Tag: 360 Realtors.

Kolshet Road in Thane and Sarjapur Road in Bangalore Among Emerging Real Estate Destinations

India’s leading real estate advisory 360 Realtors has compiled the top 5 emerging market destination report. The report features Kolshet Road in Thane and Sarjapur Road from Southeast Bangalore. The other 3 emerging destinations from India include Sec-91 & 92 in Gurgaon, Mundhwa in Pune, and Newtown Rajarhat in Kolkata.

The report has been prepared following exhaustive research. These destinations have been chosen based on detailed scrutiny & analysis of a wide variety of market characteristics. Dozens of micro-markets throughout the length and breadth of the city have been examined across critical parameters and accordingly, the top 5 destinations have been identified. These parameters include quarterly market price growth trends, half-yearly transaction growth, present job markets, future growth in employment, and status of physical & social infrastructure. Equal weightage has been given to each parameter.

“In the Mumbai Metropolitan Region (MMR), Kolshet road has been chosen. Situated near the bustling commercial hub of Ghodbunder Road, Kolshet Road offers a good inventory of “Ready to Move (RTM) property options. The micro-market is conveniently connected with eastern suburbs through Eastern Express Highway. Very soon line 4 of the Mumbai metro will also come in the region”, quoted Ankit Kansal, Founder & MD, 360 Realtors.

In Bangalore, Sarjapur has been featured on the list. As major IT hubs such as Electronic City and Whitefield are becoming saturated, Sarjapur Road is emerging as a prominent realty destination. Most of the major IT hubs in the region are located at an approachable distance of 15-20 km from Sarjapur Road. The region itself is home to plenty of major MNCs such as KPMG, Wipro, Accenture, HP, etc. In phase 3, the metro will also enter Sarjapur Road connecting Hoskote-Sarjapur-Hebbal.

In Pune, Mundhwa has made to list. Located between major IT hubs of East Pune, Hadapsar, and Kharadi. In the last 10 quarters, property prices have moved up by 9.6%. In the past quarter, average property prices have jumped by 5.4%, further underlining the potential in the micro-market.

In NCR, Sec- 91 & 92 located in the suburbs of Gurgaon has been identified. Situated close to other upcoming micro-markets in Gurgaon such as Sec 80, 82 & 82 A, Sec 91 & 92 are bustling commercial, retail, and residential hubs. The location is also dotted with bio reserves and open green spaces, thereby adding serenity and calmness to the lives of residents.

“Indian real estate is once again on an upturn and the market is gradually gaining momentum after the whiplash of the pandemic. Transaction volumes are jumping in most of the major markets backed by a low-interest regime, attractive payment plans, and a bullish economic outlook. Amid a resurgent market, we have compiled the emerging destination report to help discerning buyers with insights, data, and actionable information on the Indian realty. The report can be downloaded directly from the 360 Realtors website”, added Ankit Kansal.

360 Realtors to conduct its 2nd Edition of E-Propshow in Pune

India’s leading real estate advisory 360 Realtors is conducting the second edition of the virtual property show, also known as E-Propshow in Pune. The event, which will start from 9:00 AM, will be conducted online over 3 days starting from the 9th of July.

Last year when the event was conducted, it was hailed as an evolutionary step in the real estate industry. Both industry experts and customers expressed their appreciation for the digital initiative.

This time the event is conducted at a much larger scale. Over 50,000 registrations are expected to learn about 100 individual projects situated in Pune. More than 200 property experts will be working behind the screen to assist homebuyers with all their property needs. There will be plenty of discount offers, exclusive payments plans, and white good items to lure home buyers. Numerous developers such as VTP, KoltePatil, Godrej, ShapoorjiPallonji, are participating in the event.

“For the past many months our in-house team has been working tirelessly to build and test the platform. No stone was unturned to develop a coherent, convenient, and easily navigable platform for visitors. One to One consultation will be given to visitors to render them a unique and complete experience. Virtual viewing facilities are embedded so that discerning buyers can know a lot more about properties, without any need for actual visits. Likewise, paperwork and other documentation have been moved online, keeping buyer convenience in mind” Quoted Mr.Ankit Kansal, Founder & MD, 360 Realtors.

Besides residential apartments, service apartments, plotted lands, and villas, etc; the virtual property event will also showcase a host of commercial projects as well such as retail units, virtual spaces, entertainment zones, etc.

In the new normal, virtual property events are going to gain popularity. It is not only safe and secured but also offers a single platform to showcase multiple properties. In a time when people are scared of going outside, they can sit along with their family members and know about various property options, and make informed decisions.

360 EDGE ended the year on a high note, added 25+ Franchises in top 5 cities of India

New Delhi: 360 EDGE, the franchise network arm of 360 Realtors, ended the year on a high note, adding more than 25 franchises in the country. These franchises have been appointed all over India including but not limited to Gurgaon, Pune, Bangalore, Hyderabad, Noida, Faridabad etc. This is remarkable feat for a venture that has been formed just 6 months back. 360 EDGE has been incubated in June previous year, to build an asset-light and scalable franchise network of real estate advisories.

“In a time, when the COVID crisis has put the entire global economy into a tailspin, 360 EDGE was launched. Despite times being not so favorable marked by slump in business activities, we were assured of the long-term potential of the Indian real estate industry, as there remained a huge untapped market. 360 EDGE was formed to offer small business owners and individuals to build successful real estate transaction business and earn sustainable parallel income.” Quoted Mr. AnkitKansal, Founder & MD, 360 Realtors, and 360 Edge.

There are numerous benefits of getting associated with the franchise grid of 360 Realtors. Besides availing the credible brand name of 360 Realtors and the opportunity to sell projects from leading developers, one also get seamless access to cutting edge marketing, CRM, and technological resources of the parent company. This drastically reduces the CAPEX and OPEX for the franchises.

360 EDGE is also building an expansive training facility, under the flagship of 360 Realty Academy. The multi-faceted program is preparing a talented pool of real estate professionals by rendering training to individuals across a range of subjects such as real estate transactions, market intelligence, documentation & legal aspects of real estate, communication skills, etc. So far 110 number of individuals have been trained by 360 Realty Academy that leverages a blend of online classroom training, offline classes, and on-job training.

“Indian real estate is set for momentous growth in 2021, backed by a large population, an unprecedented rise in urbanization, and a very attractive demographic dividend. COVID has once again reinforced the need amongst Indian households to own a home of their own. Amidst such attractive times, building a tech-enabled and asset-light franchise model can offer a tremendous opportunity to the budding entrepreneurs in the country. By focusing purely on transactions and not worrying about capital and operational expenses, entrepreneurs can register attractive profits” Quoted Mr. SahilKapoor, National Head, 360 EDGE.

About 360Edge

360 EDGE Franchise Office has a team of like-minded, entrepreneurial, and trained Business Associates who work on a commission-sharing model. The business associates work full-time with the Franchise Owner & pay an Annual fee to get associated with the Franchise office. This business model is both scalable & Asset-Light which allows easy expansion of unlimited growth. It creates a win-win situation and an apt and interdependent working environment for all the stakeholders involved.

The franchise will also get to use the credible brand name of 360 Realtors, which will help in easy brand credibility & brand recall. In the capacity of a franchise, one would be able to market and sell projects from around 400+ Grade-A developers, with whom 360 Realtors has tie-ups. As 360 Realtors enjoys a high commission on sales, the same will be passed on to the franchise, which will be instrumental in multiplying their income. 360 Edge will also offer timely payment of brokerage, with the help of their MOUs with developers.

How Franchise based Asset Light Brokerage Models can Redefine Indian Real Estate

New Delhi, August 18, 2020: Propelled by a large population, a rapid & consistent rise in urbanization & a boom in the middle-income households with higher disposable income, there is large aggregate demand for real estate properties. In addition, other macroeconomic factors such as a reduction in home loan rates, correction in the value of rupee, attractive payment plans by developers to lure homebuyers & flight towards more income-generating hard assets such as Real estate are further driving the market infusing it with strong momentum.

However, an Achilles’ heels of Indian Real Estate is that it still remains highly unorganized with a large number of transactions taking place through individual brokers alongside small & mid-sized enterprises. Although small brokers have a strong footing in their local markets, their unstructured nature, institutional support deficiency & poor technological infrastructure is inhibiting their profitability. In a post-COVID world, when the role of technology and digital marketing will further rise exponentially, a lack of such resources might be detrimental to overall growth.

A viable solution to reverse the scenario lies in building asset-light franchise models that are underpinned on symbiotic sharing of resources & market know-how, credible institutional support, regularly qualified lead flows and prudent profit sharing between the franchisee and the parent company. Leveraging the infrastructure of the parent company, franchisees can successfully build asset-light businesses & grow fast without incurring high capital & operational expenses.

To grab the opportunity in the current market and grow, one requires a more sophisticated approach. From a broker, one has to transform into a sophisticated consultant. These consultants are professionally trained to be more service-oriented & customer-centric.

Similarly, they have to work in a networked fashion in an organized setup to step up their game and attain higher profitability.

“To bring about a well-rounded & effective approach towards building higher profit margins for brokers, 360 Realtors, one of India’s largest Institutional Channel Partners (ICP), launched 360 EDGE Franchise, a one-stop-realty hub where customers can Buy and Invest in both Residential/ Commercial real estate projects across 20 cities of India.” Quoted Mr. Ankit Kansal, Founder & MD, 360 Realtors.

As a part of the partnership, brokers partnering with 360 Edge gain access to business blueprints & strategies to revamp their business models & leapfrog towards a steeper profit trajectory.

The 360 Edge Franchise comprises of a team of like-minded, entrepreneurial and trained Business Associates who work on a commission-sharing model. These business associates work full-time with the Franchise Owner & pay an Annual fee to get associated with the Franchise office. This business model is both scalable asset-light which allows easy expansion of unlimited growth. It creates a win-win situation and an apt and interdependent working environment for all the stakeholders involved.

Shining more light on how 360 Edge will transform the Real Estate brokerage space, Mr. Sahil Kapoor, National Head – 360 Edge said, “The franchise will get to use the credible brand name of 360 Realtors, which will help in easy brand credibility & brand recall. In the capacity of a franchise, one would be able to market and sell projects from around numerous Grade-A developers, with whom 360 Realtors has tie-ups. Also, in the post-COVID world, digital channels will be instrumental in driving marketing. 360 Realtors has invested heavily in developing cutting-edge technology and digital capabilities, which can be leveraged by franchises owners. Backed by 360 quality leads, franchises can generate more business.”