newsletter sep & octremax-india.com/marketing/newsletter/2014/september-october.pdf · from the...

1) From the Chairman's Desk 2) From the Vice Chairman's Desk 3) Block your Calendar

4) News from RE/MAX India 5) Update on the Franchise Sales Activities 6) News from RARE

7) What's New in Marketing & Social Media 8) Press Buzz 9) News from the Regions

10) News from RE/MAX LLC 11) RE/MAX Anniversaries 12) Heroes of RE/MAX India

13) Top Listings 14) Realty Bytes 15) New Broker Associates

Content:

Realty Review September-October 2014

‘Recognition' is one of the greatest motivator; and it's even better when you are recognized by your

own Industry. For the sixth consecutive year, RE/MAX LLC has been ranked as the leading Real Estate

Franchise in the 2014 Franchise Times Top 200. It is definitely a proud moment for all those

associated with RE/MAX across the globe and motivates us to continuously strive for excellence.

Even RE/MAX India won 'Realtor of the Year' at the Realty Excellence Awards 2014 by Realty Plus. I

would like to take this opportunity to thank all the affiliates of RE/MAX in India for their valuable

contribution which helps us to achieve such awards and laurels.

It was a pleasure to connect with most of the Regional Owners/Directors at the 'Regional Owners Review Meet' in

September. The Energy & Enthusiasm of the new Regional Owners with the Experience and Knowledge of the Veterans

helped everyone take away a lot of learning's from this meet.

The month of October saw some great development in the RE/MAX network with Mr. Debashis Majumdar taking over the

regional ownership of RE/MAX West Bengal! I would like to thank him for taking up this opportunity which will surely take

their business group to the next level. In RE/MAX, your growth opportunities truly know no boundaries and this

development is a testimony of that!

As the year 2014 is approaching towards an end, I would like to wish success and good luck to all of you.

Cheers!Sam Chopra

Chairmans' DeskFrom the

Vice Chairmans' DeskFrom the

September-October 2014

I hope that all of had a great Diwali and are looking forward to end the year with positivity, success

and accomplishments.

Every single time that RE/MAX expands into a new Territory or State, it gives me great happiness

as we are about to paint the entire country Red, White and Blue pretty soon. In September, the

network of RE/MAX has further strengthened with Mr. Debashis Majumdar being awarded as the

Master Franchise for the state of West Bengal. I wish him great success in his journey with RE/MAX.The Regional Owners

Review Meet in the month of September showed a lot of solidarity with new & veteran Regional Owners bonding so well

and sharing ideas and experiences. It was a packed event with a lot of knowledge and fun at the same time. We are

looking forward to meeting everyone once again during the next Regional Owners Review Meet.

The teams at Delhi NCR, Haryana and Rajasthan participated in the FRO 2014 at Pragati Maidan where they guided and

helped a lot of people to know more details about the business opportunity available with RE/MAX. The business concept

of RE/MAX has changed life's of millions across the globe and we are happy get an opportunity to do the same in India as

well.

Lastly, I would like to congratulate all the awards winners and team members at RE/MAX India who have taken new

additional roles and responsibilities.

Have a great month ahead!

Saloni Chopra

Block Your Calendar


Click to view online

http://www.remax.in/rare/rare-training-calendar.aspxhttp://www.remax.in/rare/rare-training-calendar.aspx

News from RE/MAX India

Regional Owners Retreat, September 2014

Here we grow again!

RE/MAX India organized its Q3 Regional Owners Retreat at Tree House Resort, Neemrana, from the 19th to 21st of September '14.

The meet was attended by Sam Chopra, Saloni Chopra, Manpreet Grewal, Puneet Verma, Sahil Kapoor, Anmol Aggarwal, Parul Choudhary, Shikha Abrol, Amarjeet Chawla, Arun Dubey, Manish Patni, Monika Patni, Subrahmanyam Koneru, Srinivas Raju, AdluriShailaja, Thumiki Dilip, Kantham Raju, Movva Prasad, Manish Patni and CK Taneja.

Fun in the Sun and the match was a draw… At RE/MAX EVERYBODY truly WINS!

The venue and scheduling of the Regional Owners Retreat was

intended to maximize networking, learning and fun!

We would like to welcome Mr. Debashis Majumdar to the RE/MAX India family as the Regional Owner of RE/MAX West Bengal. With his extensive experience in various verticals, RE/MAX India truly believes that we have found a strong leader for successfully leading the region of RE/MAX West Bengal to new heights.

We would like to wish him all the very best for his journey with RE/MAX and we will be looking forward to working with him to make the region reach a new height of success in the near future!

RE/MAX India adds another region to its network, thus taking the number of regions appointed

this year to 7, cheers to many more!


And the retreat continues at the pool side!

Regional Owners speak Some memories to cherish…

Sharing of best practices

The Regional Owners Retreat was concluded by the Chairman by laying emphasis on networking, team

building, collaborating and building positivity to breed profitability. RE/MAX India would like to thank all

the Regional Owners for joining us for the retreat and hopes that even they had as much fun attending

it as RE/MAX India had organizing it for them!


Franchise sales workshop

Our new Regional Owners getting trained

at the RE/MAX India Headquarters

With a strong belief in the fact that the more you learn, the more you

can earn, RE/MAX India organized a Regional Owners Management

Training to equip our new Regional Owners with the requisite skill set

and knowledge to kick - start their region. The training sessions not

only trained them on the success mantras for Franchise Sales but

also gave them an overview of the best practices to successfully run a

region.

RE/MAX India would like to wish them all the very best for their new

journey with RE/MAX!

FRO Participation 2014

RE/MAX India along with RE/MAX Delhi NCR,

RE/MAX Haryana, RE/MAX Rajasthan 1, Rajasthan

2, Rajasthan 3 and Rajasthan 4 participated in the th thFRO on the 11 and 12 of October '14 at Pragati

Maidan, New Delhi.

In the FRO, the Regional Owners and the Regional

teams ensured that they met a good number of

prospects for Franchise Sales and Agent

Opportunities.

We wish the regions all the very best for

conversions!


Franchise sales workshop

With a very strong business model that RE/MAX offers in the franchising business, the Franchise Sales Workshop at the

National Headquarters ensures that the Franchise Sales team of our regions gains an expertise on the core competencies

for effective sales. With a blend of the theoretical and practical training that helps them in developing the targeted

competencies, the training brings all the individuals together providing them opportunities to learn not only from the

veterans in RE/MAX but also from their peers.

RE/MAX India would like to wish all the very best to the regional teams of RE/MAX Rajasthan1, RE/MAX Punjab, RE/MAX

Kerala and RE/MAX West Bengal who got trained at the National Headquarters and hopes that the newly learned skills will

be put into practice and reap impactful results!

- YOU BUILD PEOPLE -YOU DON’T BUILD A BUSINESS

AND THEN PEOPLE BUILD THE BUSINESS

-Zig Ziglar


National level partnership with WTC

It is with immense pleasure that we formally announce the Association of RE/MAX India with WTC (World Trade Center), Gift City, Gujarat. RE/MAX India has signed up a National Level MOU with WTC which will enable all RE/MAX India affiliates to market their projects.

For more details about the project, you can get in touch with Mr. Vikas Tawar, Network Acquisition and Development Manager, RE/MAX Delhi/NCR at + 91 7042698817.

Wishing them the very best for this partnership!

To make the festival of lights full of delight, the

RE/MAX India family got together for Diwali

celebrations at the National Headquarters. The

team along with the Chairman and the Vice-

Chairman celebrated the occasion with puja

followed by a small get together.

With food, crackers and Diwali gifts being the

fabulous ways of celebrating Diwali everyone at the

Headquarters enjoyed the festivity of the occasion!

Bringing Joy, Positivity, Happiness & Prosperity to Workplace


Sahil Kapoor takes up the role of Asst. Regional Director at RE/MAX India

We are pleased to share the good news of Sahil Kapoor being promoted to the position of Asst. Regional Director – RE/MAX India. Sahil has been a member of the pioneering team that started RE/MAX in India. He has been responsible for various roles and responsibilities which have included Franchise Sales, Training, Franchise Development, Developers Relations, National and International Property Shows in the US and Canada etc. For the last two years, he has been successfully running the region of

Anmol Aggarwal takes up the role of Asst. Regional Director – RE/MAX Delhi NCR

We are also pleased to share the good news of Anmol Aggarwal being promoted to the position of. Anmol has been a member of the pioneering team at RE/MAX India and has been instrumental in helping new regions kick start in terms of Franchise Sales & Franchise Development. He has been an integral part of the RE/MAX Delhi NCR team along with Sahil Kapoor in the capacity of Head – Franchise Sales wherein he was recognized as the best Franchise Sales person nationally for two consecutive

Parul Choudhary takes up the role of National Manager – Network Development

We are pleased to share with you the good news of Parul Choudhary being promoted to the position of National Manager – Network Development. Parul has been with RE/MAX India for around two years and has been responsible for a variety of roles which have included transaction reporting and audits, franchise development, training and franchise sales.

Delhi NCR as an independent entity. Under his able leadership, RE/MAX Delhi NCR has won two International Awards for Net Office Gain and Net Agent Gain namely at the RE/MAX International Convention in Las Vegas in 2014. Sahil has also been the face of RE/MAX for its PR Activities and has appeared on various Property Shows on different National Television Channels.

years. He has also been recognized by RE/MAX International on various occasions for doing the highest number of Franchise Sales in their monthly recognitions. In his last role as National Manager – Regional Sales at RE/MAX India, he has been instrumental in successfully selling 6 regions in this financial year under the leadership and guidance of Puneet Verma (Vice President, Sales).

Veterans in RE/MAX India team taking new Roles & Responsibilities

Additional Responsibilities taken by Puneet Verma and Manpreet Grewal

Puneet Verma (Vice President, Sales) will also be a National Sales Coach for all our regions across the country and will be available to guide, mentor and coach all our regions across the country in Sales.Manpreet Grewal (Regional Director, RE/MAX India) will also be a National Development Coach for all the regions across the country and will be available to guide, mentor and coach all our regions across the country for business development.


Sahil Sharma takes up the role of Head – Online Marketing & Technology

It is with immense pleasure that we share with you the good news of Sahil Sharma being promoted to the position of Head – Online Marketing & Technology. Sahil has been with RE/MAX India for the past three years and has been responsible for managing the technology platform, managing marketing platforms, training and graphic & web designing. He has been instrumental in helping the Regional & Broker Office Franchises plus the Agents in understanding and using the biggest tool of RE/MAX – Technology.

Gaganpreet Jain has joined us as Head HR & Administration

With more than 7 years of insightful experience in Human Resource Management, Gagan is a MBA in HR with special focus on Manpower planning, Talent Acquisition & Talent Management.

Vinyas Vashisht has joined us as Manager Legal & Administration

Armed with a B.A LL.B (Hons.) and MBA, Vinyas has over 3 years of insightful experience in legal affairs, compliance and administration. He brings with him effective analytical and logical thinking abilities and we are very sure that he will be a great value addition to the team.

Priyesh Upadhyay has joined as a Graphic Designer

With an AASP diploma from Arena Multimedia, Priyesh has around 2 years of experience in Graphic Designing. He will be a part of the Online Marketing & technology team and will be a one stop solution for all your marketing needs.

Welcome our new members in the RE/MAX India family

RE/MAX India would like you to join us in wishing each one of them all the very best for their new job roles. We are confident that these new promotions and additions will go a long way in

strengthening the support and mentoring system at RE/MAX India & RE/MAX Delhi NCR.


Know your Team at RE/MAX India

Samir (Sam) Chopra

Chairman & Founder

Manpreet Grewal

Regional Director

Yogesh Khemani

Network Acquisition &

Development

Consultant

Poulami Ghosh


Development

Consultant

Aman Raj


Development

Consultant

Parul Chaudhary

National Manager

Sahil Sharma

Head - Online

Marketing & Technology

Nitin Agrawal

Head - Accounts & Finance

Pankaj Giri

Sr.

Development

Consultant


Priyesh Upadhyay

Graphic Designer

Ashish Singh

Accounts and Finance

Consultant

Anil Kumar Behura

Manager - Technology

Shikha Abrol

Development

Consultant


Pramod Kumar

Marketing & Operations

Consultant

Vinyas Vashisht

Manager - Legal &

Administration

Gaganpreet Jain

Manager - Human Resources

Sahil Kapoor

Asst. Regional Director

Puneet Verma

Vice President - Sales

Saloni Chopra

Vice Chairman &

Co - Founder

Sandeep Kumar

Advisor - Corporate

Affairs


The Chairman under the spotlight!

RE/MAX India won the “Realtor of the Year” at the Realty Plus Conclave and Excellence Awards 2014, a platform which recognizes the contributions made in the Real Estate panorama by Individuals, Realtors, Developers, IPCS / Brokers, Architects / Town Planners, Interior Designers etc.

RE/MAX India would like to thank all its Affiliates across the country who have been and will always be the reason for the growth of RE/MAX in India!

It is with great pleasure that we would like to share with you that the Chairman was invited as a moderator, keynote speaker and a guest of honor at a number of realty award shows. With a very appealing energy that the audience shows and the very interesting topics like Industry Expectations, Property Buyer/End-User Issues as experienced by Brokers/Channel Partners, India as a super power by 2030 etc. that are lined up in these award shows, the viewpoints of RE/MAX India are surely being looked up to as the change makers in the current real estate market.

Another feather in the cap…


The regional team of RE/MAX Delhi NCR conducted a “60 Minutes with RE/MAX” exclusively for stock brokers presenting Franchise and Agent opportunities. The session was taken by Mr. Vikas Tawar, Network Acquisition and Development Consultant, RE/MAX Delhi NCR which was continued by a series of one on one meetings by the other members of the regional team.

In the month of October, the region also participated with RE/MAX India at the FRO in Pragati Maidan and ensured that the team met a good number of prospects and conducted one on one meetings with the potential prospects.

RE/MAX India would like to wish the region all the very best for their continued efforts for franchise sales!

The regional team conducted a series of seminars in Ahmedabad, Baroda, Rajkot and Surat (3 sessions conducted) on topics like “Changing Trends in Real Estate Brokerage” and “Be a Change Maker in Real Estate Brokerage”.

The sessions were taken by the Regional Owner Mr. Manan Choksi and had a good footfall for each of the seminar. With a good pipeline of prospects for Franchise opportunities from these seminars, RE/MAX India would like to wish the region all the very best for conversions from these leads.

RE/MAX India continued with the “RE/MAX Sales Success Webinar Series” which was initiated exclusively for the regional sales and development teams across the country. The session was hosted by Mr. Sahil Kapoor and Mr. Anmol Aggarwal addressing the queries that our Franchise Sales team had across the country.

Keep a sharp eye on the training calender shared by the RE/MAX Academy of Real Estate to know about the next webinar dates and make the most of it!

RE/MAX India

RE/MAX Delhi NCR

RE/MAX North and South Gujarat

Update on Franchise Sales Activities


RE/MAX Punjab B

RE/MAX Hyderabad

RE/MAX Chhattisgarh

The regional team of RE/MAX Punjab B conducted a “60 Minutes with RE/MAX” in Bhatinda. The session was taken by Mr. Arun Dubey, Regional Manager, RE/MAX Punjab and the team ensured that they met good prospects for Franchise Sales and Agent recruitment.

In the month of October, RE/MAX Punjab B conducted multiple activities like “ 60 Minutes with RE/MAX” in Bhatinda , session on “Why RE/MAX” along with some local property dealers and educational seminars in a college both in Ludhiana.

RE/MAX India would like to wish the region all the very best for their continued efforts and hopes that the region flourishes with an increased number of offices and agents in the days to come.

RE/MAX Hyderabad participated in TREDA Property

Exhibition in Hyderabad wherein the team had a series of one

on one meetings with a good number of prospects that

visited their stall in the exhibition.

The regional team of RE/MAX Chhattisgarh conducted a Roadshow in Bilaspur. With an average footfall of around 150 people, the team ensured that they conducted one on one meetings with a series of prospects sharing the business opportunities with RE/MAX both for the Broker Owners and Broker Associates.

The Roadshow had presentations by the Regional Owner, Mr. Manish Tikariha and a motivational session by Dr. Ujjwal Patni as a guest speaker.

RE/MAX India would like to wish the regional team all the very best!


RE/MAX Bangalore

RE/MAX Haryana

To increase the franchise sales and agent recruitment the region, the regional team of RE/MAX Bangalore along with the Regional Owner, Mr. Siva Kyasa had been working closely with their Broker Offices and conducting a lot

of one to one meetings with prospects. The regional team also had some new members join in and RE/MAX India is very sure that these continued efforts will surely reap good results.

The regional team of RE/MAX Haryana along with the Regional Owner Mr. CK Taneja conducted a series of 60 Minutes with RE/MAX followed by one on one meetings in Kundli, Rohtak, Karnal, Panipat & Bahadurgarh.

In the month of October, the regional team also participated with RE/MAX India in FRO at Pragati Maidan on the th th11 and 12 of October '14.

RE/MAX India would like to wish the region all the very best for their continued prospecting!


News from the RE/MAX Academy of Real EstateRE/MAX Academy of Real Estate launches its first batch of Certified Real Estate Training

Committed to ensuring the creation of a pool of professional and talented Real Estate experts to the Indian Realty market, the RE/MAX Academy of Real Estate certified its first batch of young and enthusiastic professionals under

the Certified Real Estate Specialist Training at the National Headquarters in Gurgaon.

RE/MAX Academy of Real Estate is proud to see the idea of professionalizing the Real Estate sector take shape in

the form of this training course. With a composition of professionals from varied fields and verticals, the training

proved to be an enriching experience and we hope that the trainees will put the knowledge to great use in their on-

field projects.

We would also like to thank all the attendees and feel that their great enthusiasm and learning spirit helped us in

making the training sessions both productive and fun.

The second batch of CREST will be from 24th to 28th of November ‘14 and the registrations for the

same are open.


The RE/MAX Academy of Real Estate certifies its fifth batch of the Broker Associates Management Training!

The trainings at the RE/MAX Academy of Real Estate are aimed to not only educate our affiliates about the best practices of the industry but also give them an insight of the myriad of tools that they can use to become successful entrepreneurs. The Broker Associates Management Training at the National Headquarters is one such training aimed

to nurture productivity and profitability in our Associates by educating them with specialized knowledge on documentation, marketing and lead generation, technology and social media, exclusive mandates and so on…

So keep a sharp eye on the Monthly Calendar for the dates of the next training session and complete your certification with the RE/MAX Academy of Real Estate.

For more information on various trainings by the RE/MAX Academy of Real Estate write to us at [email protected] or call us at 7042698815


Online series of the Agents training

To make the training available to our Affiliates all over the country, RE/MAX Academy of Real Estate has started online webinar series of the “Agents Training Program”. The month of September and October had webinars was on the “Job Roles of a Broker Associate” and “Basics in Real Estate “ that were hosted by Mr. Vikas Tawar, Network Acquisition and Development Head, RE/MAX Delhi NCR.

The webinar proved to be a very interactive session with discussions on time management, building up of your business, how to qualify your clients, networking, transaction execution etc.

Block your calendar for our next webinar on the 20th of November '14 and make the most out of it!

HOW

YOURSELF!

TO DISTINGUISH

Know your niche: Earn attention by becoming a local expert and getting specific

with your industry focus.

Use technology: Simplify your job and enrich your customer's experience.

Follow up: Be Persistent. Be Smart. Be Remembered

Promote yourself: All the technology and expertise in the world

won't matter unless you're putting yourself

on display.

Continue your education: Never stop

learning. Never stop growing

SO GET TO WORK...

Real estate is a tough business and being successful in this business will require perseverance

and a lot of hard work. So make use of these tips and tools and the right attitude and get CRACKING!



Mr Nikhil Agrawal

Mr Karan Khattar

Mr Vivek Singh Yadav

Mr Nikhil Chandrakar

Testimonials

The training overall session was satisfactory. The

The training is a great learning for beginners and

The trainers at the RE/MAX academy of Real

The training was very helpful. Overall everything

good and very useful and I will be looking forward to the

practical portion of the training. The training covered all

the relevant topics in Real Estate and the trainers were

well versed in subject knowledge and content delivery.

was very

trainers are helpful and have good insights about market.

The practical examples given were interesting and cleared

lot of misconceptions. My best learning was from the

session on common mistakes by sales person.

I will be looking forward to the practical sessions. It was a

real life experience mated with methodology. I would like

to see some more live demonstrations and video based

learning in the future sessions.

Estate were very good and very influential as well. I have

learnt from the training that for Real Estate sales patience

reaps good results.

Check Out What's New in Marketing and Social Media at RE/MAX India

RE/MAX India organized #SELFIEATREMAXCONTEST at our Facebook Page(https://www.facebook.com/RemaxIndia) wherein we had invited selfies with RE/MAX in the background and the one with maximum number of likes would be the RE/MAX Selfie Star and will win a gift hamper from RE/MAX!

We got a positive response with a lot of selfies being posted on our timeline and we will be very thrilled to organize more of such fun events on our page on a regular basis now.

Grow your social network through Facebook

Facebook has now become like a virtual word-of-mouth and it's something every business should take advantage of. Having a strong Facebook presence does not only provide a venue for your customers to publicly recommend your brand but also a platform to further connect you to a network of other like-minded people!

So make the best use of this social media resource in giving you the upper hand in marketing your business and generating a strong, dedicated following.


We will be looking forward for your suggestions and ideas for such activities for our page. So KEEP POSTING and keep sending us your suggestions at [email protected] with ideas to promote RE/MAX and

also make your work more fun!

Making workplace fun!

Nirav, Broker Owner RE/MAX Realty Solutions

won the contest with 87 likes on his RE/MAX selfie

Congratulations Nirav...

.

SELFIE

Congratulations to the

RE/MAX Selfie

STAR

Nirav Vakharia

RE/MAX India would like to thank everyone who participated in the RE/MAX Selfie Contest.

Mr. Nirav Vakharia, Broker Owner RE/MAX Realty Solutionswon the contest by getting 87 likes on his RE/MAX Selfie.

Some of our Broker Owners are very effectively making use of this platform and do a lot of promotion of their office, associates as well as their listings through their office Facebook Page. RE/MAX India would like to share with all the top Broker Office Facebook pages that have been selected on the basis of the frequency of the posts on their pages.

RE/MAX Realty Solutions, RE/MAX North Gujarat

RE/MAX Plus, RE/MAX Hyderabad

RE/MAX Highrise Realty, RE/MAX Delhi NCR

https://www.facebook.com/RealtySolutions.Remax https://www.facebook.com/remaxhrr

https://www.facebook.com/Remaxplusmadhapur


In order to work towards achieving our aim of helping you make your “Network your Net worth” (which was also the theme of the last convention), RE/MAX India now shares the New Listings from across the network with all the Affiliates on a weekly basis so that you are up to date on the latest inventory available within the network.

More – More – Faster SOLD

More – More – More

MORE

It all starts from and MORE

listings Showings listings

Satisfied Clients Referrals Sales

MONEY!

LISTINGS LISTINGS!

Weekly update on inventory available across the network!

So let's work together towards increasing the number of listings and connect with your Regional Administrators to get

trained on LISTING. You can also mail directly to Mr. Sahil Sharma at [email protected] for all your queries regarding the

same.Happy Listing!


Press Buzz – RE/MAX in the News!

PUBLICATION: The Hindu Business Line

PUBLICATION: Real Estate Observer, September Edition


PUBLICATION: Times of India


News From the Regions

In addition to a lot of initiatives taken for the franchise sales in the region, the development team of RE/MAX North and South Gujarat ensured the up-skilling of their Affiliates through a series of webinars conducted in the month.

With webinars on topics like“ Selling More of Your Own Listings” and “ Home Buyers have Changed … Have you” by Mr. Pranav Pandya, Franchise Development Manager, RE/MAX North and South Gujarat , RE/MAX India is very sure that all these initiatives will prove fruitful in sharing the best practices with the Associates in their region.

RE/MAX West Bengal

RE/MAX North and South Gujarat

RE/MAX Punjab


To learn the best practices of running a RE/MAX Broker office, Mr. Debashis Majumdar, the Regional Owner of RE/MAX West Bengal visited RE/MAX Highrise Realty, one of the Broker Offices of RE/MAX Delhi NCR. With some great conversations starting from the current trends in Real Estate to discussions on the political scenario of the country, there was surely a lot of learning in this cross – pollination of thoughts.

Also, making use of the national level tie-up of RE/MAX India and Godrej and with a motive to showcase the Real Estate opportunities to the NRI’s living in Africa, Mr. Jaydip Mehta, Broker Owner RE/MAX Realty Solutions , RE/MAX West Bengal participated in one of their property shows in Uganda, Africa.

RE/MAX India would like to wish the region all the very best for all their initiatives and hopes that under the new leadership of Debashis, the region will soon see a lot happening in terms of Franchise Sales!

RE/MAX Punjab has taken a new initiative of launching their regional newspaper “Punjab Realty Fortune” wherein in addition to covering some of the major highlights on the real estate market in the region, the newspaper also promotes the franchising opportunities with RE/MAX Punjab and various properties that are available in the region for sale.

RE/MAX India would like to wish all the very best to the region for all their innovative method of constant prospecting!

News from LLCRE/MAX

LINK:

https://aws.passkey.com/event/12093227/owner/1442864/home

Peyton Manning. Steven Tyler. Thousands of your closest colleagues, mentors and coaches. And, most importantly, you. That’s who will be at the 2015 R4 in Las Vegas, March 2-5. (But seriously, Peyton Manning and Steven Tyler?!)Register for the 2015 RE/MAX R4 today! By doing so, you’ll secure your spot for the event of the year with exclusive pricing of $525. But hurry – Early-Bird Registration lasts only through Jan. 14, 2015

Sneak peekThere’s plenty to see and do – and learn! – while you’re at R4. Want a sneak peek into who you’ll be seeing and learning from? Here it is:• Mitch Albom: If you’ve read Tuesdays with Morrie, the all-time best-selling memoir, you’re familiar with Mitch Albom’s work. Hear insights directly from the National Sportscasters and Sportswriters Association Hall of Fame member during Tuesday’s Morning Super Session.• Kevin Carroll: It’s all about play for Kevin Carroll. The former athletic trainer and consultant for Nike will help inspire you to turn creative ideas into reality – just as he’s done for ESPN, Starbucks and the Walt Disney Company.• Shawn Achor: He’s smart, he’s funny and he’s an expert on the correlation between happiness and success. The Harvard Teaching Fellow’s observations are sure to make you think, laugh and take action.• Peyton Manning, presented by Bank of America Home Loans: The NFL’s only five-time MVP, and current Denver Broncos quarterback, has found the keys to success both on and off the football field. He shares them to help you take your career to the top.• Darren Hardy: You loved him last year, and now he’s back by popular demand. Darren Hardy, publisher and founding director of Success magazine, weaves his personal experiences together as he shares the secrets behind extremely successful businesspeople.• Steven Tyler: Is there anything else that needs to be said? (But just in case: The Aerosmith front man and former American Idol judge promises to truly rock the Party With a Purpose on Thursday, March 5.)

Download the 2015 R4 brochure to discover what else you can expect from this year’s R4.

Mandalay Bay Resort & CasinoAll convention events, including sessions, social gatherings and meetings, will be held at the Mandalay Bay Resort & Casino. Reserve your room with special $209/night R4 pricing (and discounted $20/night resort fee) before the hotel sells out! Contact EDR Travel – which can also help you secure discounted rates for airfare, car rentals and other travel arrangements – or book your room online

2015 R4 Las Vegas (2nd - 5th March)


http://www.remax.com/newsroom/press-releases/remax-ranks-as-number-1-real-estate-franchise.htm

RE/MAX Ranked as #1 Real Estate Franchise

Recognized as Leading Franchise for 6th Consecutive Year

DENVER – For the sixth consecutive year, RE/MAX,

LLC has been ranked as the leading real estate

franchise in the 2014 Franchise Times Top 200. The

exhaustive annual survey is based upon 2013

worldwide sales and growth and includes franchisors

from a wide variety of business sectors.

In the 2014 Franchise Times Top 200:

· RE/MAX ranked #12 overall. The closest real

estate franchises were ranked #28 and #45.

· RE/MAX gained two places over its standing in

2013.

· RE/MAX also ranked #2 in the “Top 10 Sales

Growth” category.

Overall, four of the top five spots in the rankings were

claimed by fast food franchises, including No. 1

McDonald's, No. 3 KFC, No. 4 SUBWAY and No. 5

Burger King.

“Our philosophy at RE/MAX has always been very

simple,” said Margaret Kelly, RE/MAX CEO. “Attract

new franchisees by providing support services and

competitive advantages that help them succeed. It's

why we continue to grow, innovate and evolve.”

RE/MAX reported 2013 year-end performance:

· Net gain of 4,220 agents, a 5% increase

· 11 countries added to international footprint

· Franchise sales topped 700 for fourth

consecutive year

· Revenue up 11% over 2012

For the second consecutive year, RE/MAX was also

the highest-ranked real estate brokerage in

Entrepreneur magazine's 2014 Franchise 500.

RE/MAX was named on Entrepreneur's Fastest-

Growing and Low-Cost franchise lists and received

the highest global ranking among real estate

brokerage franchises.

Founded in 1973, RE/MAX completed a successful

public offering one year ago, and trades under the

ticker symbol RMAX on the New York Stock

Exchange. After four decades of industry

innovations, RE/MAX continues to adapt and change

with the real estate market and expand around the

world.


RE/MAX Anniversaries

RE/MAX North Gujarat


RE/MAX Chattisgarh

RE/MAX Kunvarji

RE/MAX Advantage

RE/MAX Corporate Services

Payal Shah

Anand Choksi

Pravin Tikariha

1

4

2

1

1

Name of the Region Broker Office Name Broker Owner's Name Number of Years

Name of the Region Broker Office Name Broker Owner's Name Number of Years

RE/MAX Rest of Tamil Nadu

RE/MAX South Gujarat

RE/MAX Assets ID

RE/MAX Property Clinic

B G Gayathri

Hardik Nayak

Anniversaries for the Month of September

Anniversaries for the Month of October

The World’s No. 1 Real Estate Franchise Network

5th

Anniversary

North & South Gujarat

Nobody in the world sells more Real Estate than RE/MAXR

RE/MAX

Complete

North and South Gujarat

Glorious Years with RE/MAX India5


Heroes of the Month

Top Listors for the Month of September & October

Top Transactor for the Month of September & October

P Nishanth KumarRE/MAX Real Estate Consultant

RE/MAX Hyderabad

Jigar PandyaRE/MAX Corporate Services


Sandeep PandyaRE/MAX Dreamz



Bijoy Vincent Masih RE/MAX Stonebridge

RE/MAX Karnataka

Vishal M Wadhwani

RE/MAX MumbaiRE/MAX Metro

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SUCCESSdoesn’t just comeAND FIND YOU,

you have to go out

and

Top Listings

Description: This is a penthouse for rent in prime richomd road for monthly rent. Building is emaculate and very well kept , the flat is 2500 sqft with terrace bar, artificial waterfall etc , this meant for ppl with fine taste and desiring of a luxurious life with adequate open spaces.

Broker Associate: Bijoy Vincent MasihBroker Office: RE/MAX StonebridgeRegion: RE/MAX Karnataka

Description: Office for rent at Siddhivinayak near divyabhaskar Commercial office space is available for rent at Ahmedabad near prahladnagar corporate road with all the facility and good connectivity, excellent surroundings and good infrastructural support.

Broker Associate: Sandeep PandyaBroker Office: RE/MAX DreamzRegion: RE/MAX North Gujarat

Description: Price includes One Covered Car Parking, Lift, Manjeera Drinking Water, Borewell (24 Water Supply) and Rainwater Harvesting Near Mount Litera Zee School, Gopal Reddy Colony, Kapra Muncipality Road.

Broker Associate: P Nishanth KumarBroker Office: RE/MAX Real Estate Consultant Region: RE/MAX Hyderabad

Description: 1 BHK FLAT on rent at sukh shanti apartments, six lane highway touch, changodar located at sarkhej- changodar road, 5-6 kms from sarkhej ujala circle with all amenities like, 4 hours professional security system Parking facility.

Broker Associate: Jigar PandyaBroker Office: RE/MAX Corporate Services Region: RE/MAX North Gujarat

http://www.remax.in/512022006-6





Realty Bytes

In a boost to cash-starved real estate industry, government today

relaxed rules for FDI in the construction sector by reducing

minimum built-up area as well as capital requirement and easing

the exit norms. The proposal to amend the FDI policy in

construction development sector was approved by the Union

Cabinet.

In view of depleting FDI inflow in construction and real estate

sector in last couple of years, the Cabinet decided to reduce the

minimum floor area to 20,000 sq mt from the earlier 50,000 sq mt.

It also brought down the minimum capital requirement to USD 5

million from USD 10 million. In case of development of serviced

plots, the condition of minimum land of 10 hectares has been

completely removed, an official statement said. Although

100 percent foreign direct investment was allowed in townships, housing and built-up infrastructure and construction

developments since 2005, the government had imposed certain conditions.

"These measures are expected to result in enhanced inflows into the construction development sector... It is likely to

attract investments in new areas and encourage development of plots for serviced housing given the shortage of land in

and around urban agglomerations as well as the high cost of land.

"The measure is also expected to result in creation of much needed low cost affordable housing in the country and

development of smart cities," the statement said. Although the Cabinet has not reduced the 3-year lock-in period, it has

permitted foreign investors to exit on project completion or 3 years from the date of final investment subject to the

development of trunk infrastructure. The government said the relaxation was necessary as FDI inflows in the sector,

which witnessed a steady rise during 2006-07 and 2009-10, have started declining.

"To step up investment in construction development with its backward and forward linkages for many other sectors of

the economy, it is felt that some liberalisation and rationalisation of the FDI policy...Could be the necessary catalyst to

give a boost to the sector," it added. Between April 2000 and August 2014, the construction sector received FDI worth

USD 23.75 billion or 10 per cent of the total FDI attracted by India during the period.

Realtors apex body CREDAI president C Shekar Reddy said it would help developers get an alternative route of funding

for their projects.

Govt relaxes FDI norms for construction, real estate sector

http://www.business-standard.com/article/pti-stories/govt-relaxes-fdi-norms-for-construction-real-estate-sector-114102901431_1.html


$20 Billion Property Trusts in India Delayed by Tax Rules

The Indian government has announced rules for setting up real estate investment trusts, vehicles that may spur $20 billion of property development. None of the money will be spent unless the country’s tax code is revised.

“REITs cannot take off in India until changes are made in the tax regime,” Anshuman Magazine, chairman of CBRE South Asia Pvt., said in a telephone interview from New Delhi. “Until these issues are resolved, there isn’t much incentive for developers to take the trust route.”

REITs will provide a new source of funds to debt-laden Indian developers to construct malls and office buildings, bolstering Prime Minister Narendra Modi’s efforts to revive Asia’s No.3 economy. Tax rules that make it unattractive to sell a security in less than three years and concerns about levies to be paid by builders may prolong the wait for greater transparency in a sector where asset pricing often is opaque.

The Securities and Exchange Board of India, the country’s market regulator, released rules for establishing REITs Sept. 26, giving investors the ability to participate in the country’s property market without investing directly. The trusts will have to own assets valued at least 5 billion rupees ($82 million) and investors must put in a minimum of 200,000 rupees, the regulator said.

SEBI doesn’t oversee India’s tax regulations, though, and for now those remain a deterrent to creating or investing in REITs, Magazine said.

Tax Hurdles

The tax bill for starting a REIT would be higher than for raising money through an initial share sale, Bhairav Dalal, associate director for tax and regulatory practice at PricewaterhouseCoopers in Mumbai, said in an e-mail. “Until a finance bill is passed to change certain rules, the tax cost might impact the returns offered to investors.”

Investors are disadvantaged by REITs because under existing rules shares in them must be held for three years before they are exempt from capital gains tax, unlike investments in “listed securities,” which gain the exemption after one year, Dalal said. There is also a lack of clarity on whether the developer setting up the trust would have to pay the so-called minimum alternative tax.

SEBI is in discussions with the finance ministry to resolve tax issues that may be hindering the listing of REITs, SEBI Chairman U.K. Sinha said in Mumbai on Oct. 8. He didn’t give a timeframe for when the code will be changed.

March 2016

Changes to the tax regulations aren’t likely to be announced before the presentation of the next Indian government budget in February, CBRE’s Magazine said.

The first REITs aren’t likely to be listed until late in the Indian fiscal year that ends in March 2016, said Anubhav Gupta, a Mumbai-based real estate analyst at Kim Eng Securities Pvt.

The property trusts pool investor money to buy real estate such as shopping malls, office buildings and rental housing. REIT-funded assets may reach $20 billion by 2020, according to an estimate from property-broker Cushman & Wakefield, of which as much as $12 billion could be raised in the first three to five years.

India has plenty of assets ready to be packaged into trusts. Asia’s third-largest economy has been in the top five global office markets for at least seven years, with average annual net demand of more than 30 million square feet (2.8 million square meters), according to Cushman & Wakefield.

Developer Debts

DLF Ltd. (DLFU), India’s largest developer by value with about 28 million square feet (2.6 million square meters) of operational rental assets; Prestige Estates Projects Ltd., a Bengaluru-based developer; Phoenix Mills Ltd. (PHNX), a Mumbai-based mall operator and Oberoi Realty Ltd. are among developers that will benefit listing REITs, Gupta said by phone on Oct. 7.

DLF yesterday was barred from raising funds in the market for three years by SEBI for failing to disclose information during its initial public offering.

The combined debt of the six largest Indian developers climbed to a record 394 billion rupees in the 12 months through March 31, more than double the 158.8 billion rupees in 2007, according to data compiled by broker IIFL Ltd. India has the highest borrowing costs among major Asian economies.


Karan Khattar

Venkatesh Ravi

RE/MAX Realty Investmart

REMAX Grand

Hardik Panchal

Dr. Jayendra Barad

RE/MAX Advantage

RE/MAX Advantage

RE/MAX Advantage

RE/MAX Advantage

RE/MAX Advantage

RE/MAX Stonebridge

RE/MAX Advantage

RE/MAX Solution Specialists

Shankar Bhalawat

Harshil Shah

Shivkumar Masand

Nageshwar Narayana

Vikram Bhavsar

Shubham Makhija

Ketan Barevadia

Nikhil Chandrakar

Gavita giroh

Punit D Thakkar

RE/MAX Propkonnect

RE/MAX Realty Investmart

Remax Highrise Realty

RE/MAX Matrix

Mr. Naresh KushwahRE/MAX Property Services

Bijoy Vincent MasihRE/MAX Stonebridge

Suresh Reddy RE/MAX Home Care

Vrajesh KumarRE/MAX Real Estate Consultants

Ujjwal ShorewalRE/MAX Galaxy Realty

AV. Mohan Rajj

V.Udaya banu

Roop Narain

RE/MAX Winners LPC

RE/MAX Winners LPC

RE/MAX Corporate Services

RE/MAX India Welcomes its New Broker Associates (September)

RE/MAX India Welcomes its New Broker Associates (October)

Region Name Office Name Name

Region Name Office Name Name

RE/MAX Delhi NCR

RE/MAX Greater Vishakha

RE/MAX Delhi NCR

RE/MAX Chennai

RE/MAX Chennai

RE/MAX Haryana


RE/MAX Mumbai


RE/MAX Gujarat

RE/MAX Gujarat



RE/MAX Bangalore


RE/MAX Delhi

RE/MAX Delhi

RE/MAX Delhi

RE/MAX Madhya Pradesh 1

RE/MAX Bangalore

RE/MAX Bangalore

RE/MAX Hyderabad


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