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RE/MAX Realty Review September, 2015

From the Chairman’s desk

I was reading an interview of Dave Liniger and

came across this statement of his - “It is vital

to learn what top associates are doing to

evolve and grow in spite of the challenges in

the market and it’s precisely this attitude

which will set you apart from others”. RE/MAX

is a network that has always welcomed

sharing of learning’s and best practices that

has helped them achieve higher transaction

levels, sales volume, listings and thus more

income. To all my Affiliate’s I just have one

message, I understand that it is a challenging

time for Real Estate everywhere, but you have

with you a network strength to gain

confidence from the experiences of your

fellow associates. Confidence will only come

after experience and my team and I are

working towards providing you with all that

experience and support to make you

successful at all the levels. In the month of

September, Saloni and I visited the regions of

RE/MAX Turkey and RE/MAX Portugal and

have gained some good insights on making

our operations more profitable. We will be

discussing it with all the Regional Owners and

implement the same to make it a win- win

situation for all!

Another proud achievement for all of us has

been completion of 5 Years of Affiliation of

Vivek Parikh, Broker Owner, RE/MAX Metro.

Vivek has been a STAR affiliate throughout his

journey with RE/MAX and when I look back at

his journey with us, I personally feel

very proud seeing how he has grown and

evolved as an entrepreneur. I would like to

wish him all the very best for our further

years of association and I am sure that his

dedication and efforts will make him do

wonders in all his entrepreneurial ventures.

My team and CFO Connect have been in

discussion all this time and have finalized a

lot of new strategies for all our stakeholders.

We will be implementing them post our

discussions with all our Regional Owners.

We have also expanded our team that is

working towards increasing your network all

over the country and I would like to use this

platform for welcoming the new team

members and wish them good luck for their

journey with RE/MAX.

I want to assure you all that RE/MAX will

continue to grow more aggressively and

build long term value for all its stakeholders.

I would like to thank all our customers,

shareholders and business associates for

their encouragement and support. In

closing, I would like to you wish all of you

and your loved ones a happy festive season

ahead.

Keep growing & stay motivated!

Cheers!

Sam Chopra

Content: __________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

1) From the Chairman’s Desk 2) From the Vice Chairman’s Desk 3) Events to Look Forward to

4) News from RE/MAX India 5) Sales Snapshot 6) News from RARE

7) Look who is in Spotlight this time 8) Happy Hours 9) Press Buzz

10) News from Regions 11) RE/MAX Anniversaries 12) ) News from RE/MAX LLC

13) Heroes of the month 14) Top Listings 15) Realty Bytes

16) RE/MAX India welcome its New Broker Owners 17) RE/MAX India welcome its New Broker

Associates


www.remax.in or Call us at +91 9654965001

From the Vice Chairman’s desk

While I was going through the Newsletter this time, I

saw this new section “HAPPY HOURS” that my team

has introduced to explore what happens beyond the

working hours of our Broker Offices. “A team that

laughs together can work together” and I was very

happy to see this fun side of some of our Broker

Offices and I would like to thank them for sharing it

ahead with us. RE/MAX is a family and looking at

these candid moments, I can feel how all our

Associates work together as one FAMILY!

Some of our regions had a power packed month

which included RE/MAX Gujarat conducting a very

well attended “Seminar on Entrepreneurship” along

with on-going training sessions for their Associates,

the team of RE/MAX Punjab becoming the exclusive

broker partners for the projects of GBP Builders and

their participation in their launch in Dubai and the

team of RE/MAX Southern Karnataka preparing for

their grand launch. The RE/MAX Academy of Real

Estate also had a house full of Affiliates from different

regions attending their respective training sessions

followed by the weekly webinars done by them. I am

hoping that these webinars are of value addition to all

of you and we are looking forward to having our

Affiliates take these webinars ahead by participating

as speakers in the same.

Let’s all work together by empowering each other

with our success mantras. My message for all of you

is “Keep Selling and Keep Mentoring … Together We

All Will Achieve More”.

In the month of September Sam and I visited the

regions of RE/MAX Portugal and RE/MAX Turkey,

and we would like to thank their Regional Owners

who didn’t only spend quality time sharing best

practices with us but also gave us some excellent

ideas that you all will see getting implemented in the

coming months.

At last, I would like to congratulate Sandeep

Pandya, Salim Ravani & Mabel Crasto for being the

Top Transactors and Anand Choksi for being the Top

Recruiter for the month of September. Also a very

warm welcome to all the new Broker Owners and

Broker Associates that have joined us in the month

of September and wish them a great journey with us.

We hope you find the September edition of the

RE/MAX Realty Review an interesting read!

Happy Selling & Recruiting!!!

Regards

Saloni Chopra

Events to look forward to in October!





News from RE/MAX India A network that believes in LEARNING, NETWORKING and FUN! Bringing back learning’s from the RE/MAX

Portugal Meet and a visit to RE/MAX Turkey

Fulfilling the honor of Jury Duty Meeting the Industry Stalwarts at the 7th Realty

Plus Conclave and Excellence Awards

Mr. Sam Chopra, Chairman RE/MAX India as one of the expert

jury member for the India International Property Awards, 2015

organized by ICC Pvt. Ltd. and Chromohomes Magazine.

Sahil Kapoor, Executive Director, RE/MAX India invited as a

panelist for the session on “Rebooting Property Demand –

Creating Consistent Demand in Today’s Market” along with Mr.

Santosh Kumar, CEO, JLL; Mr Rajat Baldhi, MD & CEO, Financial

Services; Mr Pradeep Seth,CEO,RPS Group and Mr Rajendra

Kumar, Founder & Principal Architect, Architect Rajendra Kumar

at the “7th Realty Plus Conclave and Excellence Awards”.



Sales Snapshot RE/MAX Gujarat

The team of RE/MAX Gujarat conducted another successful and very well attended “Seminar on Entrepreneurship” inviting their Broker

Owners and external speakers to the event. The seminar concluded by sharing the Business Opportunities with RE/MAX and was well

appreciated by all the attendees.

RE/MAX Punjab A, Punjab B and CMP RE/MAX Southern Karnataka

The regional team of RE/MAX Punjab and CMP team

collaborated with GBP Builders during their project launch in

Dubai. Meeting a good number of prospects for Franchise sales,

the region also did a good value addition to their Affiliates as

they are now the exclusive broker partners for the project.

Preparing for the grand launch of their region, the team of RE/MAX

Southern Karnataka has been making contact with a lot of

prospects in their region, sharing the business opportunities with

RE/MAX.



News from RARE

Setting the right base for the newly joined Affiliates!

A house full of Regional Owners, Broker Owners, Broker Associates and Franchise Sales Consultants from the regions of U. P. Central,

Central Andhra, Punjab, Mumbai and Delhi getting trained at the RE/MAX Academy of Real Estate in different batches of their respective

trainings!

To know more about the different trainings that RE/MAX conducts, reach us @7042698815

Training all our Affiliates through the “RE/MAX Sales Series” – Every Wednesday from 11:00 AM onwards!

*We are also open to the speaker opportunities for all of you in the coming webinars of the “Sales Series”. You can e-mail your name

along with the name of the topic and the supportive presentation at [email protected]. If we find the content and topic suitable for all the

attendees, we would approve it and assist you in hosting the webinar.



Look who is in SPOTLIGHT this time!



A quick glimpse of Vivek’s journey so far…

I always feel that Vivek is not only professional but is also hard working and willing to take an extra mile not only for his clients but all his

Associates. I feel very proud when I see how much he has evolved as a mentor to his team and I have always been impressed by his focus

on the business. He and his team have played a vital role in helping many people find their right home. Vivek is a true asset to RE/MAX

and I would never hesitate in referring and recommending him to anyone who is looking to start in Real Estate.

Sam Chopra, Founder and Chairman, RE/MAX India

It’s been five years to our Association with RE/MAX Metro and no wonder it has been a wonderful journey with Vivek and his team.

RE/MAX Metro has built up its name in providing the best service and customer satisfaction to all its clients. Every month through his

Newsletter we get a glimpse of what’s happening in his office and it’s a pleasure reading the way he and his associates have taken a lead

in anything and everything involved in Real Estate. Sam, I and the entire team are looking forward to more successful years of our

Association!

Saloni Chopra, Co- Founder and Vice Chairman, RE/MAX India

Vivek’s journey from a cricketer to a Real Estate Consultant has been exemplary and an inspiration to everyone who is not from Real

Estate background but wants to be in this field. Vivek has been one Associate who has been super active in dealing not only nationally but

internationally. He is one of the most recommended Broker Owner and his positive “can do” attitude makes him stand out of the crowd!

Sahil Kapoor, Executive Director, RE/MAX India

Vivek has been a very sincere businessman and has painstakingly build a team of quality agents who perform. Even though he entered

without any experience in this industry; he has outperformed well established brokers.

We are lucky to have him part of our team and are happy to see him continuing the relationship after 5 years.

Regional team of RE/MAX Gujarat

http://www.remax.in/OfficeProfile.aspx?OfficeID=505004



Let’s explore the fun side of our Broker Offices! “HAPPY HOURS”

RE/MAX Advantage RE/MAX Realty Solutions

Happy Hours @ RE/MAX Advantage - “Tough times don’t last but

tough teams do! Ours is one amongst that and believes in ‘Work

hard, Party Harder”

Happy Hours @RE/MAX Realty Solutions - The annual trips, team

dinners with complete family, good rounds of football, cricket and

so on… our team is just not #1 on OFF the field, but also ON the

field!

RE/MAX Realty Investmart

Happy Hours @RE/MAX Realty Investmart- RE/MAX Realty

Investmart has been a perfect example of how RE/MAX Women

Entrepreneurs shine!

RE/MAX Highrise Realty

Happy Hours @ RE/MAX Highrise Realty – From tea parties to

marathons to celebrations, the team believes in celebrating all the

events together!



Press Buzz

Sahil Kapoor, Executive Director, RE/MAX India sharing his views on what all parameters should the developers keep in mind while

catering to the needs of today's customers in the new show on India News, Ghar Ek Sapna

Channel: India News

LINK: https://www.youtube.com/watch?v=-MxlNlxEywY

Sahil Kapoor, Executive Director, RE/MAX India in discussion

with Zee Business addressing the issue - “Is Affordable Housing

Really Affordable?”

Channel: India News


With Affordable Housing being the one of the hot topic of

discussion these days, Zee Business interacted with Sahil Kapoor

to take his view points on the topic.

Channel: India News


https://www.youtube.com/watch?v=-MxlNlxEywY




https://www.youtube.com/watch?v=mR9ESHEk1vA

https://www.youtube.com/watch?v=S6Frad_gBV0



Exclusive story on Mr. Sam Chopra’s journey with RE/MAX and the initiatives taken by him in bringing change in the Real Estate sector

Publication: Realty Plus

Read on how a perfect blend of Fulfillment, Inventory and Technology will be a solution provider to the home buyers... All one needs is

superior technology and expertise in services!

Publication: Realty Plus



RE/MAX ties up with BroEX, the mobile based app connecting the Real Estate Broker network

Publication: The Tribune

Empowering the Real Estate Brokers by bringing them on a common platform – RE/MAX Ties up with BroEx.

Publication: Hindustan Times

Story on the affordable housing destinations in Delhi NCR

Publication: Mail Today

Press Buzz

PUBLICATION: Realty & More PUBLICATION: Realty &More

LINK: http:/ / www.realtynmore.com/ budget-expectations/


PUBLICATION: Deccan Herald – Better Homes & Interiors supplement, National Edition.

PUBLICATION: ET Realty - Real Estate news portal of the

Economic Times

LINK:http:/ / www.deccanherald.com/ content/ 457932/ get-home-not-house.html

LINK:http:/ / realty.economictimes.indiatimes.com/ news/ residential/ where-will-the-recovery-in-home-sales-start-from/ 46313564

Press Buzz






Economic Times



Press Buzz






Economic Times



Press Buzz






Economic Times





Expert quotes in an exclusive story on Real Estate scenario in

Faridabad


An expert quote on the slow housing sales in Delhi NCR

Publication: Mail Today

Expert quote on the impact on Real Estate market of Chandigarh

after the start of the Chandigarh airport


What all you should know if you planning to invest in Mumbai

Publication: Hindustan Times

Press Buzz






Economic Times



Press Buzz






Economic Times





Expert opinion on Raghuram Rajan’s statement on price cut to

stabilize the Real Estate sales

Publication: Financial Chronicle

Story on increasing women participation in making the final home

buying decision

Publication: Chromohomes Magazine

News from the Regions RE/MAX Delhi NCR

The month of September went very eventful for the Associates of RE/MAX Delhi NCR. From the newly joined Associates getting trained

at the RE/MAX Academy of Real Estate to them implementing their learning’s after training to Meena Yadav from RE/MAX Realty

Investmart completing global transactions to the team of RE/MAX Solution Specialists spending quality time with the Chairman of

RE/MAX, the month went action packed for RE/MAX Delhi NCR.

Press Buzz






Economic Times



Press Buzz






Economic Times





RE/MAX Gujarat

The month of September was of full of celebrations for the team of RE/MAX Gujarat as they celebrated the renewal one of their

first franchise RE/MAX Metro. In the month of September, in addition to having a great seminar on Entrepreneurship, the

region also conducted a special training for their Associates at their regional office.

RE/MAX MP-1

The region of RE/MAX MP 1 organized a special Referral meet for all their Associates in the month of September. In addition to it the

region remained very active in promoting RE/MAX through various marketing initiatives well promoted on their Facebook pages.

RE/MAX Anniversaries (May - June)

Name of the Region Broker Office Name Broker Owners Name Number of Years

North and South Gujarat RE/MAX Kunvarji Chirag Thakker 2 Years

Greater Vaishaka RE/MAX Grand Shashi Kumar Villuri 1 Year



News from RE/MAX LLC

Benefits All-in-one platform – You can now access both Global Training and the RE/MAX Global Referral

Exchange directly from a singular platform.

Multilingual functionality: Fully translated platform into 18 different languages to service the RE/MAX

network’s global reach of nearly 100 countries

Multiple communities: Within Global Training, private groups have been created on a regional level

as well as for both Regional & Broker Owners

http://www.resaas.com/

Heroes of the Month



Readers of the month - May – August Edition

September

#1 Debashis Majumdar

Regional Owner

RE/MAX West Bengal

#2 Sachin Upendra Trivedi

Broker Associate

RE/MAX Metro, RE/MAX Gujarat

#3 Piyush Jain

Asst. Regional Director

RE/MAX MP 1

Top Listors for the month of September

#2 Ila Pachuri

RE/MAX Realty Investmart

RE/MAX Delhi NCR

#2 Vikram Doogar

RE/MAX Realty Solutions

RE/MAX West Bengal

Top Transactors for the month of September

#1 Sandeep Pandya

RE/MAX Dreamz

RE/MAX Gujarat

#2 Salim Ravani

RE/MAX Advantage

RE/MAX Gujarat

#3 Mabel Crasto

RE/MAX Matrix

RE/MAX Mumbai

Top Recruiter for the month of September

#1 Anand Choksi

RE/MAX Advantage

RE/MAX Gujarat



Top Listings

Description: Fully Furnished Office on rent in Shapath-IV,

Prahladnagar, Area: 1905 Sq.Ft., Rent:1,00,000/. P.M.

Amenities like Power Back-up, Intercom Facility, Security /

Fire Alarm, Cafeteria / Food Court, Fitness Centre / GYMetc.

Broker Associate: Sandeep Pandya

Broker Office: RE/MAX Dreamz

Region: RE/MAX Gujarat

http://www.remax.in/505034006-259

Description: The Pinnacle offers spacious four-bedroom luxury

apartments with a provision for two servant rooms per apartment

within a covered area of 3,868 square feet. Located close to DLF

Golf and Country Club,

Broker Associate: Shantanu Malik

Broker Office: RE/MAX 1st Choice Realty

Region: RE/MAX Delhi NCR


Description: 2bhk falt for sale in lodha palava mumbai. With

facilities like parking , Air Conditioning, Storage Room and is

Near Highway

Broker Associate: Nisreen Hamid

Broker Office: RE/MAX Estates

Region: RE/MAX Mumbai


Description: 3 BHk Flat on Rent Indraprasth 5 Nr. Auda

Garden, B/h. Flavour Restaurant,

Nr. Surdhara-2 Bungalows, Prahlad Nagar, Satellite,

Ahmedabad

Broker Associate: Jigar Pandya

Broker Office: RE/MAX Corporate Services

Region: RE/MAX Gujarat




Realty Bytes Realty industry hails rate cut by RBI

Decisive interest rate cuts by banks were just the spark the real

estate market was waiting for. Realtors are cheering the actions

of lenders such as State Bank of India, Housing Development

Finance Co and ICICI Bank, which have shed their reluctance to

pass on the Reserve Bank of India's past rate cuts to

customers.

The rate reductions, varying from 15 basis points (bps) to 35

bps, can fuel the realty demand already being stoked by the

government's smart cities, affordable housing and Digital India

programmes that focus on reducing the population inflows into

cities which are bursting at the seams. A basis point is 0.01

percentage point.

State Bank of India is now offering home loans at 9.55 per

cent, while HDFC, which cut its lending rate on Monday, is

offering them at 9.65 per cent a year. Women borrowers get

loans at 5 bps lower rate. ICICI BankBSE -1.41 also followed its

peers and lowered lending rates on Tuesday to 9.65 per cent a

year for loans up to Rs 5 crore for salaried professionals; for

women borrowers, loans will be 5 bps cheaper.

"This is the trigger the market has been eagerly waiting for. We

have already started seeing fresh interest from buyers," said

Sandeep Ahuja, chief executive of Mumbai-based Richa

Realtors. "Many realtors in Mumbai have started rationalising

prices. Companies that understand the right price and right

location will see growth momentum.

Real estate industry has been hobbled for a few years now by poor

demand due to unaffordable prices. Also, the Reserve Bank of

India's high rate policy to counter inflation had prevented people

from buying properties. Now, with it cutting policy rates by 50 bps

last month, taking the total to 125 bps since January, the market is

looking up. "The various measures of the government like 'smart

city', Digital India, 'housing for all', along with revival in investment

and consumption demand, will create a favourable platform for the

real estate sector to grow," said Corporation Bank chairman and

managing director SR Bansal.

Prior to this, the mood in the industry was despondent. While sales

volume dropped by 19 per cent in H1 2015 compared to H1 2014,

new launches fell by a whopping 45 per cent during the period, real

estate consultants Knight Frank said in a report on India real estate

covering the period from January to June. Real estate sector

contributes 6-7 per cent to GDP and any movement is going to help

the entire economy, especially the cement, iron and steel sectors

and the job market.

LINK: http://economictimes.indiatimes.com/industry/banking/finance/finance/cheaper-homes-soon-a-reality-as-icici-joins-sbi-hdfc-in-cutting-rates/articleshow/49250525.cms

Realty industry hails rate cut by RBI

Kochi is followed by Nashik at 2 and Vadodara at 4, both from

western India. Regionally, south is at the top, followed by west

and central India. Just like their bigger counterparts, southern

tier II cities have also outperformed their northern peers as top

residential real estate destinations, with Kochi grabbing the top

spot, according to a new report by property research firm Prop

Equity.

"Much like tier I cities, northern tier II cities are also marred by

project delays, expensive properties and a demand and supply

mismatch," said Samir Jasuja, managing director and founder,

PropEquity, adding, "Southern India has traditionally been an

end users market, which has kept its property prices in check and

relatively affordable."

All other five southern tier II cities surveyed - Vishakapatnam (rank 3),

Thiruvananthapuram (5), Mangalore (7), Goa (9) and Coimbatore (10)

- featured in the top 10 cities, while only one city from the north -

Jaipur (6) - managed to be in the top 10. The bottom four cities were

all north Indian cities - of Agra, Lucknow, Bhiwadi and Mohali. Kochi

is followed by Nashik at 2 and Vadodara at 4, both from western

India. Regionally, south is at the top, followed by west and central

India.

Despite a significant slowdown in the sector across India over the last

two years, from March 2013 to March 2015 the launch prices have

continued to rise unabated for most tier II cities. The maximum

increase was witnessed in Bhopal, with a compounded annual price

rise (CAPR) of 23, followed by Jaipur at 20. Mohali , Agra , and Goa

were the only cities that witnessed fall in property launch prices.

RE/MAX India Welcomes its New Broker Owners - September

RE/MAX India Welcomes its New Broker Associates - September



In terms of market size, Vadodara has clearly emerged as the

leader among tier II cities with Rs 4,300 crore worth of annual

residential sales, while Jaipur and Bhiwadi stand neck to neck

with sales worth Rs 3,000 crore each.

All top tier II cities, except Dehradun, Visakhapatnam, Goa, and

Trivandrum, witnessed a decline in their market size with the

weighted average decline of 20 over the last year due to the

overall slowdown in the real estate market.

While the growth prospects in many tier I cities have saturated,

smaller cities may become the next frontier for development, in light

of the promised latent growth, and upcoming infrastructure initiatives

such as smart city development. "The potential for growth in real

estate in tier II cities can no longer be ignored by investors and end

users," said Jasuja.

LINK: http://realty.economictimes.indiatimes.com/news/residential/south-outperforms-north-as-top-tier-ii-residential-realty-destination-kochi-grabs-top-spot/48987374

RE/MAX India Welcomes its New Broker Owners - September

Name of the Region Broker Office Name Associate Name

RE/MAX Gujarat RE/MAX Property Clinic Plus Vishal Dave

RE/MAX Gujarat RE/MAX Property Clinic Plus Pinal Kumar nayak

RE/MAX Telangana RE/MAX Realty Services Sandeep Thumiki

RE/MAX Central Andhra RE/MAX Properties Plus Rajesh Gaddipati

RE/MAX West Hyderabad RE/MAX Realty Services Anil Kumar Singh

RE/MAX North Gujarat RE/MAX Corporate Services Ajay Thakur

RE/MAX Delhi NCR RE/MAX Highrise Realty Ravinder Bhardwaj

RE/MAX Gujarat RE/MAX Corporate Services Tarang R Jethva

RE/MAX Rest of Tamil Nadu RE/MAX Appu Real Estate Kanniah Kandasamy Pillai

RE/MAX Rest of Tamil Nadu RE/MAX First Choice V Sreenivasa

RE/MAX Mumbai RE/MAX Sun REALTORS Suresh Makhija

RE/MAX Gujarat RE/MAX Advantage Hema Joshi

RE/MAX Gujarat RE/MAX Advantage Aakash Desai

RE/MAX Gujarat RE/MAX Propert Clinic Plus Ashish Joshi

Region Name Office Name Associate Name

RE/MAX Rest of Tamil Nadu RE/MAX First Choice Venkatachalapathy .P

RE/MAX Rest of Tamil Nadu RE/MAX Aares Properties Raj Kumar

RE/MAX Uttar Pradesh – Central RE/MAX Genesis Realty Saurabh Saxena

RE/MAX Mumbai RE/MAX Properties Sandeep Didwania

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