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WITHIN 3 TO 6 MONTHS HOME BUYE

WITHIN 3 TO 6 MONTHS HOME BUYER WILL RETURN TO MAR...

According to the Grow Empire survey which has been going on from March. In which many of Real Estate industry people are involved. According to the survey till date, we have found out within 3 to 6 months buyers will return to the market.

Pune: In the next 3 to 6 months Home Buyers will return to the market. For better returns on investment, still, real estate is preferred. In this crucial situation also many home buyers are looking forward to investing in the Real estate market.

“This crucial situation we were under pressure and our team assumed that there will be less response from the buyers in the market, but unfortunately their situation is changing rapidly in a positive way. In the last 15 days, a positive result is visible. As well as there are many buyers who are enthusiastically looking forward to buying a home, but they are facing some financial issues or want to save their earnings in-case of financially uncertainty & for that as a Garve Group we are ready to support them, by various ways including Payment holidays. So hopefully the market will get more stable very soon.” said, Girish Gujarani, Sales Manager, Silver Treasure.

The survey was started at the end of April 2020 and still going on, the survey was done by sending the link to the Seller and getting their opinion about the real estate industry. Many of the sellers responded that many buyers will look for “Ready to Move in house”. While many sellers said, Buyer will look for the property where they can easily get connected with IT sectors and they can work from home.

“Grow Empire survey reports says, New home buyers will look the property in 3 to 6 months. But looking at the current situation, our team has been in touch with our Premium clients and had asked them for the response of the Current Market. We were shocked to know during this crucial situation also people are ready to invest in Ready to Move in Property. As well as this crucial situation has made this industry a setback, lots of change in consumer behavior has been found, also demand to own the new home which is secure and safe with surrounding,” Gaurav Khopkar, Marketing Director& Financial Advisor, GrowEmpire.com, said.

Reason for returning of Home Buyer in Pune Real Estate Market

As many of us know Maharashtra Govt.has signed MOUs of Rs.16000 crore with the top 12 industries and companies, under the “Magnetic Maharashtra 2.0”. Automobile, Logistics, banking, etc are the sectors that are going to invest in Pune, Maharashtra. Said, officials of Maharashtra Govt.

Companies that are investing in the major locality of Pune.

1.Hengli Engineering from China to invest Rs.250 crore in Talegaon which will create 150 employment.

2.Ascendas Logistic Agency from Singapore to invest Rs.560 crore in Chakan & Talegaon, Pune.

3.Hiranandani Group from India to invest Rs.150 crore in Chakan & Talegaon, which will create 2500 employment.

4.EastEC Electronics system design from South Korea to invest Rs.120 crore in Pune which will create 1100 employment.

5.PMI Electro Mobility (Vehicle Agency) with Foton JV from China to invest Rs.1000 crore in Talegaon, which will create 1500 employment.

6.Rack Financial Institution knowledge Middle from Singapore to invest Rs.1500 crore in Hinjewadi.

7.Great Wall Motors from China to invest Rs.3770 crore in Talegaon which will create 2042 employment.

 

We hope this Funding/investment will boom the Maharashtra Economy. And also, the increase in Employment in the state.

Investment of the above companies in Pune, going to boom the Real Estate market of Pune. Keeping this in mind many Home Buyers are out in the Market for Investment in the Real Estate sector. Looking at this crucial situation many real estate sellers thought, buyers will buy the property after this pandemic. But, Homebuyers are out for buying a property in the Market.

Real Estate sector of the Pune seems to Boom, as the news of Investment is Spread in the Market. Locality like Chakan, Talegaon Dabhade, Hinjewadi, Wakad, Kamshet, Vadgaon, Pune, etc. Are major in demand among New Home Buyers.

Earlier Blog of “Talegaon Dabhade Going to Boom, As Top Companies are Investing” has cleared of the doubts in the market. And also covered up the real estate market of Talegaon Dabhade.

In this blog, we have covered up all the details of the Pune Real Estate Market, and How this Investment of Top companies will create high demand for the flats.

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Talegaon Dabhade Going to Boom

Talegaon Dabhade Going to Boom, As Top Companies a...

Maharashtra govt. It is up to restart the economy which was hit by Coronavirus Pandemic. On Monday Govt. Of Maharashtra has signed the MOUs of Rs. 16000 crore with 12 companies and industries, under “Magnetic Maharashtra 2.0”. Sectors like Logistics, automobile, banking, engineering, etc. Are investing in Maharashtra said officials of Maharashtra Govt.

On behalf of state govt. The pacts of business were signed by Subhash Desai, the industrial minister of Shiv Sena.

“No hurdles will be faced by companies while setting their units. For setting up the plants in various parts of Maharashtra, we will facilitate all the companies.” Chief minister Uddhav Thackeray said.

Companies like Great Wall Motors, PMI Electro Mobility Solutions, ExxonMobil, UPL, etc are investing in Maharashtra.

Companies which are setting up the Plants in Talegaon Dabhade –

1. Great Wall Motors of China will invest Rs.3770 crore with 2042 Employment. They have already acquired General Motors plant in Talegaon Dabhade, Pune.

2. PMI electromobility solutions and Foton Motors will invest jointly Rs.1000 crore with 1500 employment, in manufacturing of Electric Vehicle in Talegaon Dabhade, Pune.

3. Hengli Engineering of China will invest Rs.250 crore with 150 employment in Talegaon Dabhade, Pune.

4. Ascendas Singapore based Logistics agency will invest Rs. 560 crore in Talegaon Dabahde, Pune.

5. Hiranandani Group of India will invest Rs. 150 crore with 2500 employment, in logistic sector, in Talegaon Dabhade, Pune.

 

Looking forward to Govt. Of Maharashtra hopes this funding or investment will improve the economy of Maharashtra. And also there will be more employment within the state.

Also, investment of the above 5 companies in Talegaon Dabhade will increase the Residential Market. The demand for new homes will take a high peak as many of Employed will shift to Talegaon Dabhade after getting to know about the companies which are setting their plant.

As we earlier stated in our blog  "Talegaon is the Next Residential Hub", the above blog will fulfill your questions which might have raised you while reading the earlier blog. 

You might have got enough knowledge about Talegaon Dabhade, and also How Talegaon would be the next residential hub.


 

Best Ongoing Residential Projects in Talegaon Dabhade

Silver Treasure, Garve Group - 1BHK & 2BHK

Vastu Siddhi, Vastu Developers - 1BHK

Aayush Park 3, Earnest Group - 1BHK & 2BHK

Indraprastha Residency, R R Builder & Developer - 2BHK

 

Best Ongoing Plotting Projects

Grace Landmark

Wind Chimes

Sai Nagar

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How to do customer engagement

How to do customer engagement in Real Estate? And ...

Everyone knows that interaction with customers or prospective lead is very important in the real estate sector, so how to make sure the customer is engaged to our brand and gets converted from a lead to a sale?

Many types of research across the real estate industry show that builders and real estate developers lose many clients because there is no follow-up or engagement from the sales team.

As per recent research almost 50% of real estate developers and agents loose potential lead due to the non-engagement of clients. Every inquiry plays a very important role in today’s world and proper interaction helps in building future property buyers.

It is very important to keep engagement with the leads because current leads can be your future buyers. Always keep in mind that there are a number of potential leads who are looking for property but not ready to buy, we can easily convert this Leads into customers by being interaction with them by utilizing various media platforms like, SMS, email, WhatsApp, Reminders calls, etc. These direct platforms can use to build strong relationships with the clients until they purchase.

If we take care of leads with proper engagement then those leads will be our Potential Clients, ignoring them can seriously affect your business.

Until a few years back, most buyers used to visit the actual site for details of the project. But with the advancement of technology, the mode of information collection has changed a lot. Presently all the buyers in the market are very well educated and they know how to collect information about the Property Seller or the Project information. It is very important to keep engagement with the clients because current clients can be your future buyers. Always keep in mind that there are a number of potential clients who are looking but not ready to buy, we can easily convert the clients into customers by being in touch with them.

Customer Engagement can happen via an online property portal like Growempire.com as these are one of the best platforms which can help you with the visibility of your projects and can also help you with the effective communication & Engagement with your clients with the help of a customer engagement program. These Portals help you in planning a proper engagement schedule so that a customer is not burdened with the same mode of engagement.

Which points should be kept in mind while Engaging Leads?

• What does customer engagement mean?

Lead Engagement, Lead Nurturing or Lead Interaction means the process which will help you to build strong relationships with Buyers at every stage of the sales funnel and help to your lead get more info about your Product. It’s the journey of your leads from Lead to Buyer. You should have a plan about how to engage your clients according to the current scenario.

• Elements for engagement of customers.

Purpose, Strategy, Effective Communication, Trust are some of the Important elements which can help you engage in your lead. Create a strong relationship with leads so they can understand value, importance, clear crystal info so they are able to trust you and be converted into sales.

• Setting Goals

The process of customer engagement always helps you to gets returns of investment in marketing. For that, you have to set Goals by study and analyze what you want to achieve? With the help of the lead engagement process with the objective of quantitative and qualitative terms.

Always provide value and try gaining their trust by educating them with the content, also pitch your product value with a good service so that the lead can easily get converted into a customer.  

• Selection of proper technology

Now, these days there are many ways which you can use to get in touch with your lead, and also measure tasks and plans. All Leads are not available on the same platform or using the same technology so according to that, you have used multiple platforms or technology to follow up your Leads.

Make yourself available for Leads, so they can get in touch with you whenever they want, by any platform which they are familiar with. You have to easy to access them offline or online whatever it can be. 

• Building List & Division of Data

As Many Real Estate Developers & Agents promoting their property various platforms and getting Valuable leads, Now Make a List of all your Leads and sort them by behavior Like their Requirements, Budget, Locations, etc., and according to list start to give them valuable information.  Furthermore, if you have a large number of leads list, take a look at the Leads you have and find out the use of useful patterns. Next Divide your Data into Different groups as required.

The division of the data will help you to reach your goals. As you divide the goals which you have set, you can handle the Leads personally. In addition to the stage of purchasing lifecycle, you can furtherly divide the leads into the geography, groups, and location, and also the behavior of the buyer.

• Engagement on Various Channel

TodayBuyers are digital user, Lead used various channels for getting information. It means as real estate developers or Agent you need to know the importance of the Customer Engagement on the website, with the help of retargeting the customers, using media, emails, SMS, Whatsapp, Telle-calling, etc.

• Analysis of Lead Engagement

In many ways, you can analyze the Lead engagement program and get the report of what can be improved and how? As well as what needs to be worked out. Tracking of lead engagement helps you to know whether the lead can get converted into a buyer. Lead Engagement tracking can be done by keeping daily updates of Example 1 Emails: which have been sent, delivered, open, read, respond. Also keeping updates. Example 2 What’s App Messages:  which are sent, delivered, read, replied.

In Analysis of Lead Engagement, you may not only ably find out which Way’s is useful and Fretful but also check results by Lead behavior. So, On the basis of Analysis, you will get a clear idea about your Lead Quality and Conversion ratio, and according to that, you can plan for your future marketing sales strategy.

The above point of Lead engagement will definitely help you to understand the purchasing of the lifecycle of the lead. Once you understand the importance of lead engagement you will also get to know the different behavior of lead.

Once you started with the engagement program with the leads you can easily monitor and also you can respond to the feedback –  it can also help you to collect the data which can be beneficial for you in the future, it also helps you to know the behavior of clients and the journey of the clients before buying during buying, and after buying. With the engagement program, you can give a boost to your business, and also it can help you to turn your existing customers as your advocate of the brand.

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More 3 Month Extension of loan

More 3 Month Extension of loan Emi, And Rate of In...

On May 22, the Reserve Bank of India's choice is welcomed by the real estate sector to cut 40 premise benchmark loaning rates which focuses to relieve the effect of COVID-19 emergency and by a quarter of a year an augmentation of term loan moratorium. However, said the long-standing interest for a one - time rebuilding of loan been thought of the rest would have been greater had.

"To build private utilization with exertion and all the divisions hit by the COVID-19 pandemic get liquidity access byRBI's declarations is been continued efforts. Because of lockdown, these measures will help restore request injured," said the president - Assocham and NAREDCO Niranjan Hiranandani -.

By 40 basis point to 4 percent diminishing the repo rate will enable the banks with access to all the sectors with extra liquidity. "Till August 31the business welcomes the expansion of term loan moratorium. By March 31, 2021 the loaning establishments are being allowed for working funding to reestablish the edges to the root level. This is a positive development," he said.

Liquidity for Developers RBI's move is relied upon to ease and banks empower to loan considerably more. To bring down-home advance financing costs the repo rate slice will help add to banks, and onto the market which may get a few more fence-sitters.

Till August 31 the loan moratorium will be stretched out, saidShaktikanta Das RBI Governor. A six-month moratorium this makes. By March 31, 2020 the loaning foundations are being allowed working money to the source level to reestablish the edges.

Of Monetary Policy Committee (MPC) In an off-cycle meeting, to help develop the choice was taken consistently to slice repo. Following the decrease, the opposite repo rate has been sliced to 3.35 percent,  the repo rate has boiled down to 4 percent and.

By RBI Governor Shaktikanta Das, The MPC headed, on March 27  has last decreased the repo rate (the rate at which national bank loans to banks) by an amazing 75 premise focuses on 4.14 percent.

For developers this is another large advance that will ease liquidity -however, it will empower banks to loan considerably more the rate cut won't just convey positive signals. Hence, up to August 31, 2020, forecasts well for the land division in the occasions to come, the rate cuts joined with the further extension of the loan moratoriums by 3 months.

For home purchasers significantly further, inspire the estimations of the repo rate cuts. Throughout the most recent year, Home credit loan fees have just gone down considerably, and are now averaging between 7.15 percent to 7.8 percent an all time

Many realtors are been baffled because of not meeting with the project's loans from which are existing and it should be rescheduled yet not met.

The 40 basis points to 4 percent the declaration, is an economy move coordinated towards the recovery. The banks should see the advantages of the equivalent are passed down to the end-shoppers, this should be ensured by RBI.

 

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