Luxe home buyers get 'exclusive' access
Business Standard|June 11, 2024
With the rise of ultra-luxury housing in India comes ultracustomised marketing.
RAGHAV AGGARWAL
Luxe home buyers get 'exclusive' access

Developers selling high-end homes, priced above ₹20 crore, are moving away from traditional marketing for these homes to newer methods, such as painstaking profiling of customers before showing them the property, augmented reality for visualisation of interior decor, virtual tours, and closeddoor international shows.

There is also marketing through online ads, social media influencers, and exclusive memberships.

Prestige Group, a leading real estate developer, is targeting ultra-luxury buyers using the "by appointment” method.

"There is profiling of a client done before showcasing an entire product to them. It's not that a show-and-tell is done for every customer who walks in. It is by appointment," said Anand Ramachandran, senior vice president of business expansion at Prestige. "We receive a certain profile, we evaluate it and then an appointment is set with a client based on the profile."

Bu hikaye Business Standard dergisinin June 11, 2024 sayısından alınmıştır.

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

Bu hikaye Business Standard dergisinin June 11, 2024 sayısından alınmıştır.

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

BUSINESS STANDARD DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Rahul takes 'not Hindus' jibe at BJP in Parliament
Business Standard

Rahul takes 'not Hindus' jibe at BJP in Parliament

Apart from the PM, at least 5 cabinet ministers interjected during his speech

time-read
2 dak  |
July 02, 2024
Business Standard

CIL output up 8% in Q1

National miner Coal India continue till Oct Limited (CIL) posted 8 per cent growth in coal production during the first quarter of the current financial year (FY25).

time-read
1 min  |
July 02, 2024
Banks step up CD issuance in June
Business Standard

Banks step up CD issuance in June

Mobilise ₹1.45 trillion to strengthen balance sheets, up 76% from May

time-read
1 min  |
July 02, 2024
Manufacturing PMI rose to 58.3 in June
Business Standard

Manufacturing PMI rose to 58.3 in June

Growth in the Indian manufacturing sector recovered some of the ground lost in May, as the headline Purchasing Managers Index (PMI) figure released by HSBC on Monday rose to 58.3 from 57.5 in May.

time-read
1 min  |
July 02, 2024
UPI transactions see marginal dip after record highs in May
Business Standard

UPI transactions see marginal dip after record highs in May

Unified Payments Interface (UPI) transactions saw a marginal dip of 1 per cent in volume and 2 per cent in value in the month of June when compared to May, when it had smashed all the previous records by processing 14.04 billion transactions worth 20.45 trillion.

time-read
1 min  |
July 02, 2024
Share of Russian oil imports rebounds from January lows
Business Standard

Share of Russian oil imports rebounds from January lows

Despite Western sanctions, which started escalating since last October on Russian ships and insurance companies, the share of Russian crude oil in India's oil import basket has increased.

time-read
2 dak  |
July 02, 2024
'Don't want to play the price game'
Business Standard

'Don't want to play the price game'

Aditya Birla Health Insurance (ABHI)'s focus on retail segment, strong renewable book and innovative products will help in the health insurer's aim to achieve full year profitability by the next financial year (FY26). MAYANK BATHWAL, CEO of the firm, discussed the premium growth and product launches that will support the growth along with the impact of regulatory developments in a virtual interview with Aathira Varier. Edited Excerpts.

time-read
2 dak  |
July 02, 2024
Business Standard

Shipping chaos may continue till demand moderates

In the last few weeks, the ocean freight rates for exporters have doubled or even trebled for certain destinations in the Gulf, Europe, and North America.

time-read
2 dak  |
July 02, 2024
Business Standard

RBI, 4 Asean nations tie up for cross-border payments platform

The Reserve Bank of India (RBI) has joined hands with the Bank for International Settlements (BIS) and central banks of four Asean (Association of Southeast Asian Nations) countries to collaborate on Pro Nexus a multilat eral international initiative to enable retail cross-border payments.

time-read
1 min  |
July 02, 2024
Business Standard

UCB credit profile improves in H2FY24

The financial and asset quality profiles of Urban Cooperative Banks (UCBs) improved further with gross non-performing assets (NPAs) declining to 8.8 per cent at the end of March 2024 from 10.9 per cent in September 2023.

time-read
1 min  |
July 02, 2024