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INNOVATORS IN REAL ESTATE

Ajinkya Chaudhary – BNI Member Company Name: Hishobnis Services Private Limited Expertise: Virtual CFO Services Accomplishment: Onboarded more than 8 clients in the month of March for internal audit and CFO services Mob.: +91 95612 72064 Email: ajinkya@hishobnis.com / www.hishobnis.com   Ar. Laxman Thite – AESA Member Company Name: Laxman Thite AOP, Laxman Thite Consultants Pvt. Ltd. Expertise: Urbanistic, humanistic and optimistic Design Development Accomplishment: Participated in various architectural competitions, Recipient of awards & accolades, ongoing project of BDD Chawls redevelopment at Lower Parel, Mumbai. Mob.: +91 84088 80894 Email: laxmanthite@gmail.com   Chandresh Vithalani – NAR Member Company Name: Palladian Partners Advisory Pvt. Ltd. Expertise: Broker-centric mindset, enabling comprehensive market insights and seamless investor experiences Accomplishment: Winner of the Iconic Real Estate Company of the Year at The Times Real  Estate Conclave 2022-24 Mob.: +91 90040 99999 Email: chandresh@palladian.in   Dr. Anshul Gujarathi- AESA Member Company Name: Eco Solutions Expertise: Sustainability, Green Certification and Built Environment Accomplishment: 2022-23 International Recognition- Runner-up for ‘Woman In Sustainability’ from *World Green Building Council Asia Pacific Network Mob.: +91 98500 55791 Website: www.eco-solutions.in   Er. Pramod Khairnar Patil- CREDAI Member Company Name: Marathwada Constructions Pvt Ltd Expertise: Residential, Affordable Housing, Plotting & Layouts Accomplishment: Became state president of the prestigious Organization – CREDAI Maharashtra Mob.: +91 77220 65254 Email: Kepee65@gmail.com   Er. Sanjay Vaichal – AESA Member Company Name: Vaichal Const Pvt Ltd, Vruksha Landscapes Expertise: Industrial, Institutional, Hospitality Construction Contracts, Landscape Contracts Accomplishment: Construction of Birla Mandir in Goa before the deadline Mob.: +91 98220 34103 Email: sanjay@vaichal.com / www.vaichal.com   Gaurav V. More – BNI Member Company Name: Maharashtra Sales Corporation Expertise: Trading – Steel & Cement Accomplishment: We cater to Builders, Fabrication & Heavy Duty Industries, Civil Contractors, Architects, PEB Contractors Mob.: +91 96234 49818 Email: gaurav.more@mahasalescorp.com   Mohaniraj Khodade – BNI, NAR, PROP Member Company Name: Relation Realtech Pvt Ltd Expertise: Strategic Sales and Marketing Management Accomplishment: Sold 200+ mandate projects in Pune and PCMC Mob.: +91 99200 55616 Email: business@relationrealtech.com   Mahesh Somani – NAR Member Company Name: Liyaans Properties Expertise: Residential & Land Services. Dealing in residential, Commercial, land, hospitality, healthcare, education, retail and logistics Accomplishment: Vice – President: NAR India, Life Member : ACAE & Maheshwari International Business Foundation, Member : ICC, Past President: Lions Club of Calcutta Kankurgachhi – District 322B2, Lions Clubs International. Managing Trustee : SGS International School. Mob.: +91 98311 10640 Email: mahesh@liyaans.com / www.liyaans.com   Shantaram B Patil – CREDAI Member Company Name: JSK Dream homes Builders and Developers Expertise: Plan designing and Cost cutting Accomplishment: Selling flats without any advertisements is my biggest achievement Mob.: +91 94239 16152 Email: kachavek9@gmail.com   Gajendra S. Patil- NAREDCO Member Company Name: Elite Landmarks Group Expertise: Real Estate Development Accomplishment: Projects in Pune west, Aundh, Baner Balewadi etc Mob.: +91 98223 96171 Email: gsp@elitelandmarks.com, patilgajendra@hotmail.com   Samir Chopra – NAR Member Company Name: Samir (SAM) Chopra Expertise: Experienced transaction advisor empowering businesses through strategy, finance, and digital transformation. Accomplishment: Guiding investor clients spread their investments across multiple asset classes including Real Estate and equity. NAR-India, NAREDCO, etc Mob.: +91 99110 63063 Email: sam@cybizcorp.com   Prasad Kharde Patil – NAREDCO Member Company Name: M/s. Kharde Patil Expertise: Innovation, Creation and Dedication Accomplishment: Awarded for best project in Kothrud through Hon. Nitin Gadkari Mob.: +91 98811 49945 Website: www.khardepatil.com   Ritesh Thakkar- NAREDCO Member Company Name: Euphoric Developers Expertise: MHADA Housing Projects Accomplishment: Projects at BT Kawade road , NIBM, Hadapsar. Chairman of MHADA & SRA at NAREDCO Association Mob.: +91 91581 19000 Email: euphoricdevelopers23@gmail.com   Vikram Malik – PROP & NAR India Member Company Name: Associatte PropTech Pvt Ltd Expertise: Luxury / Residential / Commercial/ Preleased / lands Mob.: +91 80108 01081 Email: vikram@associatte.com   Ramessh Toshniwal – PROP Member Company Name: Toshniwal Consultancy Services Expertise: Commercial and High-End Residential Accomplishment: Proud member of PROP Association Mob.: +91 94220 09346 Email: rptoshniwal@rediffmail.com

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Financial Advisor Talks

Buying a house is a dream of most Indians. That’s because in our society, having your own home is the ultimate sign of progress. People who live on rent are frowned up and are consistently pressured by family and friends to get their own house. This pressure to buy a house combined with the astronomical real estate prices in most cities means most people need to take home loans to make this dream a reality. On top of it, most people want to buy the house of their dreams, which means the home loans taken are huge. And with big loans come astronomical interest costs. But what if we told you, there is a way to make your home loan interest free. Don’t believe us? Well, read on to know how.   Home loans cost you an insane amount of money over their lifetime Most banks and housing finance companies highlight the EMI you need to pay for your dream house, making you believe that you can buy that house. And while you might be able to afford the monthly installment, the cost of these loans is massive. In most cases, the interest paid on loan amount for a long-term loan is much higher than the loan amount. So, if you keep paying monthly EMI for 20 years, you end up paying ₹ 86.37 lakhs in total. This ₹46.37 lakhs extra is the interest you pay. Take a moment to think about it – you pay more than what you borrowed as interest plus the actual amount. However, there is no way out to get rid of interest because that’s the way the loan system works. So, does it mean you should not buy a house till the time you don’t have the entire amount? If you can, nothing like it. But for most of us, this might not be a viable option.   The Solution – Recover the interest amount you will pay by investing in mutual funds By starting a SIP of .10% of your home loan amount in a mutual scheme, you recover the interest amount. Let’s continue with the example we mentioned above. If you start a monthly SIP of ₹ 4,000 (0.10% of the loan amount), your investments at a 15% average annual return will grow to a total of ₹ 59.88 lakhs in 20 years. From this corpus, even if you deduct your invested amount, which is ₹ 9.6 lakhs, then also you will have ₹ 50.28 lakhs in your hands which is more than enough to cover the interest you will pay. This calculation holds true no matter what your loan amount is. The Bottomline: If you have taken or are planning to take a loan to buy your dream home, you will have to pay interest costs. But with a small SIP, you can recover the entire amount with ease. You can use tools like SIP Calculator to calculate your estimated returns on investment. However, this will become a reality only if you keep investing that amount and demonstrate patience. To know how you can achieve this, follow this link and enter details on the next page

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Aarambh Foundation Celebrates World Sparrow Day

In a heartwarming display of dedication to environmental conservation, Aarambh Foundation marked World Sparrow Day with a spectacular event held at The Bhandarkar Oriental Research Institute on 20th March 2024. The occasion aimed to raise awareness about the plight of the sparrow, a beloved yet endangered bird species. The event commenced with a ceremonial Ganesh Pooja conducted by Mr. Chaitanya Joshi, Co-founder of Dream Works Realty, and Mr. Nagpal, along with a captivating video presentation. Mr. Manish Khadilkar & Ms. Meghali Katdare, Associate Directors of Aarambh Foundation then took the stage with a brief introduction, setting the tone for the enlightening proceedings. Esteemed personalities including Mr.Shantilal Kataria (Aditya Builders-MD), Mr.Kapil Gandhi (Sigma One Universal-Founder), Mr.Nitin Sawant (NS Wealth Solution Pvt Ltd-Founder), Mrs.Ruma Agwekar (Rotary Club Sahawas),Ar. Shashank Joshi (architect), Mr.Ravindra Bharti (Bharti Share Market-Founder-CMD), Mr.Abhishek Kawitkar (Tree Public Foundation-CEO) were present & felicitated for their outstanding contributions to the event. In particular, Mr. Abhishek Kawitkar praised the Aarambh Foundation for its innovative nest box design aimed at supporting sparrows. Mr. Shantilal Kataria, while acknowledging the efforts of the Aarambh Foundation, urged the audience to extend their support not only through their presence but also by contributing to the cause in the future. The highlight of the evening was the captivating drama “Chimnyanchi Shaala” directed by Mrs. Ashwini Ambike, featuring 18 talented students from grades 4 to 7. Additionally, the audience was treated to the documentary “Chimni Mhanje Kay,” starring renowned Marathi singer Savaniee Ravindra. The ceremony also saw the Business Entrepreneurship Awards under the joint initiative by Dreams Per Square Feet and Punekar News. Mr. Akhilesh Agarwal, Director of KalaCasa Studio, Mr. Mahesh Ghorpade, Founder/Director of Revell Creations, and Mr. Dimakh Sahasrabuddhe, Founder/Director of Dimakh Consultants were among the awardees. The event garnered support from notable figures such as Kiran Purandare, Pushkar Shrotri, music director Rahul Ranade, actor Vijay Mishra, renowned classical singer Pandit Sanjeev Abhyankar, Vijay Patwardhan-actor, Manjoo Phadke-DG Rotary, Deepak Shikarpur IT professional further amplifying its impact. Mr. Umesh Pawar-Founder, Aarambh Foundation said we continue to champion the cause of environmental conservation, inspiring communities to safeguard our natural heritage for generations to come.

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Elevating Real Estate the ‘Wise’ way

Wise is not just an interior design company; it's a beacon of luxury living. With a focus on transforming spaces into captivating, functional, and awe-inspiring environments, Wise stands as a premium choice for those seeking excellence in interior design. At the heart of Wise, lies a unique design philosophy, one that blends timeless elegance with cutting-edge modernity. This philosophy is manifested through innovative technology, sustainability practices, customization options, and a profound appreciation for artisanship. By harnessing the latest advancements in design and construction, Wise creates spaces that not only stand the test of time but also minimize environmental impact. With over 40 years of experience and a strong portfolio boasting 300+ clients and 150+ corporate offices, Wise brings a wealth of expertise to every project. Their exceptional project management ensures on-time delivery and affordable solutions tailored to diverse budgets. Whether it’s crafting a classical ambiance, embracing a modern aesthetic, or seamlessly blending styles, Wise’s team of designers, architects, and craftsmen collaborates closely with clients to realize their vision. Wise’s offerings to builders encompass a range of essential spaces, including sales pavilions, show flats, entrance lobbies, amenity spaces, and clubhouses. These meticulously designed spaces not only enhance the aesthetic appeal of properties but also contribute to a seamless and immersive experience for prospective buyers. In the realm of real estate sales, Wise adds significant value to builders through its “Sell Wise” approach. Understanding the importance of selling inventory swiftly, Wise creates immersive experiences that leave a lasting impression on customers, accelerating the sales process and making it an enjoyable journey. By offering sales pavilions, show flats, and sample flats, Wise facilitates the visualization of dreams, making the selling process smoother and more effective. The benefits of partnering with Wise extend beyond enhanced sales figures. By leveraging Wise’s expertise in designing entrance lobbies, amenity spaces, and clubhouses, builders can sell faster and build a better brand image. The meticulous attention to detail and innovative use of materials contribute to a higher conversion rate and lower investment costs, ultimately maximizing returns on investment. Furthermore, Wise’s commitment to sustainability not only aligns with modern environmental standards but also appeals to conscientious buyers seeking eco-friendly properties. By incorporating green practices and sustainable materials into their designs, Wise helps builders sell at a premium while contributing to a greener future. In the competitive realm of real estate, where every detail matters, Wise emerges as a beacon of distinction. With a commitment to unparalleled services, Wise transforms spaces into captivating environments that resonate with individuals’ unique personalities and aspirations.

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Building Tomorrows

In the realm of entrepreneurship, some individuals are born with an innate passion and drive to carve their own path, defying conventions and embracing challenges head-on. Mr.Kapil  Gandhi stands as a shining example of such a visionary entrepreneur whose journey from humble beginnings to multifaceted business ventures epitomizes the spirit of resilience, determination, and innovation. It all began after his 12th-grade exams when he embarked on a transformative experience working alongside his cousin, a construction contractor. At the age of 18, for four months during his holidays , Gandhi immersed himself in the world of construction, finding joy in the work and developing a keen interest in the industry. His dedication didn’t waver even as he pursued his engineering degree at Bharati Vidyapeeth. During this time, he completed four projects under his cousin’s guidance, accumulating invaluable experience. By the time he graduated, Gandhi had honed his skills and was ready to chart his own path in the business world. At the young age of 22, he took the leap and founded his contracting company in 2001. Gandhi’s early start served him with a significant advantage, giving him a head start of six to seven years compared to his peers. With a solid foundation of experience behind him, he expanded his horizons, venturing into various businesses, including event management and real estate. His ability to identify promising opportunities and capitalize on them fuelled his success. Despite facing financial challenges, Gandhi remained undeterred. During his time in college, he redirected his focus towards event management and diligently saved up enough funds to kick-start his entrepreneurial journey. Additionally, the support of a generous friend, who provided financial assistance without formal documentation, proved instrumental in overcoming initial hurdles. One of the defining moments in Gandhi’s journey came when he secured a project from Syntel India with a tight deadline of 45 days. Faced with the daunting task of completing the project single-handedly, he momentarily doubted his abilities. However, his mother’s unwavering encouragement and belief in him spurred him on.With determination and resilience, Gandhi not only met but exceeded expectations, delivering the project within 46 days. This achievement served as a turning point, instilling him with newfound confidence and propelling him towards greater success. From that moment onward, he never looked back, embracing each challenge as an opportunity for growth and innovation. Commenting on RERA he said, the construction industry is undergoing a transformative phase marked by enhanced transparency, safety, and swift construction, driven by a new generation of informed, educated, and ethical developers. Supported by organizations like CREDAI, the industry is fast getting organized and regulated by the Govt. Pre-RERA, MahaRERA received complaints against 23% of projects, whereas post-RERA, complaints reduced significantly to 3.5% of projects. In India, with a population of 1.4 billion, housing holds unique socio-economic importance. A transparent & thriving real estate sector not only boosts GDP growth by 6 to 7% but also stands as the country’s second-largest employer after agriculture.  Recognizing the enduring impact of his work on their lives, Gandhi deeply empathizes with his clients. Despite his project involvement lasting only a few years, he values the lifelong commitment clients make through EMIs. He pledges unwavering dedication to maintaining trust in his work, prioritizing quality and safety. While some dismiss emotions in business, Gandhi views them as vital. He stands by his promises, ensuring accountability by seeking alternative solutions if unable to fulfil a task, prioritizing respectful communication with affected individuals. His advice to his 20-year-old self is to emphasize the importance of mastering cash flow management. Additionally, he’d stress the value of seeking a mentor. Not everything can be learned solo, so having a mentor to offer guidance is essential.  His message to the developers, today’s market reflects a significant shift, with 45% of buyers aged 25 to 35 seeking modern amenities due to their global exposure. This transition from a price-driven to a product-driven market underscores the need for developers to understand evolving customer demands. Effective communication among developers, architects, and stakeholders is crucial, facilitated by accurate briefings reflecting deep customer insights. Direct interaction fosters innovative idea exchange, as seen in his Wakad project where an internal school bus stop was added to address nuanced needs, enhancing project quality & appeal. Today, Gandhi is actively involved in strategic investments across various businesses, including leasing commercial and retail properties, real estate development, land trading, plotting and organic farming. His journey exemplifies the importance of perseverance, seizing opportunities, and believing in oneself against all odds, inspiring others to dream big and pursue their passions with unwavering dedication.   Kapil Gandhi MD, Sigma One Universal

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Punekarnews

Pune and Pimpri-Chinchwad See Surge in Property Sales, Generate Rs 6,500 Crore Revenue in Financial Year 2022-23 Pune: The citizens of Pune and Pimpri-Chinchwad have turned their attention towards buying and selling properties after the Covid-19 pandemic. The government treasury has accumulated nearly Rs 6,500 crores of revenue in the current financial year from these cities alone. This information has come to light in the review conducted by the Registration and Stamp Duty Department for the current financial year. The current month (March) alone has witnessed revenue of Rs 657 crores. The Registration and Stamp Duty Department has recorded an increase in the purchase and sale of properties in Pune and Pimpri-Chinchwad due to various factors such as the planned international airport, metro project, and two circular roads at Purandar, along with ambitious projects in the information and technology sector, industry, and employment guarantee. In the current financial year, from 1st April 2022 till now, more than 2.5 lakh cases have been registered in Pune and Pimpri-Chinchwad, generating a revenue of Rs 6,500 crores. From April to November 2022, 1,70,162 records were registered, and the government earned a revenue of Rs 4271.75 crores from them. In December 2022, 24,234 records were registered, and the revenue generated was Rs 799.68 crores. In January 2023, 23,957 entries were registered, and a revenue of Rs 651.21 crores was received. The state government had set a revenue target of Rs 5,880 crores for Pune and Pimpri-Chinchwad cities in the current financial year, which has been surpassed by the Registration and Stamp Duty Department. However, the state government employees went on strike from 14th March to 21st March, resulting in some of the 27 secondary registrar offices in Pune and Pimpri-Chinchwad cities stopping work and affecting registration. Additionally, new current market rates (ready reckoner) apply from 1st April every year, leading to a rush for registration in March. This year, between 1st and 24th March, 19,289 entries were registered, and a revenue of Rs 657 crore 18 lakh 54 thousand was received.   By Mubarak Ansari Founder & CEO, Punekarnews

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