Real Estate >> Digital Nervous System - Present business need for Real Estate (Reality) companies
Digital Nervous System - Present business need for Real Estate (Reality) companies
Real Estate (Reality) Business has witnessed a period of tremendous growth, it now faces a steady downturn! As the economy has slowed down, interest rates have increased and home sales have been slow. Construction companies that have grown so far, accustomed to the massive influx of buyers over recent years have been hard pressed to maintain momentum in the current market conditions.
There are very few Real Estate companies which are well equipped to handle this situation for maintaining and growing their business at all times. While they are good at identifying the right plot / land, construction management and managing finances and accounts; very few have focused on implementing an integrating and sophisticated Marketing, Sales, Customer Service and Partner Relationships (Brokers/Dealers).
Because of the nature of business, most of the real estate (Reality) companies have a diverse and distributed sales force across their corporate sales offices, site offices and in addition they have brokers/dealers. All the sales team members follow different sales process but there is no unified process. They all manage the enquiry and contact information of their prospect with a hard copies/forms, word files and excel speadsheets, etc. Having a consolidated data from multiple sources,offices & sales teams is a huge challenge and not many companies have a system for the same. In addition to this, no Sales Force Automation system is in place! Critical Enquiry / Lead and Customer information rests with individual sales representatives. The important question to ask here would be, what if a sales representative or manager leaves the organization? What happens to the data he was following up with? It is barely possible to retain the leads information he was working on. Is there any way this could be automated and unavailability of status of Leads, Opportunities and Accounts related information to the Management on a real-time basis. It is very difficult to extract the market demand and requirements from collected data by using the traditional methods . For example, what is in more demand? A 4BHK or a 3BHK or 1BHK flat? Which of the prospects is more interested in the property? Also, generating demographics information from the prospects database is very tough! Even figuring out the statistics and reasons about the enquiries lost to the competitors is a tedious task. How effective are the marketing campaigns, exhibitions, advertisements, schemes, etc? How responsive is the customer service? Sales review meetings happen to be unproductive as availability and accuracy of available data questionable. All this leads to low efficiency of Sales Team with respect to time, output and quality. Enquiry leak may also happen due to a combination of above.
Conclusion :
In a tough economy, fewer businesses flourish. Ofcourse, every organization is eyeing ways to gain better market share over competition. Innovative new products and services, strategy specific to current market situation and requirements is the key
More sophistication is required technology wise in marketing efforts. Organizations need systems in place to methodologically capture, qualify and distribute leads to the sales force, and the sales process needs to be structured around these systems to ensure sales personnel are using their time as productively as possible.Tracking inventory status of apartments and shops in each project (sold, unsold, work-in-progress, etc.) in real time should be in place.
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Established in 2002, Their principle laboratory in Vasai is accredited by NABL as per the requirements of ISO/IEC 17025:2005. Their areas of expertise include Calibration, Thermal Validation and Clean Room Validation. They have a team of 150 plus and have provided services to more than 1300 multinational and national companies through its wide spread network of 9 branches in Vasai, Bhandup, Baddi, Indore, Vapi, Baroda, Aurangabad, Goa, Hyderabad & Growing.
DB Assist
Purchasing power is leveling out across India, bringing into focus, markets beyond the metros, where rising affluence levels and changing consumption patterns are opening doors for marketers to service new markets.
DB Assist is an attempt by The Dainik Bhaskar Group to provide you a panoramic view of markets across India, through useful data and make it available to you at a click of a button.
With a footprint covering almost a third of the Indian economy and more that a dozen 1Mn+ cities, The Dainik Bhaskar Group is a significant & critical partner for marketers who are looking to capture their share of emerging markets in the country.
Tutis Technologies Ltd.is a BSE listed company and a world class technology solutions provider. It is headquartered in Mumbai with offices in Chennai and Delhi and has also got a strong global presence with offices in UK, Germany, Sweden and Dubai. Tutis has three primary business units Biometrics, BPO/It enabled Services, Software Development & Consultancy.
Pacific Technologies was established in 1997 with the objective of manufacturing and marketing machineries for the Pharmaceuticals, Food, Beverages, and Cosmetic Industries.
Pacific Technologies was manufacture of manual capsule filling machine, semi-automatic capsule filling machine, fully automatic capsule filling machine, and fully automatic dry powder filling machine to cGMP (current good manufacturing practise) and various regulatory requirement.
Classic Holidays
Classic Travel Shoppe Pvt. Ltd. is one of the leading travel company and one of the biggest consolidators for the Travel Trade in Mumbai (India) since 1997. We are branded as CLASSIC HOLIDAYS and are known for honest pricing, transparency and world class holidays in India and worldwide.
We have done it for years and for thousands of travelers, combining great destinations, stunning sightseeing, and the exquisite hotels for the ultimate in luxury.
Themis Medicare Ltd
Themis Medicare Ltd, a joint venture pharmaceutical company, with Gedeon Richter Ltd., Hungary.
The company in over three decades has made its presence felt in manufacturing and marketing innovative pharmaceutical products.
The company is headquartered in Mumbai with four state-of-the-art manufacturing facilities at three locations, in Vapi (Gujarat), Hyderabad (Andhra Pradesh) and Haridwar (Uttaranchal)..
Kanakia Group
The Kanakia Group is associated with real estate, entertainment, education, hospitality and arts industry with significant contribution in the spaces for each.
Real Estate : They have successfully delivered more than 10 million sq. ft. of residential and commercial projects that are land marks owing to their design, micro locations and occupant profiles. Company has over 5 million sq. ft. of space under various stages of development country wide.
Entertainment : Today, they have emerged as pioneers as cinema exhibitors in India with 70 + screens up and running across various locations and 400 screens in the making.
Hospitality :
Kanakia Hospitality completes this belief with its first business category hotel Courtyard Marriott promoted by Marriott international Inc., a world wide hospitality company.
Hi-Tech Engineering is dedicated to providing innovative consumer products that make everyday living easier since 1996. They are manufacturers, exporters and wholesale suppliers of stainless steel utensils, stainless steel kitchen utensils from India.
The organization concentrate on cookware by focusing research & design energies and have become the leading edge developers of unique stainless steel utensils for every kitchen. Their stainless steel kitchen utensils are manufactured to the highest quality standards, with functional ease, convenience, beauty of design, and durability in mind.
Arihant Capital Markets Limited, an ISO 9001:2008 Certified Company, is one of the leading financial services companies with 620 offices in 110 cities in India. We provide a gamut of products and services including securities and commodities broking, investment planning, financial planning, wealth management and merchant banking to a substantial and diversified clientele that includes individuals, corporations and financial institutions.
Dainik Bhaskar Group, for the last 5 years they have been harnessing the creative talent of the industry to develop communication aimed at fighting the menace of AIDS. These entries are then published in their Group Publications to further accentuate and sensitize our 16.7 Million readers on AIDS.
This year the winner will get Rs 1,00,000/- as the prize money 1st and second runners up gets a prize money of 25000 each.
DB Assist
Purchasing power is leveling out across India, bringing into focus, markets beyond the metros, where rising affluence levels and changing consumption patterns are opening doors for marketers to service new markets.
DB Assist is an attempt by The Dainik Bhaskar Group to provide you a panoramic view of markets across India, through useful data and make it available to you at a click of a button.
With a footprint covering almost a third of the Indian economy and more that a dozen 1Mn+ cities, The Dainik Bhaskar Group is a significant & critical partner for marketers who are looking to capture their share of emerging markets in the country.
D B Corp Ltd., formally known as the Bhaskar Group, is a Rs. 1700 crore business conglomerate of India with presence in newspapers, television, entertainment, printing, textiles, fast moving consumer goods, oils, solvents and internet services.
The group rocketed to the top of the print media industry in India with its flagship Hindi daily newspaper, Dainik Bhaskar, and the Gujarati newspaper, Divya Bhaskar. Its collaboration with Zee Group has resulted in DNA, short for Daily News and Analysis, which enjoys a large readership in Mumbai.
Our office would remain closed till 21st March, 2011 due to explosion of transformer which has disrupted the power supply to our industrial complex. Inconvinence regretted. You could reach us on the following number 02503299940 or 9223421860
