Tag: Runwal

Business

Developer Associations consolidate under NAREDCO

Dec 21, 2021 by Gouri Achary 0 Comments #Abhay Chandak, #Developer Associations, #Dharmesh Chheda, #Ekta, #Harrish Kumar Jain, #K Raheja, #Lodha, #Nahar, #Narang Rajan Bandelkar, #NAREDCO, #Raunak, #Runwal, #Sandeep Runwal

In a big move, various real estate developer associations have come together under the aegis of NAREDCO. Two such bodies namely Brihanmumbai Developers Association (BDA) and Central Mumbai Developers Welfare Association (CMDWA) consolidate with NAREDCO Maharashtra.

National Real Estate Development Council (NAREDCO) a self-regulatory body formed under the aegis of the Ministry of Housing and Urban Affairs (MoHUA), Govt of India has opened its state chapter in November 2015 under the leadership of founder and first president Dr. Niranjan Hiranandani.

Commenting on the occasion, Sandeep Runwal, President, NAREDCO-Maharashtra and Managing Director, Runwal Group, said, “We welcome BDA and CMDWA, 2 very strong developers associations to the NAREDCO organisation. We are honoured by the current recognition that NAREDCO is receiving among the developers.”

Over 750 combined membership strength of both BDA & CMDWA largely consisting of developers who work under DCR 33-7, 33-5 & 33-9 on cessed and non-cessed buildings including MHADA and estate leasehold lands have come together with NAREDCO, the combined strength of NAREDCO Maharashtra would now be 4000+ Developers to create the strongest and the most trusted developers governing body in the MMR region.

Speaking on the collaboration, Founder and Vice President, BDA, Harrish Kumar Jain said, “We are extremely delighted to associate with the most trusted entity in the real estate fraternity. With the same zeal and confidence, we ensure to build a platform that would create a win-win situation for both developer bodies and the potential homebuyers across the state.”

CMDWA under its Founder President Dharmesh Chheda claims credit for obtaining various restraining orders from Bombay High Court to protect the interests of landlords and tenants in the matters of Heritage, Tenure on leasehold lands and also challenging the LUC matter pending in the Hon. Supreme Court and says that “coming under the aegis of NAREDCO will be highly fruitful for the redevelopment of dilapidated cessed buildings in particular”.

Rajan Bandelkar, National President, NAREDCO says “The United affiliation with NAREDCO and its newly appointed committee will take up issues affecting every developer like levy of GST on the redevelopment of tenant flats, Input Tax Credit in GST, MOFA, Environment, Streamlining issues at MCGM, Urban Development and Revenue Department, premium reduction, cluster redevelopment on MHADA and leasehold lands (ESTATE), Defence lands at Central level and help resolve them with a sense of fairness to make it a win-win for citizens, authorities/ govt and the small redevelopers.

In the year 2015, Prominent developers Hiranandani, K Raheja, Raunak, Ekta, Lodha, Nahar, Runwal, Narang etc came together to establish the State body of NAREDCO. Under the leadership of Dr. Niranjan Hiranandani as the founder and first president, it expanded well. Large corporate developers such as Godrej Properties, Tata Realty, L&T Realty, Mahindra Developers, Birla Estates, Raymond Realty, Piramal Realty, Peninsula Land, Sunteck etc also joined NAREDCO. Some of the Members who have annexed and endorsed their positions into the New NAREDCO Managing Committee recently are Mr. Sanjay Dutt, Tata Realty, Mr. Venkatesh G, Shapoorji Real Estate, Mr. Abhishek Kapoor, Purvankara Developers, Mr. Vallabh Sheth, Sheth Creators, Mr. Navin Makhija, Wadhwa Group, Mr. Jay Goenka, Dynamix Group, Mr. Kirti Kedia, Transcon Developers, Mr. Manoj Vishwakarma, Dotom Realty, & Mr. Manish Bathija, Paradise Group.

“The National Real Estate Development Council (Naredco) has always strived to be the collective force influencing and shaping the real estate industry. And by welcoming the other two developers’ association it has proven to be an uninvolved and effortless entity,” says Abhay Chandak, Secretary, NAREDCO Maharashtra.

NAREDCO is the pavement to advocate the developing standards for efficient, effective, and ethical real estate business practices, valued by all stakeholders’ sector. It also works to create a sustainable environment conducive to the growth of the industry and government alike through advisory and consultative processes. Naredco shall continue to promote excellence and high standards of operations based on just and equitable principles in transactions relating to various operations of real estate business including building, construction, and marketing. Also, to encourage the co-operation among all enterprises dealing with and engaged in various aspects of real estate development.

Business

Runwal launches the first of a kind ‘Runwal Stories’ – Initiated by Saurabh Runwal

Sep 20, 2021 by Rekha Nair 0 Comments #Associate Director, #Mr. Saurabh Runwal, #Runwal

Mumbai: Runwal launches a unique feature in their mobile version of the website to bridge the gap between the brand and the end user. The special story-like feature adds to the list of exceptional deliveries by the group to enhance the customer experience. This will enable users on the website to watch highlights in the current trend of story format. For the first time, any developer has introduced a unique feature on their website.

Currently due to the rise of digital interface, users nowadays are more inclined towards their phones, thus the developers need to start accepting the rapid digitalization that comes along with the buying trends. As a developer, giving hands-on experience of the offers on the projects and current communication that the brand has to offer on a direct platform like this is a digital milestone achieved by the company. In the stories section on Runwal.com the buyers will be able to check out the latest communication, offerings, and project details with one tap.

With this feature, Runwal ensures that the safety and ease of its valuable customers are not hampered. They can conveniently sit at homes and take a glimpse of Runwal highlights filled with essential information regarding projects and offerings. As,postCovid-19 pandemic and a year-long lockdown, people were forced to confine at home shifting the market to massive digitalization. The launch of Runwal highlights on the Runwal.com website is taking the digital developments of real estate markets a notch up.

Commenting on the launch, Mr. Saurabh Runwal, Associate Director, Runwal said, “We are very excited for the response of the users once the feature is active on the website. This is one-of-its-kind and has never been used before, a feature for which all the respective teams have worked really hard. We hope for an enhanced user experience that shall be accepted well in the customer-centric market. Tech-enabled solutions have changed the current landscape of the real estate market and developers’ vision for their business. We have a strong proven track record of delivering on-time beautiful homes with state-of-the-art amenities across all our projects. With the launch of the Runwal stories highlight feature on our website, we are stepping ahead to reach our customers in a smart, unique, and convenient way possible.”

With the economy grasping its pace, real estate developers are exploring digital advancements to deal with businesses’ slowdown. From patched-up online market space to AR/VR webpage visits, everything is currently being utilized to overcome any barrier between the homebuyers and the developers. Despite the fact that various digital technologies have been making waves for many years, they have risen to prominence in the aftermath of the pandemic. The alternative of virtual site visits was at first saved for NRI clients however presently is the new usual for the whole client base. These ‘Phygital’ developments will define the future that the real estate sector bears.