Virtual fame, real gain
Business Standard|September 02, 2024
How home brokers are gaining internet celebrity as real estate influencers
RANJITA GANESAN
Virtual fame, real gain

There is a practised flamboyance about Ravi Kewalramani, a real estate broker, as he sweeps through rooms at a South Mumbai 2BHK, rattling off architectural features "10.5 feet height", "vintage granite tiles", "old-world balcony" - while an iPhone cameraman keeps pace.

No reality show deal yet, but his home tour videos have brought the 43-year-old stardom online. In the past four years, he has found 1.1 million Instagram followers, 920,000 YouTube subscribers, and dozens of HNI patrons. Kewalramani doesn't spend long on the apartment where we meet: It's a rental, going for ₹2.75 lakh per month. He is saving energy to show off outright sale properties, priced at ₹5 crore and up.

Robust demand for high-end homes among some in India, and equally robust curiosity among others about what these homes look like, has been allowing small brokers to hit impressive numbers as content creators. In 2023, Mumbai entered the world's top 10 luxury residential markets, according to Knight Frank India, and city homes costing more than ₹10 crore had their biggest half year of sales in 2024, per India Sotheby's International Realty. Besides, the fact that reliable information can be hard to come by in the still-murky sector means people are paying attention to real estate agents who are prominent.

Kewalramani started filming homes "for survival" when the pandemic threatened to put the brokerage out of business, editing the early slapdash videos on his own. Now his views across platforms exceed 300 million, though only about 10 per cent of the sales leads generated online convert to serious offline discussions.

This story is from the September 02, 2024 edition of Business Standard.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the September 02, 2024 edition of Business Standard.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM BUSINESS STANDARDView All
Business Standard

A singular life in plural India

In India today it is difficult to imagine a period of uninterrupted communal harmony, with reports of lynching, hate speech and bigotry surfacing with rising frequency.

time-read
3 mins  |
December 21, 2024
11 dead in fire after LPG tanker crashes into vehicles on Jaipur-Ajmer highway
Business Standard

11 dead in fire after LPG tanker crashes into vehicles on Jaipur-Ajmer highway

An LPG tanker collided with a truck on Friday, sparking a massive fireball that turned a stretch of the Jaipur-Ajmer highway into an inferno in which 11 people were killed and 37 vehicles engulfed in flames.

time-read
1 min  |
December 21, 2024
FMCG firms roll out tailored offerings for golden years
Business Standard

FMCG firms roll out tailored offerings for golden years

Affluent and health conscious, mature consumers are becoming selective about what they buy. Businesses are stepping up to meet their needs

time-read
2 mins  |
December 21, 2024
SPHERES OF INFLUENCE
Business Standard

SPHERES OF INFLUENCE

New districts are being announced more because of demands by influential groups than empirical studies, usually in the buildup to elections

time-read
4 mins  |
December 21, 2024
Accenture Q1 showing a shot in arm for IT stocks
Business Standard

Accenture Q1 showing a shot in arm for IT stocks

Strong US economy bodes well for Indian IT firms, say analysts

time-read
2 mins  |
December 21, 2024
Sun Pharma: Down, but not out
Business Standard

Sun Pharma: Down, but not out

Despite short-term blip, pharma major remains favourite among investors

time-read
3 mins  |
December 21, 2024
Business Standard

Mirae Asset MF's AUM crosses ₹2 trn mark

Mirae Asset Investment Managers (India) on Friday announced that its mutual fund (MF) assets under management (AUM) has crossed the ₹2 trillion mark on the back of 54 per cent compound annual growth rate (CAGR) in the past five years.

time-read
1 min  |
December 21, 2024
Business Standard

PIL in HC seeks action against Amfi for 'misleading' ads

A public interest litigation (PIL) has been filed in the Bombay High Court seeking directions to Securities and Exchange Board of India (Sebi) to revoke the permissions granted to mutual fund body Association of Mutual Funds in India (Amfi) for \"misleading\" and \"deceptive\" advertisement campaigns under the investor education and protection measures.

time-read
1 min  |
December 21, 2024
IPO frenzy: Six issues fully subscribed; IGI at 13% premium on listing day
Business Standard

IPO frenzy: Six issues fully subscribed; IGI at 13% premium on listing day

The initial public offerings (IPOs) of DAM Capital Advisors, Sanathan Textiles, Concord Enviro Systems, Mamata Machinery and Transrail Lighting, whose issues are on their penultimate day, were subscribed between 1.24 and 37.75 times.

time-read
1 min  |
December 21, 2024
Debt funds to deliver best show in 4 yrs
Business Standard

Debt funds to deliver best show in 4 yrs

Strong performance attributed to bond index inclusion and fiscal prudence, say experts

time-read
3 mins  |
December 21, 2024