Thane home prices to beat Mumbai, Crisis coming up in Mumbai Real Estate | Real Deal
Raunak Group: In today's podcast we have a builder who saw his annual revenues go from ₹30 crore to ₹1200 cr. And he made that not from selling in a market like Mumbai, Bangalore or Delhi.
Meet Shyamal Modi. An aspiring investment banker who got exported to the real estate world on the instructions of his father.
He talks about his journey beginning at Thane in the 2000's when the city was very different and undeveloped. He speaks about his Thane project that is in the record books for being the longest in India.
His view is that Thane home prices will soon beat Mumbai home prices.
He highlights his journey of pricing his Kalyan township at a almost a 100% premium to competition.
Shyamal speaks about being builders being able to say 'Sorry' when things go wrong.
Timestamps
00:00 Introduction
01:30 Kicked into joining father’s biz
04:52 Thane from INR 2200/sqft to INR 25,000/sqft
10:05 The biggest differentiation in Real Estate is Price
14:44 The irrelevance of brand ambassadors and influencers
17:46 Thane will overtake prices of Mumbai
20:30 Mumbai will have one Price
24:01 The INR 30 crore to INR 1200 crore story
26:15 Why I’ll not list on the stock exchange?
33:13 Builders think they are God
36:35 Price low, Sell Fast and Take Less Debt
39:07 The Coming Crisis In Mumbai Real Estate
46:15 Different types of builders
51:20 Different types of builders
54:54 Rapid fire
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Пікірлер: 25
Kindly improve the audio Vishal.
Thane lacks a well networked connectivity. The Metro is as good as at a standstill since the last few years & the traffic is a mess coz of the unfinished pillars / metro work. Roads have potholes & the traffic is badly managed. The only residential place thats well planned & which looks good is the Hiranandani Estate. Its a complete oasis with every amenity inside the complex
Thane? I think New Mumbai 's price will be a game changer in the upcoming 1-2 years.
Good to know more about Thane. There is traffic issue because of heavy trucks pass through city to go to Pune/Nashik and no alternative way like LBS... It takes 2-2.5 hours a side to reach GB Road resident to reach Dadar/Lower Parel/Andheri
We were staying at sion but after shifting to thane for job of my wife i found that life quality in thane is far good
After detailed research, please make video on Rs 5000 crore Dharavi redevelopment project. When it’s completion succeeds, in next 10-15 yrs, then will property prices of areas like Andheri Chandivali Powai appreciate? Some experts say 40-50 % from current levels by 2030-35 . Do you agree?
Thane is overrated. That's heart breaking 💔 but true. Take it or leave it.
Raunak city in Kalyan is very far but they have increased the property rate of that area per sqft is 10k or more.
great knowledge . thanks . an increase in the production quality will 3x the views easily , especially the audio
Overall Mumbai region has extremely poor infrastructure, extremely expensive housing, poor law & order situation, no safety and corrupt officials. Compare Mumbai to Tokyo, Singapore or Taipai Taiwan. Mumbai have nothing compared to these cities except high prices.
Great Insights. keep them coming
@vishalbhargava5400
6 ай бұрын
Thanks
thane prices to beat mumbai and Thane people commenting with accolades here.. lol
Real estate sales has dipped in Mumbai,Navi Mumbai and Thane.
@praveenjohn8365
11 күн бұрын
Supply has increased,and the demand has decreased
@praveenjohn8365
11 күн бұрын
They increase the price just to attract invester as they commit 10 to 15 % on investment
Superb Sir, you always rock 👏👏
What better road connectivity
Thane is no way better than Navi Mumbai or even mumbai , and I am born brought up in thane Navi Mumbai is the cleanest large city in India with wide open spaces
Shitty audio as always
Sir can i get 550sq ft in Thane at 45 lacs
Every thing given easily in life on a Gujrati Thali...boss you do it your self and next time will give like to you ..bragging on what your father did not achievement