It’s not easy discerning what customers want, especially when it comes to selling them a house. It’s easy to impress them with expansive spaces, expensive fittings, and manicured lawns. But to understand the pulse of the customer and keep them happy is not given to everyone. In the last few years, developers have turned to building luxury and uber-luxury homes thinking that’s where demand will come from and, more often than not, find themselves laden with inventory. This is where Ramky Estates has not erred. M Nanda Kishore, MD, has worked intelligently by working closely with customers to understand deeply the needs of the buyers and adhering to the requirements before venturing into a new project. And this has worked well for the company.
All cities are built differently. In India, what will work in a Tier-I city might not be acceptable in a Tier-2 city. While most cities are cosmopolitan now, a large number of buyers in smaller cities are still locals who want the amenities they are used to and one that adheres to their tastes. Nanda Kishore says, “We are thorough with our market research before embarking on a new project. Over the years, we have realised the importance of due diligence and talking to our customers – including men, women and children – to understand from them their preferences. Only then does the project get into design, which also contain the inputs received from customers.”
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
INFRA COMPANIES
In a significant move to alleviate traffic congestion and enhance connectivity, the Mumbai Metropolitan Region Development Authority (MMRDA) appointed contractors for key road infrastructure projects in Mumbai and Thane.
Global standards
Glass Wall Systems has been revolutionising the facade industry
STRIKING THE PERFECT CHORD
The 14th Construction Week Awards was an evening to remember with 1 industry turning up in full strength
REAL ESTATE
For the past six years, we have resorted to ranking Top 100 real estate and infra companies.
THE DYNAMICS PROPELLING REAL ESTATE GROWTH IN KEY CITIES
Dr Gautam Kanodia, founder, KREEVA, co-founder, Kanodia Group, explains the trends
DESIGN PAR EXCELLENCE
Design International has been at the forefront of retail-led design for 60 years. Staying sustainable and contemporary is their mainstay
dormakaba EXPANDS ITS MARKET PRESENCE IN INDIA
dormakaba expands its presence in India with the opening of a new Customer Experience Center in New Delhi, joining its existing centers in Mumbai and Bangalore. These hubs offer customers direct access to products, solutions, and on-site training.
GODREJ PROPERTIES ACQUIRES ITS 11TH NEW PROJECT; TAKES BOOKING VALUE TO RS 22,950 CRORE!
Will develop a group housing plot at Golf Course Road in Gurugram
SIGNATURE GLOBAL AWARDS RS 1203 CRORE CONSTRUCTION CONTRACT TO CAPACIT'E
First phase comprises 2.1 million sq-ft
HOUSING SALES IN MAJOR CITIES DROP BY 11% IN Q3 2024, SURPASSING NEW PROPERTY LAUNCHES: ANAROCK GROUP
Six salient growth levers include urbanization, demographic shifts, digitalization, sustainability