The 10 Most Admired Real Estate Tycoons
The real estate sector is a critical driver of India’s economic growth. The sector has been sailing in turbulent waters over the past few years with lot of challenges. To analyze how various challenges are tackled by the individual companies, Insights Success has introduced the top real estate developers across major cities in India to analyze the most successful real estate firms.
The real estate sector is a critical driver of India’s economic growth. The sector has been sailing in turbulent waters over the past few years with lot of challenges. To analyze how various challenges are tackled by the individual companies, Insights Success has introduced the top real estate developers across major cities in India to analyze the most successful real estate firms.
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“<strong>Real</strong> estate market is changing drastically and it is very important to understand<br />
the change of the market and mould accordingly to stay ahead in the competitive business”<br />
their immense contribution to the company to help it reach<br />
the zenith of success.<br />
A Civil Engineer by qualification, Rajnikant Ajmera is<br />
currently holding the chair of Ajmera. He is the Chairman<br />
& Managing Director of the Ajmera group of companies<br />
and the mainstay behind the growth of the brand. Trailing<br />
on the same path of the Founder Chairman, Late Shri<br />
Chhotubhai Ajmera, a large number of housing colonies<br />
have been successfully completed under Rajnikanth's eagle<br />
eye, in the shortest possible time. <strong>The</strong> group has also<br />
attained ISO 9000-2000 certification. He served as the<br />
President of MCHI (Maharashtra Chamber of Housing<br />
Industry) and has also served CREDAI (Confederation of<br />
<strong>Real</strong> <strong>Estate</strong> Developers Associations of India) as their<br />
President and Vice-President. During his tenure, he was<br />
very active in bringing the amendments to various rules<br />
governing this industry. After diversifying in Steel Industry,<br />
he served CORSMA (Cold Rolled Steel Manufacturers<br />
Association of India) as their President for many years.<br />
Alacrity to Stay Ahead<br />
<strong>The</strong> company’s vision is to be the most preferred and<br />
trusted name in the industry that enhances the quality of life<br />
through sustainable growth of all the stakeholders.<br />
Rajnikant Ajmera adds, “Our Mission is to fulfill the<br />
growing aspiration of our customers, for which we create<br />
innovative and world-class complexes for every stratum of<br />
society. Our mission is to preserve affordability with a<br />
superior outcome which is aligned with our motto of 'less is<br />
more'.”<br />
<strong>The</strong> Voyage of Triumph in a Favorable Socio-economic<br />
Vagary<br />
<strong>The</strong> real estate market has changed a lot in the last 2-3<br />
years. <strong>The</strong> main reason that could be attributed to the<br />
change is the introduction of regulatory policies along with<br />
flagship government schemes like Pradhan Mantri Awas<br />
Yojana (PMAY) and other developments such as granting<br />
of infrastructure status to affordable housing and the<br />
implementation of the <strong>Real</strong> <strong>Estate</strong> (Regulation and<br />
Development) Act of 2016, or RERA can be considered as<br />
one of the biggest growth drivers for this industry.<br />
RERA especially has been a potent instrument in addressing<br />
some of the pertinent issues afflicting the sector. Amongst<br />
them, the impact is most visible in terms of completion and<br />
deliveries of projects. It is by which they have managed to<br />
increase consumer confidence making the fence sitters an<br />
active player in the market.<br />
Respecting the Sentiment<br />
Demand for real estate is driven solely by economic
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