year, R-Isha Securetech Pvt. Ltd. proudly celebrates its 23rd anniversary, marking two decades of commitment to excellence in security management. Product Offerings R-Isha Securetech Pvt. Ltd. boasts an extensive product portfolio that addresses various security needs. Their offerings include: CCTV Cameras: High-definition surveillance solutions that ensure round-the-clock monitoring. EPABX Systems: Advanced communication systems designed to enhance business communication. Video Door Phones (VDP): Innovative solutions that allow for secure visitor management. Access Control Systems: Comprehensive systems that regulate entry and enhance security. Biometric Solutions: Cutting-edge technology for secure and accurate identification. Fire and Burglar Alarm Systems: Reliable alarm systems designed to safeguard properties. Gate Automation: Seamless automation solutions for ease of access and security. Attendance and Payroll Software: Solutions that streamline workforce management. Networking Products and Accessories: Essential components that support robust security infrastructures. Billing and Accounting Software: Software designed to enhance organizational efficiency. Smart LED TVs: Smart technology integrated for better communication and engagement. Consultation Services: Beyond product sales, R-Isha Securetech Pvt. Ltd. is known for its exceptional consulting services. Their team of experts works diligently to understand client-specific needs, developing tailored security management strategies that ensure peace of mind. This customer-centric approach has solidified their reputation as a pivotal player in the industry. Industry Partnerships: R-Isha Securetech Pvt. Ltd.aligns itself with some of the top brands in the electronic security and surveillance sector. These partnerships enable them to deliver cutting-edge technology and innovative solutions that keep their clientele ahead of the curve. Maha Securetech Expo: In keeping with its mission to empower the security industry, R-Isha Securetech Pvt. Ltd. launched the Maha Securetech Expo, an initiative aimed at bringing together leading brands under one roof. The expo offers hands-on training and educational sessions for their dealer network, fostering collaboration and skill enhancement within the industry. With successful events held throughout the previous year, the expo focuses on educating participants about the latest trends and innovations, ensuring they remain competitive in a rapidly evolving market. Commitment to Quality and Innovation: With an unwavering focus on quality, innovation, and customer satisfaction, R-Isha Securetech Pvt. Ltd. continues to redefine security solutions in Maharashtra. Their commitment to staying ahead of technological advancements sets them apart in the competitive landscape, making them a go-to choice for businesses and individuals seeking reliable security solutions. Conclusion: R-Isha Securetech Pvt. Ltd’s journey over the past 23 years reflects its dedication to safety, innovation, and client satisfaction. As they look towards the future, the company remains committed to enhancing the security landscape through strong partnerships and a continued focus on excellence. Whether it’s through their diverse product offerings or innovative educational initiatives, R-Isha Securetech Pvt. Ltd. stands as a beacon of security in an uncertain world. Rahul Mutha CEO & MD, R-Isha Securetech Pvt. Ltd. rahul@ishacctv.com www.ishacctv.com

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The Visionary Marketer Who Saw Before Others!

Some success stories are years in the making, and Mithilesh Ghorpade’s journey is no exception. A dynamic entrepreneur, he is an academician, strategist, dreamer, and someone who’s not afraid to get his hands dirty—always in the right ways. Known for his relentless innovation and commitment, Mithilesh believes in pushing boundaries to create impactful strategies. His work in brand communication and marketing has shaped campaigns for global brands across industries. A Legacy Rooted in Advertising Mithilesh’s connection to the world of advertising and brand communication runs deep. His father, Mahesh Ghorpade, was the mastermind behind Revell Creations Pvt. Ltd., a renowned agency that crafted branding strategies for major real estate companies in Pune. Growing up in this creative environment, Mithilesh was introduced to brand communication at an early age, which laid the foundation for his future success in marketing. The Man Behind the Vision While the marketing field is highly competitive, Mithilesh has surpassed many by evolving from a creative contributor to a strategic thinker and problem-solver. His approach to business has been shaped by a philosophy passed down by his father: “We don’t want to be stuck doing just one thing. Whatever comes our way, we figure it out.” This adaptability and forward-thinking mindset have helped him stay ahead in the ever-evolving marketing landscape. Mithilesh quickly realized that marketing was transitioning from flashy advertisements to more structured, scientific strategies. His extensive travels and studies across continents helped him refine his expertise and cement his reputation as a global trendsetter in marketing. Academic Excellence and Thought Leadership Mithilesh’s journey began with a Bachelor of Business Administration (BBA), followed by industry experience before pursuing a Master’s in Strategic Marketing and Entrepreneurship from the University of London. His thirst for knowledge led him to delve deeper into market research and consumer psychology, eventually earning a double PhD from King’s College London, specializing in Neuromarketing. His research, which merges neuroscience with marketing, focuses on understanding consumer responses to branding, advertising, and media to improve brand engagement. Mithilesh’s work in Neuromarketing has been guided by renowned scholars like Dr. Lee Quinn and Dr. Crowley, positioning him as a thought leader in the field. Kynos Media: A 360-Degree Marketing Powerhouse Kynos Media, Mithilesh’s brainchild, goes beyond traditional digital marketing. Unlike others that limit themselves to digital campaigns, Kynos provides comprehensive brand consultancy, including brand identity development and IPO launch support. With its holistic approach, Kynos ensures clients receive end-to-end solutions in strategic marketing, brand identity, and media planning. What sets Kynos Media apart is its focus on consumer psychology and data-backed strategies. By leveraging insights into consumer behavior, Kynos helps brands achieve long-term growth. Clients from industries like real estate, education, healthcare, government projects, and hospitality flock to Kynos for its expertise. Bridging the Gap in the Marketing Industry Mithilesh recognized early on the flaws in traditional marketing strategies, which often lacked structure and focused on trial-and-error approaches. To bridge this gap, he developed a research-based approach, integrating targeted advertising, data analytics, and quick return-on-investment (RoI) strategies. A strong advocate for Neuromarketing, Mithilesh uses EEG to track consumer behavior and predict how different demographics respond to marketing stimuli. Global Expansion and Future Plans While Kynos Media has made its mark in India, Mithilesh is now taking it global, with a growing presence in London and strategic collaborations worldwide. The future for Kynos involves transitioning from daily campaign management to a more specialized role in strategic brand consultancy. Mithilesh plans to work with 20-25 niche brands, helping them develop long-term marketing strategies. Beyond Business: A Multifaceted Personality For Mithilesh, technology and software are just as important as marketing. He has ventured into coding in varied languages and participated in robotics programs at NASA, showcasing his passion for innovation. A hands-on entrepreneur, he doesn’t just advise clients from the sidelines but immerses himself in their industries to provide data-driven solutions. The Ultimate Surprise: A Legacy in the Making Mithilesh Ghorpade’s story is not one he expected to be told, but it is a journey that deserves to be shared. With his blend of academic rigor and business acumen, he is reshaping the future of marketing globally. His contributions to strategic marketing and branding are already making an impact, and as he continues to push the boundaries, he is set to leave a lasting legacy in the marketing world. Mithilesh Ghorpade Founder, Kynos Media mithilesh@kynosmedia.co.in

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Heritage Walk

Reviving Traditional Architecture: The Essence Of Vernacular BUILD Craft! Built heritage is a reflection of a region’s cultural identity, history, and collective memory, showcasing the ingenuity of traditional craftsmanship and architectural wisdom. It is an embodiment of local materials, construction techniques, and community-driven spatial planning that has evolved over centuries. Traditional architecture not only serves as a source of inspiration for contemporary design but also offers valuable lessons in sustainability, climate responsiveness, and cultural continuity. However, rapid urbanization, modernization, and changing perceptions of progress have led to the neglect of vernacular practices. This article explores the significance of traditional crafts in space-making, the diversity of architectural styles across India, and the urgent need to bridge the gap between heritage and modern architecture. The crafts encompass the making of space and all the aspects associated with it. Traditional architecture brings out the flavour of a region through its structural elements and spatial configurations, offering insights into community involvement in the process of space-making. Experiencing traditional architecture first-hand allows one to grasp fundamental design principles and fosters an understanding of space, aesthetics in minimalism, sustainability, and structural stability. These aspects are crucial in the learning, teaching, and practice of architecture (Thakkar, 2011). Today, India exhibits a rich diversity of vernacular styles, shaped by geography, climate, and available materials. From the Kath-Kuni construction of Himachal Pradesh to the timber-framed houses of Ahmedabad, the stone masonry homes of Kutch and Saurashtra, and the bamboo houses of South Gujarat, each style is deeply rooted in local traditions and responds effectively to micro-climatic conditions. These traditional buildings, inherently sustainable and resource-efficient, stand in harmony with their surroundings (Vandenhende, 2015). Despite its advantages, vernacular architecture faces widespread misconceptions, particularly among India’s middle class. Many believe that progressive architecture is synonymous with the use of concrete and steel, while vernacular materials are perceived as inferior or outdated. There is also a misconception that only those who cannot afford modern materials opt for vernacular construction, while building crafts are considered a luxury reserved for mansions and palaces. This detachment from traditional practices is leading to the gradual loss of built heritage and indigenous knowledge systems. Interestingly, contemporary society has begun to recognize the value of organic and locally sourced products in food and fabric. Similarly, there is a growing awareness of the benefits of living in contemporary structures built with natural materials. A similar shift in perspective is required in architecture—to integrate vernacular wisdom with modern needs, ensuring a sustainable and culturally rooted built environment. Traditional architecture is not just about preserving the past; it is about learning from it. By reviving traditional crafts, incorporating them into contemporary design, and addressing the misconceptions surrounding vernacular materials, we can create spaces that are both culturally meaningful and environmentally responsible. Built heritage is not a relic of the past but a living source of knowledge that can shape the future of sustainable architecture. Ar. Sharduli Joshi Associate Professor, SMEF’s Brick School of Architecture, Pune shardulijoshi@brick.edu.in

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NAR-India Annual Convention 2025

Shaping the Future of Indian Real Estate New Delhi, March 21-22, 2025: The 17th NAR-India Annual Convention, hosted by the National Association of Realtors India (NAR-INDIA) in collaboration with APP Delhi NCR, commenced with grandeur at JW Marriott, Aerocity, New Delhi. The prestigious event brought together policymakers, industry leaders, and real estate professionals from India and around the globe to discuss the future of Indian real estate. Hon’ble Manohar Lal Khattar, Minister of Housing and External Affairs in the Central Government, graced the event with his esteemed presence. Addressing the gathering on the occasion of World Realtors Day, Khattar Ji lauded the real estate sector’s contributions to nation-building, highlighting its significant 18% contribution to India’s GDP. He commended NAR-India and the entire real estate fraternity for their pivotal role in driving economic growth. The convention spotlighted key reforms and emerging trends shaping the real estate landscape in India. Engaging panel discussions covered crucial topics, including the Real Estate (Regulation and Development) Act (RERA), the proposed One Nation, One Licence system for brokers, and the growing emphasis on certification and training for real estate professionals. Experts stressed the need for structured education, ethical practices, and regulatory knowledge to meet the sector’s evolving demands. The event was further elevated by the presence of several distinguished guests, including Mr. Anand Kumar, Chairman of RERA Delhi, and Mr. Aman Gupta, Co-founder and CMO of boAt. Adding to the dynamic atmosphere were captivating sessions by author and speaker Mr. Chetan Bhagat, stand-up comedian Gaurav Kapoor, and actress Ms. Divya Dutta. Senior journalist Ms. Manisha Natrajan, along with global real estate leaders such as Ms. Marion Weiler (VP, Stellar MLS & UCO), Ayres Dcunha (NAR Global Ambassador to India and Thailand), Dr. Matthew Kallumadil (VP, Technology Innovation and Global Markets at Stellar MLS & UCO), Sam DeBord (CEO, RESO), and Shayne Fairley (COO, Stellar MLS & UCO) shared valuable insights, adding depth and diversity to the discussions. The 17th NAR-India Annual Convention proved to be a powerful platform for meaningful dialogue and collaboration. With the active participation of policymakers and industry experts, the event reaffirmed NAR-India’s commitment to advancing the real estate profession. It successfully paved the way for a progressive roadmap, fostering growth, innovation, and excellence in India’s real estate sector.  

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Inauguration of TAB Terra Casa & FashionTV Luxury Real Estate Brand Initiative in Paud-Mulshi, Pune

Pune, India, 19th April 2025 – The much-anticipated inauguration of the TAB Terra Casa & FashionTV luxury real estate brand initiative, a signature project by the Tejas Arun Bahirat Patil Group took place on the 18th of April ‘25 at the opulent JW Marriott, Pune. The inauguration event of TAB Terra Casa was graced by the presence of Soha Ali Khan, the renowned Bollywood celebrity and artist with a distinguished legacy in the film industry, alongside FashionTV MD Kashiff Khan, a global franchise expert and Rukmani Singh Hooda, Director FashionTV India. The event also saw a gathering of prominent industrialists, media personalities, artists, environmental advocates and local dignitaries; making it a momentous occasion that reflected the fusion of luxury, lifestyle, eco-sustainability & innovation that TAB Terra Casa truly represents. Renowned for their focus on eco-friendly designs, sustainability and avant-garde architectural concepts, the TAB group’s newest venture is designed to offer unparalleled luxury while maintaining a commitment to environmental responsibility. In partnership with FashionTV, the world’s leading fashion and lifestyle media brand, TAB Terra Casa introduces NA-sanctioned premium villa plots for the discerning buyers. These plots are meticulously designed with eco-friendly principles, honoring the values of Mother Nature while perfectly adhering to Vastu Shastra. The design reflects a deep-rooted belief in Indian spirituality and values, blending tradition with modern luxury. What Is TAB Terra Casa? The TAB Terra Casa project stands as a testament to the vision of Shri Tejas Arun Bahirat Patil, whose leadership has been instrumental in championing sustainable development in the real estate sector. The project incorporates cutting-edge designs, energy-efficient technologies and sustainable practices to create a luxurious yet eco-conscious living space. The TAB Terra Casa project will offer an array of NA-sanctioned villa plots that offer ample scope to develop premium residential villas, blending modern luxury with the tranquil charm of the natural surroundings, enabling several eco-conscious features in their architectural blueprints. The TAB project is aimed at minimizing the environmental footprint while maximizing the comfort & convenience of its residents. It is well-connected to the Pune main city, with several modern amenities, schools, colleges & hospitals in the neighboring vicinity. “We are proud to present TAB Terra Casa which reflects our ongoing commitment to sustainable development and innovation in the real estate sector,” said Shri Tejas Arun Bahirat Patil, Founder of the Tejas Arun Bahirat Patil Group. “This project is a perfect blend of luxury, nature, and cutting-edge design principles. We believe it sets a new benchmark for eco-friendly living in the region and offers our residents a truly unique and sustainable lifestyle.” Adding to the momentum of the occasion, Mr. Kashiff Khan, FashionTV, MD, stated, “This luxury real estate project profoundly honors environmental consciousness, while adhering to the principles of Vastu and respecting tradition. It seamlessly integrates modernity with luxury, offering an eco-friendly lifestyle that beautifully combines sustainability with sophistication.” Further highlighting the point, Ms. Rukmani Singh Hooda, Director FashionTV India, added “This partnership is very close to my heart because it’s about storytelling through spaces. With F Villas Terra Casa, we’re turning the idea of “home” into a curated lifestyle, elegant, serene and chic.” Speaking at the momentous occasion, celebrated Bollywood actress & celebrity, Soha Ali Khan, reflected “ I uphold a legacy in acting and take great pride in being a part of prestigious legacies in real estate such as TAB Terra Casa and FashionTV, a global brand that’s recognized in the luxury lifestyle sector. The TAB Terra Casa project holds a special place in my heart, as it aligns with my passion for environmentally sustainable practices.” The TAB Terra Casa project is expected to attract discerning buyers looking for high-end properties that offer both luxury and sustainability, in one of Pune’s most sought-after and scenic locations. Project can be viewed at ftvrealestate.in or sales contact +91 86575 52990 About the Founder of TAB, Mr. Tejas Arun Bahirat Patil Tejas Arun Bahirat Patil is a visionary leader with a BE in Civil Engineering from the prestigious Pune University. With a legacy rooted in designing & developing eco-friendly real estate projects, his work prioritizes eco-conscious designs, solid waste management, renewable energy and petroleum conservation. His work in the realm of sustainable development has earned him numerous accolades from the government, honoring his efforts in promoting environmentally responsible construction and urban planning. About FashionTV And Mr. Kashiff Khan FashionTV, world’s largest fashion and lifestyle media brand was conceptualized by Mr. Michel Adams, Founder-Chairman of FashionTV, in the year 1997 with a mission to expand the business of luxury, fashion, lifestyle and glamour to several Nations. Mr. Kashiff Khan, the Managing Director of FashionTV aims to extend his philosophy and expand the businesses of FashionTV into India- the second most populated country with enormous market potential. FashionTV presents F Real Estate Brand Licensing that is an entire brand vision in the luxury real estate spectrum, comprising different kinds of real estate licensing verticals, ranging from residential to commercial, including hospitality. Exploring new vistas in luxury real estate, the core focus of FashionTV is on inventing the future of Real Estate, with an emphasis on luxury & innovation.

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Radical reforms will make Real Estate $1 trillion market by 2030

Vast swathes of land with construction activity and glittering buildings dotting the skyline greets you as you drive through the newly built urban highways and expressways in Indian cities! The massive transformation in the country’s physical, social and digital infrastructure is evident and its impact palpable. The Indian government has spent `54 lakh crore on capital expenditure in the last 11 years. This has had a huge multiplier effect on economic growth and consumption demand, benefitting sectors like real estate, manufacturing and services – the major job creators in the economy. For India to become the third largest economy by 2030, the real estate sector will play a vital role. Rapid economic growth has led to a rise in urbanisation and affluence of Indians. Urban areas are projected to house 40% of the population by 2030, and per capita income of India is expected to surge by nearly 70% to reach $4,000 by 2030. These factors will create unprecedent demand for real estate. The sector is projected to reach a market size of $1 trillion by 2030 from $300 billion currently with its contribution rising from 7% of GDP to 15%. To achieve this, the sector must embark on an ambitious growth path. For that to happen, radical reforms must be undertaken in areas like taxation, approvals, ease of doing business, access and affordable credit, affordable housing to propel demand and attract domestic & foreign capital into the real estate sector. India’s GDP at current prices is expected to reach $7.3 trillion by 2030 from $3.5 trillion in 2023-24, thereby overtaking Japan to become the third largest economy after the USA and China. Paradigm shifts in real estate India’s real estate has undergone a paradigm shift since the operationalisation of RERA in 2017. It has brought about vast improvement in compliance by real estate developers as a result of which the sector has seen huge transparency leading to a rise in investments by individuals, domestic and foreign institutional investors. According to PropEquity data tracking RERA across 20 states, 1.43 lakh projects have been registered comprising 1.11 crore units between January 2017- January 2025. Renewed Momentum post-pandemic The sector has seen a cycle of growth never seen before in the past four years (2021,2022,2023,2024) after two years of slow growth which started in 2019 and dropped to its lowest during the COVID pandemic in 2020. The pandemic ushered in strong homebuying sentiments from both domestic investors, who wanted to either upgrade to a new home or invest in this wealth-creating-income-generating asset class owing to rise in aspiration and affluence. NRIs too jumped onto the bandwagon and wanted a piece of real estate in their hometown back in India. To add to this, the massive infrastructure development like expressways and highways, airports, metro rail and rapid transit systems, modernisation of railways among others placed real estate sector amongst the best performing asset class. These factors have played an important role in driving up housing sales and real estate price exponentially over the past five years. According to PropEquity, the average housing price in India’s top 9 cities have gone up by 88% in the last five years with cities like Gurugram, Noida, Bengaluru, Hyderabad and Chennai recording growth between 80-160%. During this period, the housing sales have gone up from Rs 2 lakh crore to Rs 6 lakh crore across top 9 cities with units sold rising from 2.7 lakh units to 4.7 lakh units. The trend across India’s tier 2 cities is similar. In 2024, housing sales in India’s top 15 tier-2 cities saw a 4% increase in units sold to 1,78,771 units and a 20% rise in sales value, reaching ₹1.52 lakh crore. Office leasing crossed 75 million sq. ft. in 2024 with strong demand from technology, BFSI and co-working operators. India’s warehousing sector leased 25.6 million square feet in 2024 while retail leasing touched 6.4 million sq. ft. Conclusion The need of the hour is to build on the momentum. Significant reforms on fiscal and monetary side must be undertaken to boost both demand and supply. The initiatives must not just incentivise developers by way of tax reliefs, policy tweaks and faster approvals but also homebuyers and investors to make it lucrative for them to invest in the real estate sector. These measures will unlock the full potential of the Indian economy and help it become a $1 trillion market by 2030 contributing significantly to GDP and employment. Samir Jasuja Founder and CEO

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How Black Panda Engineered a Revenue Leap Without Adding a Single Client

From ₹3 Cr to ₹10 Cr What if someone told you your business could 3X its revenue without spending a single rupee on marketing or acquiring new customers? Sounds like a fantasy? That’s exactly what we did. At Black Panda Enterprises, we specialize in business turnarounds—and not the “let’s redesign your logo” kind. We get under the hood, fix what’s broken, and unlock hidden growth sitting right inside your current setup. Take this recent project: an Indian software company that had hit a wall. Annual revenue was stuck at ₹3 Cr, teams were demotivated, and clients were slowly drifting away. They had the talent, the clients, and the tech—but they were leaking value at every level. When they called us, we didn’t pitch shiny new tools or market expansions. We told them something different: “Let’s win with what you already have.” Here’s what we did: Rebuilt the leadership mindset from operational firefighting to strategic thinking. Streamlined internal operations so delivery became predictable, professional, and faster. Revamped HR systems—hiring, onboarding, performance tracking, and most importantly, retention. Installed financial discipline so the business could scale profitably, not just grow recklessly. Engaged deeply with existing clients, improved service delivery, responsiveness, and value delivery. And the outcome? Revenue jumped from ₹3 Cr. to  ₹10 Cr. annualized in just under 10 months. Zero new clients added. This was pure operational and relationship optimization. Now, here’s the part most CEOs and founders miss: the difference between systems and processes—and how this misunderstanding quietly caps their revenue. A process is a single thread—how you onboard a client, how you approve budgets, how you close support tickets. But a system is the engine—a connected set of processes, people, and tools that work in harmony to achieve outcomes. Most companies have a few good processes. Very few have functioning systems. That’s why revenue stalls. That’s why scale breaks. And that’s where we come in. Whether you’re in tech or real estate, services or construction—your growth is being throttled not by lack of opportunity, but by invisible gaps in how your business runs. At Black Panda, we don’t just fix operations—we engineer systems that grow revenue. Let’s talk. Your next ₹7 Cr. might already be in your business—you’re just not set up to see it. Leena Nair Founder & CEO, Black Panda Enterprises leena@blackpandaconsulting.com

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Manish Jain Takes the Helm as New President of CREDAI Pune Metro

Pune, 17th April 2025 – CREDAI Pune Metro, the apex body of private real estate developers in Pune, has elected Mr. Manish Jain as its new President for the term 2025-27. With an extensive background in the real estate sector and plant bio-technology, Mr. Jain brings a wealth of experience and strategic vision to the organization. Manish has done his Masters in Business Administration from the University of Southern Mississippi. On being elected as the new President of CREDAI Pune Metro, Mr. Manish Jain said, “I am honored to take on this role and look forward to working towards the growth and sustainability of Pune’s real estate sector. CREDAI Pune-Metro will continue to focus on innovation, transparency and collaborative efforts to shape a better future for developers, home buyers & all stakeholders.” Under his leadership, the association will focus on several critical areas, including addressing environmental clearances issues in PCMC & surrounding 5km radius, the Development Plan (DP) for PMRDA, ensuring fair water allocation and metering for projects, and streamlining processes to improve ease of doing business. Additionally, emphasis will be placed on advocating amendments in relevant acts and regulations, and encouraging the adoption of advanced technologies to improve construction quality, speed, and cost-efficiency. He will also focus on detail structuring of the systems & processes of the Association Mr. Manish Jain, President, CREDAI Pune Metro has taken charge from – Ranjit Naiknavare, Imm. Past President, and now Vice President for CREDAI National. The new team will also consist of Arvind Jain, Aditya Javdekar, Vinod Chandwani, I.P. Inamdar, Nitin Nyati, J.P. Shroff as Vice Presidents, Ashwin Trimal as the Secretary, and Tejraj Patil as the Joint Secretary and Mr. Akhil Agarwal as a Treasurer. Mr. Kapil Gandhi will continue to handle Public Relations. The Managing Committee includes: Sanjay Deshpande, Manish Kaneria, Anup Jhamtani, Punit Oswal, Ketan Ruikar, Dilip Mittal, Rinku Shewani, Siddharth Moorthy, Ishaan Magar, Kapil Trimal, Sapna Rathi, Milind Talathi, Hiren Parmar, Ashish Jain, Bhushan Palresha and Nilesh Vohra. An official installation ceremony, also known as the change of guard ceremony will take place on 26th April 2025 About CREDAI-Pune Metro: Founded in 1982, CREDAI-Pune Metro is an association representing over 2000 member developers in Pune. The organization supports the real estate sector through policy advocacy, training, workshops, and seminars, enabling its members to stay informed about industry trends and regulatory updates.   Media Contact: Zainab Jariwala – 8451996739 or zainab@milestones.in Devendra Nazare- 9764770840 or devendra@milestones.in

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Chapter 2/4: Designing Homes That Feel Like You

At Archmaze Associates, our creations live this adage because we don’t just design buildings—we shape homes filled with comfort, beauty, and meaning. You feel great leaving it and even more so when you come back! To this end, as an architectural firm we specialize in creating private residences that are thoughtfully planned to keep things deeply personal, beautifully designed, and most of all, crafted in ways that go beyond dreams. To us, a home is beyond four walls and a ceiling. It’s a reflection of the people who live in it, their dreams and aspirations. That’s why every project of ours starts with listening carefully. We take time to understand your lifestyle, your preferences, and your dreams. Whether it’s a cozy weekend cottage or a large family home, our aim is to design spaces that feel just right—for you, every moment. Our approach is rooted in four key values. First, sustainability. We use eco-friendly materials and focus on natural lighting, ventilation, and energy-efficient systems. We design with nature, not against it. Second, functionality. Homes we help create are not only elegant but also practical. We create layouts that flow naturally—from living rooms that invite conversation to kitchens that support everyday life to bedrooms that induce the feeling of rest and happiness. Third, personal style. No two families are alike. We ensure that every home reflects the personality and lifestyle of its owners. Your taste, your habits, your comfort—it all matters. And fourth, timelessness. We believe good designs last. By using natural materials and simple, elegant forms, we create homes that look good today and still feel right years from now. Our design process is clear and collaborative. It begins with a friendly consultation where we discuss your goals, needs, and site conditions. We then study the land carefully, looking at light, wind, slope, and other natural elements. Next comes the creative part—translating your ideas into initial sketches and concepts. These ideas are developed into detailed drawings and specifications, using tools like CAD and Building Information Modelling (BIM). Throughout the process, we coordinate with experts in structure, lighting, ventilation, and more. Once everything is planned, we help you get the required permissions. We stay involved during construction, making sure your home is built exactly as it was imagined. At Archmaze Associates, we’re passionate about building more than houses—we’re building havens. Spaces where you can rest, grow, and celebrate life. Homes that welcome you every day with warmth and grace. Let’s build yours, together.   Ar. Sahil J Khinvasara Founder, & Principal Architect at Archmaze Associates +91 9021588829 archmaze09@gmail.com

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