Physical Retail to Become Phygital by 2023: Hitesh Bhatt, RAI

Dr Hitesh Bhatt

Dr. Hitesh Bhatt, Director – Marketing and Communication & Editorial Director – STOrai – Retail Magazine By The Industry For The Industry, Retail Association of India, speaks about how India’s retail business transformation is possible due to various factors, how technology has become a base for explosive retail growth and challenges experienced by Retail businesses and possible solutions. Excerpts…

India is on the threshold of retail revolution. Can you explain the growth factors responsible for such an outlook?

India is indeed on the threshold of retail revolution. Retail has been not just growing at a fast pace in India but has been undergoing tremendous transformation. As per an RAI – Deloitte report, The Indian retail industry is expected to grow to USD 1.1 trillion by 2020, registering a CAGR of 8.79% between 2000 and 2020.

There are various factors that are driving this growth. One of the biggest is the consumer: rising disposable incomes, rise of nuclear families has increased consumption. Moreover, the Indian consumer who has become digitally savvy and exposed to international lifestyles is buying more through all retail channels. The other very important factor is policy environment. There have been considerable positive changes from both central and state governments to facilitate ease of doing business and encourage retail growth. Some of them include: GST, furthering opening up of FDI in retail and several state-level retail trade policies.

The third and important factor is Technology that is at the base of all, it is accelerating the pace of growth and enabling transformation.

Post demonetization and GST, how do you see their impacts on retail businesses?

GST has been one of the most transformative steps by the Government in the recent years towards facilitating the promised ease of business. Retailers tell us that it has made life easier for them.

GST as well as demonetization have played an extremely important role in formalization of the economy.

Retail developments are majorly concentrating in Tier-II and Tier-III cities. Your take on this trend.

Tier-II and Tier-III cities are where real changes are happening as this is where aspirational India lives. The metros are all saturated. Tier-II and Tier-III towns are also rapidly adapting digital technology. The new business models such as ecommerce and mobile based e-tailing are increasingly becoming popular in India across tier I, II and III cities. The aspirational segment in the Tier II & III cities has shown a high desirability to keep up-to-date with the latest trends in style and fashionable merchandise. The trend was expected and will accelerate in the coming years.

With global giants fiercely vying for Indian e-commerce space and customers increasingly opting for online shopping, what is your forecast for Physical Retailing by 2023?

Physical retail isn’t going anywhere, though it will not be the same as it is today. Physical retail of 2023 will actually be Phygital retail. Stores will not be places to shop but centres of experience driven by technology such as IoT, Artificial Intelligence, Virtual and Augmented Reality.

According to you, what are the challenges faced by retail businesses? Your suggestions for possible solution.

The biggest challenge for retail is that despite being the second largest contributor to GDP, it has still not received industry recognition. This has lead to challenges like difficulty in access to funds to Indian retailers. While we get foreign retailers to India, we should also focus on making Indian retail brands worthy of going international. That is only possible when they have easy access to funds. Also there should be a level-playing field for players across formats and channels of retail.

Original interview article published in JusTransact.com

Retail and Warehousing Attract More Investments from PE Funds: Anuj Puri

Anuj Puri

Anuj Puri, Chairman and Country Head of JLL India, a leading market research analyst, speaks about the growth of Indian retail, logistics and warehousing sectors, investment scenario and impacts of government’s policies on the sectors in 2016. Excerpts…

• What are investment options Retail, warehousing and logistics sector offer to Overseas and PE funds in India?

Anuj Puri: Apart from the favourite asset classes of office and residential, private equity (PE) has been taking increased interest in warehousing, logistics and retail real estate. PE investors and overseas developers are already looking at opportunities to enter India’s industrial and warehousing sector by investing in various development projects.

Investors from other nations, in general, and Asian countries such as China, Japan and Korea, in particular, have shown a lot of interest industrial development projects. A few key announcements that show their increasing interest are: 

·      

•    ‘    Wanda Industrial New City’; Dalian Wanda Group
• ·         Industrial Parks by China Fortune Land Development Company Private (CFLD)
• ·         Development of smart cities by ZTE Corporation
• ·         Neemrana Japanese investment zone
• ·         Mandal Becharaji, Japanese investment zone
• ·         SUPA, Japanese investment zone
• ·         Chinese industrial zone in Vadodara
• ·         Ascendas-Singbridge exploring multiple portfolios of industrial and logistics parks across India.

• What will be the impact on logistics and warehousing sectors when GST becomes a reality?

Anuj Puri: With the implementation of Goods and Service Tax (GST), warehousing and logistics’ spaces will start to see a consolidation of assets. Unlike earlier (small assets in various states), developers will focus on the development of large-scale, technologically advanced warehouses. 

Such assets will attract private equity (PE) investors, since they can deploy a larger amount in fewer assets, making monitoring easier. If they perform well, such assets can even fetch a better valuation when monetising through REITs or other ways.

• How do you find the demand for commercial retail assets in 2016?

Anuj Puri: In the past few months, key leasehold retail assets across the country have come on the PE radar. A few reasons include well-managed Grade-A malls starting to enjoy better occupancy with rent escalation on the cards, after a lull of six to seven years. Such well-managed assets/ entities will attract investor focus.

A few key deals seen in 2016 were:

• ·         GIC bought a 50% stake in Viviana Mall of Sheth Developers in Mumbai
• ·         Blackstone acquired the retail portfolio of Alpha G Corp through an entity level deal
• ·         Blackstone has progressed well in acquiring a stake in the retail assets of L&T in Navi Mumbai
• ·         Blackstone buying 50% stake in Pune’s Westend Mall

• What are the impacts of Government’s recent regulations on retail sector?

Anuj Puri: Leasehold retail property usually has a higher probability of success as the developer is actively involved in the key functions of mall management, especially tenant management. Various new regulations like easing foreign investment for single-brand retailers, longer shopping hours and an updated framework for establishing Real Estate Investment Trusts (REITs) have attracted the attention of various private equity funds like Blackstone, Xander, GIC, Morgan Stanley, towards the Indian retail real estate sector. 

Various retail mall developers are also looking to sell their existing retail assets and raise funds for expansion.

Bixolon Provides Cutting-edge Technology for Businesses in India, says Anton Jebadurai

Bixolon is the world leader in providing cutting-edge technology products to various industries with their application oriented devices. The technology giant from Korea has created a niche for itself in supplying world-class Mobile printers, Mobile POS devices, POS printers, Label printers, POS peripherals and accessories to leading manufacturers and retailers across the globe. 

Growing at a rapid pace in India, Bixolon has a huge catalogue of products to cater to Indian retailer and non-retailer community. C Anton Jebadurai, country Manager, Bixolon India speaks to JusTransact.com about company’s growth projection, future plans, product line-ups and speciality on mobile printers and their advantages. Excerpts…

You are one of the world’s leading POS & Mobile Printer brands. What are your plans for India?

We have been developing advanced Receipt, Label and Mobile Printers and maintaining our position as world leader in this segment. We have been chosen as world’s leading mobile printer brand by the leading research analyst Chunichisha for the last three consecutive years. We are extremely proud of this prestigious honor.

Read full Interview article here.

'POS terminals need secured access to thwart data thefts'

LISTECH Services Solution Pvt Ltd is a Mohali-based company for software development and customisation. Launched by Mr Durgesh Sharma, who is the Director of the company, LISTECH has pioneered in providing software support to various retail applications. Having completed his MCA from Pune University, Durgesh has held various positions from system analyst to project manager in various IT firms before launching his own. 

Durgesh, who has close to 15 years experience in software industry, speaks about Indian POS market, POS software and its importance, security threat to POS devices and more.

• How will you differentiate cloud-based software support with the conventional one? Which, according to you is the best for an Omni-channel retail environment?

Cloud based software support has a lot of advantages over the conventional one. Some of them are:
24/7 Accessibility
Real time info sharing
Easy Info Updates
Easy Problem Fixing

The market is slowly changing from conventional software application dependence to Cloud-based one. Customers are increasingly demanding for the retrieval of available data in real time from every location. So, Cloud-based solution is the best option for retailers to scale-up their business and customer’s shopping experience.

Read the full Interview here

Honeywell AIDC Eyes LoT for Retail and E-commerce Sectors

Aseem Joshi

As a regional head for Honeywell’s Sensing & Productivity Solutions business, Aseem Joshi has been developing strategies and spearheading sales and marketing teams to grow business. Aseem came to Honeywell from Eaton, where he worked in various roles, including Plant Manager, Marketing Manager and APAC Marketing Strategy Manager for their Hydraulics business. 

Prior to Eaton, he was an Engagement Manager with McKinsey & Company and later associated with IBM as an Industrial Engineer. He has an MBA from INSEAD, MS from Virginia Tech and a BE from Pune University. Married and having 2 children, Aseem is currently based in Pune.

Aseem speaks to K Ramanathan on Honeywell’s AIDC market in India, notable product launches, and how technology can help retailers meet omni-channel challenges. Excerpts…

What is the current market size and demand for AIDC products in India? What is Honeywell’s contribution in terms of meeting the demands?

According to “India Barcode Scanners and Printers Market Forecast & Opportunities, 2017” the revenues of the barcode industry in India are likely to grow at a large Compound Annual Growth Rate (CAGR) of around 30% during the period 2011-2017. This presents many opportunities for companies in the AIDC space, including Honeywell. Going forward, Honeywell AIDC is at the forefront of Internet of Things (IoT) for retail and e-commerce sector.

Honeywell has been and continues to working with our channel, our solution partners and with a number of customers across Indian sub-continent to identify and address their business challenges, through automation. One example includes India Post, who we are helping to automate their 130,000 post offices across the country. By integrating scanning technology, Honeywell assisted India Post to leverage our world-class AIDC technology.

How do you envisage Honeywell’s overall growth in the next five years in India?

Honeywell has been in India since almost 100 years, successfully working with our customers in a diverse range of sectors across India, supporting growth through technology and innovation. We have almost 15,000 employees (including 8,000 engineers) in country and physical presence across 50 cities.  Our 7 manufacturing locations and 5 global technology & engineering centers will continue to contribute to our commitment and growth along with our customers.

The retail sector is a priority for Honeywell Sensing & Productivity solutions. This is because Indian retailers, 3PLs and transport and delivery businesses here, like their counterparts around the world, have seen rapid growth and increasing operational pressures as a result of the rise of omni-channel. The increasing number of consumer shopping options, including online, in-store and click and collect, as well as the small piece orders, the increased number of delivery destinations that have to be reached in shorter timeframes, pose challenges for local retail businesses. 

To help address these operational pressures Honeywell will increasingly work with Indian retailers so that they have the right systems and technologies in place to keep pace with the omni-channel.   We are in a vantage position to enable brick-and-mortar retailers, be it neighbourhood groceries or hypermarkets, adopt technologies that are most suitable to their needs : bee it around from POS to mobile couponing, queue-busting to cross-selling and from in-store to back-end.

Honeywell Sensing & Productivity Solutions will also in the coming years be concentrating on developing and delivering end-to-end solutions that enable seamless measures, controls and collection of data across all business systems and devices. Business connectivity and data collection allows for optimisation of workflow processes and worker productivity and accuracy.

Honeywell will leverage our heritage of industry leading technology and innovation, and work with our partners to invest in hardware, software, cloud technology and analytics solutions that best support true business connectivity.

What are the latest offerings from Honeywell for Indian POS market?

Being at the forefront of innovations in custom-engineered sensors, switches and controls, and productivity solutions built around high performance data collection hardware for more than 40 years, Honeywell Sensing & Productivity Solutions prides itself on delivering best practice technologies to businesses across India.

Honeywell’s acquisitions of Intermec and Datamax-O’Neil highlight our ambition for continuous investments that strengthen the depth of our technology solutions and portfolio. Today, Honeywell offers the most comprehensive range of products in the industry, with over 50,200 products, including controls, global tracking, printers, scanners, mobility, RFID, Voice solutions, sensors, software and electromechanical.

Honeywell Sensing & Productivity Solutions allow businesses to manage their data, assets and workers in order to optimise performance and processes in every corner of their facility.

Our Orbit 7120 presentation scanners and Eclipse 5145 are already brands by themselves! Last year our thermal desktop printer PC42t was also very well accepted by the end-users.

This year, Honeywell is releasing a number of exciting technologies in the retail space, including the Solaris 7980g scanner, which meets the needs of the growing mobile payment trend. The scanner has the ability to read 2D barcodes off mobile phones, as shoppers increasingly want to use their mobile devices in place of credit cards and loyalty cards.

For retailers after an affordable scanner, Honeywell has also released the Voyager 1602g pocket 2D Bluetooth scanner. The ergonomically designed Voyager 1602g scanner can be coupled with tablet-based retail POS systems, mobile POS solutions, inventory management, backroom/stockroom and in-store customer engagement.

Can you tell us how technology can be a game changer for retail sector?

Honeywell solutions are designed to help retailers compete in an increasingly competitive environment by increasing store associate productivity, reducing operating expenses and increasing customer loyalty.

Honeywell’s innovative solutions are primed for many key retail applications including store operations, fixed Point of Sale, omni-channel fulfillment, in-store mobile and warehouse.

The retail worker of today is not tied to one station and is instead moving throughout the store. These workers need technologies, such as the Voyager 1602g, which enable mobile productivity and accuracy with ease. A mobile barcode scanner has the power to not only increase productivity and accuracy, but also allow workers to interact with customers and provide a much higher level of service.

Customer service is also being improved with the launch of mobile payment offerings like Apple Pay and Google Wallet. This means customers and retailers benefit from a faster and more seamless check-out experience. With the use of a 2D barcode scanner such as the Solaris 7980g, consumers can now pay for their goods with a simple tap, while simultaneously earning loyalty points, discounts and promotions directly to their device.

Those retailers who invest in 2D barcode technology will be best placed to provide the best in-store shopping experience for their customers as mobile devices become more commonplace for payment.

Also published in: JusTransact.com

Budget 2016: Indian Retail Sector Feels Let Down by FM

Chennai, India: March 14, 2016: India's Federal Budget for the 2016 fiscal though focused more on farm sector and gave a balanced outlook to other industries, stakeholders of Asia's fast-growing retail sector believe that the Budget did not offer any direct proposal to boost the sentiments of the business community but the sops offered to other sectors will have their implications on the retail sector’s long-term growth.

India’s retail sector, which is the third largest employment generator after agriculture and construction industry, adds considerable momentum to the country’s GDP year-on-year. According to industry sources, though there are no big-ticket announcements in the budget to add fuel to the retail sector’s growth, certain indirect measures proposed by the Finance Minister will improve the buying sentiments among the middle-class, and add up to the growth of retail and allied sectors.

Read full article here

Also published in : EPRRETAILNEWS.COM,  MERINEWS.COM,

Industry.co.uk and Press Release Point.

Real Estate Regulatory Bill empowers buyers to take on errant builders

The much-awaited Real Estate Regulatory Bill has now broken the last hurdle to become a concrete legislation when it was passed by the Upper House of the Parliament – Rajya Sabha on Thursday much to the relief of home buyers who now got a legal arm to protect their interests.

The Bill has various provisions which can protect the interest of buyers, who have remained mute victims for years due to irregularities in the real estate dealings by unscrupulous builders across the nation. The provisions of the bill now will make the developers accountable and also bring in the much-needed transparency in terms of dealings and quality of the products.

Indian real estate has so far been remained unregulated which has made many becoming fly-by-night builders to take advantage of the gullible home buyers. Big builders are now happy because this bill will regulate the industry and cut-to-size the small-time developers who account for more than 60 per cent of realty transactions in India.

Read complete article here

Also published in Press Release Point.

POS to Scale up Indian Retail Sector Growth in 2016

The fast evolving consumer preferences associated with advancement in technology has made the Indian retail sector one of the most vibrant among the Asian peers with the market indicators forecasting the sector to cross US $ 1 trillion by 2020 from the present $600 billion riding on 13 per cent Compound Annual Growth Rate (CAGR).

While government policies and macro economic conditions act as catalysts, technology plays a pivotal role in revamping the sector towards fast-track development. Thanks to advancement in Point of Sales (POS) technology, sales counters across India are witnessing complete makeover with traditional retail giving way to organized business environment clocking exponential growth. Automating operations by brick-and-mortar businesses with cashless transactions for enhanced customer experience is gaining ground across Indian cities.

Point of Sale hardware products such as barcode scanners, thermal receipt printers, electronic cash registers, barcode printers, Touch POS monitors, mobile/tablet POS and Cloud POS are in great demand with manufacturers expecting good sales in 2016 due to improved market conditions, feel experts.

Bhaskar Venkatraman, Founder and Director of JusTransact.com, an e-commerce portal offering POS technology products to retail and non-retail businesses in India, says: “Indian retail sector has finally taken wings riding on POS technology to make new strides in the coming years. POS is one of the major growth ingredients for retail sector. With government opening up FDI in retail sector and Goods and Service Tax (GST) Bill becoming a reality in 2016, the POS market is expected to witness unprecedented growth by 2020 clocking two million POS installations from the current one million mark.”

However, on global perspective as per a 2014 estimate, of the 250 billion cashless transactions, India accounts for only 0.2 per cent through 1.2 million POS installations. With Reserve Bank of India (RBI) relaxing rules to allow cash withdrawals through POS machines across India, the demand for POS machines are going to go up further in the coming year, opines Bhaskar.

According to RBI Deputy Governor R Gandhi, “If India needs to reach the average levels of BRIC nations, we need to have another 20 million POS terminals from the present 1.2 million machines connecting rural and urban areas. With India having more than one billion mobile connections, the retail payments in the next five years would be increasingly driven through mobile payments, the top RBI official lamented.

Recently, several state governments including Rajasthan, Andhra Pradesh, Orissa and Madhya Pradesh have started introducing POS machines at their fair price shops to reduce pilferage of food items meant for public distribution. These hand-held POS devices with biometric fingerprint scanner will soon find place in thousands of ration shops across the country.

Expressing optimistic about POS market in India, D Bhaskaramoorthy, Vice-President – Sales, Posiflex Technology (India) Pvt. Ltd, one of the leading POS hardware brands in India, says, "With FDI opening up for Retail sector and GST implementation looking brighter in 2016, we can foresee a potential growth for retail segment vis-à-vis POS and peripherals in India as more and more stores are expected to automate their business to enhance sales and back-end operations.”  

Implementation of GST will enable easier movement of goods across the nation, thereby benefiting retail operations pan-India, he says.

Also read this article in  -  Justransact.com, Merinews.com &

NprRetailNews.com.

Parliament Lockjam: Will Real Estate Regulatory Bill Ever See the Light?

The tall climes of steady upward growth are notwithstanding, the real estate sector in India, which is the second largest employment generator after agriculture, has been in doldrums for the last few years owing to economic downturn with developers looking for a ‘miracle’ which can turn the tide for the sector in 2016.

There have been a few positive developments in the recent past such as opening up of Foreign Direct Investment (FDI), introduction of REITs and recently, the cabinet passing the much-awaited Real Estate Regulatory Bill which have created positive vibes among the real estate community.

Though the success of the first two initiatives can be gauged on the basis of investment scenario, which again depends on the economic growth, the enactment of real estate regulatory Bill as law is expected to add the much required impetus to the sector’s growth vehicle in the year 2016, feel real estate experts. 

Read full Interview here

The article also appeared in Merinews.com

Posiflex Strides to Digitalize Indian Retail Sector: Baskaramoorthy

Baskaramoorthy, 
Vice-President – Sales, 
Posiflex Technology (India) Pvt. Ltd.

An early entrant to the organized retail sector in India, Baskaramoorthy was instrumental in introducing a range of hardware products to the booming sector. As a co-founder of Protocol, he brought the barcode technology and POS machines as a distribution partner of Taiwan's Posiflex and developed the market in India. 

When Posiflex, a global leading brand in design and manufacture of POS solutions and peripherals, looked to consolidate Indian market in 2009, Protocol was the natural choice and they forged to form an Indian entity – Posiflex India.

Having close to two decades of industry exposure with deep understanding of the Indian retail industry in terms of quality, price points and service requirements, Baskar was instrumental in developing Industrial Automation products to help improve the Workforce Efficiency and Inventory Management using Barcode & RFID technologies in India.

Read full interview here

"Cloud computing is taking the lead in sophisticating POS counters in India"

Mr.Samba Moorthy 
Vice President (Sales and Marketing),
Epson India.

The evolution of Point of Sale (POS) in India is closely linked to the growth of the retail sector, a major contributor to GDP, during the last two decades. Technology has played a key role in bringing sophistication, ease of use, efficiency and automation into the various business activities related to the retail sector. 

The evolution of POS in India can be attributed to a few major need-based factors. In the early 80s, the economy was sluggish, the purchasing power of people was much less and so were the number of retail stores and consumer items they traded. The industrial liberalization which started in the early 90s, opened the flood gates of economic activity and opportunities, and ever since there has been a steady increase in purchasing power among consumers. 

Store owners needed to stock more new and existing items to cater to the renewed customer needs. This had posed new challenges for them at Point of Sale as they had more customers to handle, more stocks to maintain and of course, more staff to manage. 

Read full interview here

(As told to K Ramanathan)

Right POS For The Right Business!

Justransact.com strives to bring in awareness among brick and mortar stores across the country on the advantages of automating POS counters, says Bhaskar Venkatraman, Founder and CEO of JusTransact.com. 

The evolution in technology has spelt a boom for the major industries in India in the recent past and the vibrant retail sector is no exception to this tenet.

Being the fifth largest retail market in the world and currently valued at USD 600 billion, the retail sector is clearly on the roll with the positive outlook from Retailer Association of India projecting the market to have around 15% Y-o-Y growth to reach one trillion by 2020.

The transition that Indian retail sector has seen over the years has changed the perceptions and priorities of retailers who now look to invest heavily in technology to develop a sustainable business.

Full Interview is here

Property Market Is Not Moving Towards A Crash: Anuj Puri

To promote green initiatives, the government should come forward to introduce incentives, which would act as a catalyst for the development and absorption of new green buildings, says Anuj Puri, Chairman and Country Head, Jones Lang LaSalle India. In an interview with K Ramanathan, he speaks about the possibility of price correction, green buildings and investment options in real estate. 

1. What will be the best investment option in the prevailing situation -- real estate, gold or securities?

 Whether residential real estate is an asset class for investment is a tricky issue and there is no sure-shot formula for its viability. It is to be noted that investors have different degrees of experience, market knowledge, expertise and risk appetites for different asset classes. People who have lack of expertise in stock trading, real estate trading or commodity trading may not see satisfactory return on investment (ROI) from the market.

Full Interview is here.

Construction Firms In India Are Keen To Use BIM

Michael Evans, Technical Manager, BIM Solutions, Tekla, speaks about the importance of Building Information Modelling in concrete construction projects, India-specific tools and awareness of BIM in India. Michael was in Chennai recently as part of Tekla’s road show to promote BIM software solutions for concrete technology.

Can you explain about the India-specific BIM tools Tekla is launching soon?

Tekla software for Building Information Modelling (BIM) processes meets the exacting requirements of professionals and industries across AEC globally. Our software can be easily customised depending on customer requirements. Tekla has given special focus to the Indian market and to boost the use of the latest 3D technology in concrete projects, Tekla is planning to release some special scheme for our newly launched product, Tekla Structures - CIP module.

Read Full Interview here

Making Energy Efficient Homes, Naturally

When he founded Biodiversity Conservation India (BCIL) in the early 1990s, people used to relate 'green' to colour and not for ecology. As the Earth is being confronted with several ecological problems, respecting nature and not going against it become imperative for humans for their survival. This is what Chandrashekar and his team members have been doing – bringing nature to people’s doorstep. Chandrashekar Hariharan, Chairman of BCIL, speaks about the advantages of building energy efficient homes, his commitment to protect the nature and what the industry needs from the government to make more eco-friendly homes across the country. 

Excerpts..

Find the full interview here

‘Need For A Policy Change In Affordable Housing’

We are in constant touch with the concerned authorities and working for a fast and efficient approval system, says Sandeep Mehta, newly elected President of Confederation of Real Estate Developers’ Association of India (CREDAI), Chennai. 

1. What are the issues you are going to focus as newly elected CREDAI, Chennai President?

As you are aware, today developers are going through a major challenge in getting approvals. My first and foremost priority would be to work with the authorities, like CMDA, DTCP, and see how best we can bring down the approval cycle to the minimum possible time. Approvals are taking six months or even one year, and the ultimate sufferers are the end users.  After all, developers are playing a role of middleman, wherein they accumulate various components like land, contractors, building materials to produce the finished product. As a project gets delayed, the cost of interest comes on it. This cost will finally pass on to the customers.

Read full Interview here

We Need Single Window Clearance For Faster Approvals

Chennai is a strong end-user market and hence less prone to investor sentiments. But high interest rates and weak economy are causes for concern. In the absence of strong policy measures, the city may soon witness slowdown in business, says Mehul Doshi, Director,Doshi Housing Pvt Ltd.

1. Doshi Housing has created a niche for itself in southern realty market. What do you think are the reasons behind the un-eroded customer base?

From inception our focus has been on providing quality homes at affordable prices. Middle income group is our target segment. Most of our projects are located in suburbs where basic infrastructure is available and the customer does not have to commute long distances for basic amenities. We have always delivered more than what we promise. All these factors have been responsible in creating a strong brand identity for our company and helped us in developing a loyal customer base.

Full Interview is here

Making A Green House With Plastics

He is a man of innovative ideas. Converting waste items into eco-friendly products is his favourite hobby. Meet the founder Chairman Dr. Patrick Sanfranceso of Non Profit Organization Samarpan Foundation who has launched their first pilot project in Chennai where the foundation is constructing a vocational training centre in Red Hills using plastic PET bottles. 

Find Full Interview Here

Turning Lands Into Landmarks

Our unbridled passion and genuine team effort has helped us in achieving our mission of‘Turning Lands into Landmarks’ says Nawaz Hussain, Director (Sales & Marketing) of South India Shelters Pvt Ltd.

Can you brief about your mission ‘turning land into landmarks’?

From the Neanderthal age to the New-age today, it is always the land that has marked a beginning of a fruitful and futuristic era for humankind and civilizations. Whether it’s business or life, land simply translates into growth, progress and success. And as a land development specialist, we understand it better than anyone else.  That’s because we have spent over decades in this business.

Full Interview is here