communiquÉ - real estate developers & builders in mumbai… · communiquÉ june 2015 volume 1...

COMMUNIQUÉ

JUNE 2015 VOLUME 1 / ISSUE 2

1 MESSAGE FROM THE MD’s DESK

Mr. Sanjay Chhabria

6 NRI - UNLEASHING THE UNTAPPED POTENTIALRadius goes international

2

THE UNVEILING OF PERFECTIONRadius launches The Epitome at Imperial Heights

5

THE RIGHT WAY IS THE SAFE WAY44th National Safety Awareness Campaign at Radius

7

SUCCESS HAS A NEW ADDRESSRadius is now at ONE BKC

3 THE SUCCESS STOREYS

Successful commencement of handover process at ONE BKC

8

AN INVESTMENT IN EDUCATION, PAYS THE BEST INTERESTRadius partnered with NAR-India for an education initiative

4 THE REAL ESTATE REGULATION AND

DEVELOPMENT BILL DEMYSTIFIEDRadius point of view

9

AWARDS & ACCOLADESRadius bags ‘Corporate Governance of the Year 2015’ AwardRadius honoured with Silver Abby Award

COMMUNIQUÉ

It gives me immense pleasure to present to you the second edition of Communique. A host of new content and updates have been featured in this edition, to keep esteemed patrons like you abreast with all the developments across Radius projects.

Our Company philosophy ‘Built Around You’ runs across all our operations breathing life into all our projects. Our vision is pivoted on the axis called ‘You’. It is people like yourself who complete our circle of work, adding to our success story.

History is made when ambition meets commitment and we are committed to serve your ambition of a better life, a better home - a better tomorrow. Let’s recompose the circle of life with richer hues, a better view and a whole new Radius.

(Sanjay Chhabria)

Actual Photograph

/ 1JUNE 2015 VOLUME 1 / ISSUE 2

MESSAGE FROM THE MD’s DESKMr. Sanjay Chhabria Managing Director

Radius Developers

Radius proudly launched one of its most premium tower– ‘The Epitome’ at Imperial Heights. An elegant blend of solitude and impeccable connectivity, the project offers premium interiors and spacious layouts.

This momentous occasion was celebrated with two events which were a sterling success.

One event was held for the loyal customers of the Radius brand residing in the other two towers at Imperial Heights. The event was attended by more than 300 families. We have garnered almost 30 per cent of our business through the existing customers of the Radius Family.

The second event was held for our channel partners which was attended by over 400 of the most influential realtors in Mumbai.

The Epitome at Imperial Heights

THE UNVEI L ING OF PERFECT ION

Radius successfully launched the premium

tower – ‘The Epitome’ at Imperial Heights.

Customer Loyaty Event at Epitome

Channel Partners Event at Epitome

Kids Enjoying at Customer Loyaty Event

Actual Photograph


ONE BKC is proud to announce its first few occupiers - Bank of America,

Trafigura, ICICI Prudential, State Street Bank, ICBC Bank, Brookfield,

Olive Group and Starbucks.

THE SUCCESS STOREYS

Right at the nerve centre of Bandra Kurla Complex, ONE BKC presents itself as the power axis of commercial centres. With smart, spacious and customized office spaces tailor-made for the business needs of tomorrow, it aims to offer Mumbai a new and futuristic corporate corridor.

This April 2015 has marked the commencement of the handover process. The OC (Occupation Cetificate) for A Wing has been received.

Staying true to our philosophy of ‘Built Around You’, to provide our customers with an exceptional experience, we have appointed CBRE as the Property Management Company. A firm of world class finesse, CBRE has been recognised as a global leader in real estate services and investment.

In continuation with our brand philosophy the entire customer experience was made memorable with clear and transparent discussion on fit-out work. The handover process is in full swing and there is much jubilation among clients to embark on their new journey.

The entire team at Radius feels honoured to have been a part of this joyous occasion.

Ribbon Cutting Ceremony by a Client

ONE BKC Handover EventGift Handover Ceremony


Actual image

THE REAL ESTATE REGULAT ION AND DEVELOPMENT B I L L DEMYST IF IED

For decades developers could get away, thanks to an acute housing shortage, lack of organised resistance among buyers, avaricious political patronage and the absence of any governance frameworks and redressed mechanisms. The Bill puts in place a sector-governance framework across four broad areas mention below.

The proposed bill brings in a much needed structure to monitor and provide oversight of this largely fragmented but critical industry. The wide ranging implications of this regulation will change the way the real estate business is conducted. Certain critical elements of current practices are not customer centric. Radius welcomes the changes that bring in transparency and fairness.

portion of sales to within the project to avoid developers investing in other projects. Further, to ensure uniformity of practices each project is expected to register with a regulatory authority along with critical information relating to the project. Such information covers key parties involved and importantly, the layouts that are approved by local authority. This enables that all project information would be readily available to customers that is currently not forthcoming.

The intention of this enactment is in line with international standards and forward looking developers need to evolve their business models to be even more customer centric and transparent. The success of this act will bear fruit over the next few years and will not be instant. The real estate sector in a developing economy has

title, pace of approvals and changing urban planning rules. In India, land is a state government subject and each state needs to then roll out this act based on federal (central) government.

Clearly, this alignment needs to be done not only in a practical manner that is lucidly understandable by customers but also should make the industry sustainable and robust. The robustness is vital for a healthy eco system where in a compliant developer should be adequately rewarded with fair returns and the industry should also impose self-regulation against the government adding one more layer to the already long list of approvals needed to make

simplify the development approvals and push for a single window clearance and the local level.


“Regulations will be effective if uniformly applied to everyone in the eco system,including developers and also authorities that grant permissions and approvals.”

Ashish ShahCOO, Radius Developers

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In-house training activities were conducted by highly trained safety professionals from our Site Safety Team and fire officers from Goregaon fire station.

A medical check-up booth for all employees and a blood donation camp was also set up by Seth G.S. Medical College and KEM Hospital, where 78 members from the Radius staff happily volunteered and donated for a good cause.

The key points covered during the awareness campaign were:• Electricalsafetytraining• First-aidtraining• Hotworktraining• TrainingonproperuseofPPE• Firefightingtraining• Heightworktraining.

National Safety Week at ONE BKC Fire Fighting Training at The Epitome

Blood Donation Camp at ONE BKC Safety Message at Viceroy Park

THE R IGHT WAY IS THE SAFE WAY

Safety begins at home! Radius believes in being conscientious and inculcating the importance of safety amongst our staff and workmen. As an initiative to create

awareness on safety we celebrated the 44th National Safety Awareness Campaign across all our sites including ONE BKC, The Epitome

and Viceroy Park.

The 44th National Safety Awareness Campaign


NRI - UNLEASHING THE UNTAPPED POTENTIAL.

Radius goes International...


Radius got overwhelming response in various NRI market within 45 days of International outreach through established exhibi-tion expo, customized roadshow and investors meets in countries like Abu Dhabi, Dubai, Hong Kong, Singapore, London. Watch out for USA and UK outreach programs.

Heartwarming response by NRI markets, which is currently estimated as a 20%

contributor to sales volumes by industry specialists.

RADIUS’ GLOBAL FOOTPRINT:

DUBAI OFFICE

Snehal Kolambe +971 563703887

SINGAPORE OFFICE

Mr. Bhavya Kaushal +65 94245418

EMAIL US AT :

[email protected]

India is taking its place amongst the world’s most rapidly developing economic powerhouses as an important member nation of BRICS. It’s growth story has recently been catalyzed by Prime Minister Narendra Modi and his Government’s initiatives like Housing for All by 2022, Make in India, 100 Smart Cities and a move towards Digitisation. With important infrastructure initiatives like DMIC, Mumbai’s growth will skyrocket further. The country has seen signi�cant positive upward trends towards the Investment from Non Resident Indians (NRIs) in various sectors, especially in Real Estate. This has further contributed towards a buoyant environment for the country, allowing it to grow at 7+% rates.

HDFC Property Expo, LondonIndia Property Fest, Abu Dhabi

Sumansa, Dubai India Realty Revelry, Singapore

Stable Central Government Exchange rate favourable for investments in India.Fast track movement in government policies for real estatePositive investor sentimentsMore feasible options of returns in real estate Being able to foresee the large current and future untapped potential in international market keeping NRIs in mind

SUCCESS HAS A NEW ADDRESSRadius is Now at ONE BKC

Radius has embarked on a new journey and moved into BKC’s newest success ‘storeys’, ONE BKC. The new office marks the beginning of yet another important milestone on the path to even greater success. ONE BKC houses one of the largest automated car parks in Asia and is an IGBC LEED Pre-certified Gold building with an A+ grade.

The concept design is centred on a unique layout with a collaborative environment implemented all through the office space. The office boasts of an open door culture and ample informal discussion areas where different groups meet, work and brainstorm. It is an elegant blend of contemporary architecture with a modern outlook. Hence incorporating a new work culture, which borrows inspiration from corporate and hospitality environments.

To experience this workspace, feel free to write us at [email protected] or call us at the Radius Care Desk - 1800 121 9090, for a private tour of our corporate office. We promise that it will be time well invested.

Cafeteria

Greg Farrell - Executive Director, Aedas

Guests arriving at the Opening Ceremony

Informal Discussion Area


Our office has been designed by Aedas Hongkong team, a leading global architecture and design firm led by Greg Farrell. Known for creative excellence in design, Aedas boasts of a global presence and a commitment to cutting-edge R&D. Their work is a testament to their desire to deliver design excellence to clients wherever in the world they maybe.

The opening ceremony took place in May 2015. Over 700 esteemed guests blessed this

momentous occasion.

Pooja at ONE BKC Office

AWARDS & ACCOLADES

Mr. Sanjay Chhabria receiving the trophy from Mr. Niranjan Hiranandani, Co-Founder & Managing Director, Hiranandani Constructions. Also seen in the picture (starting from left) Mr. Murari Chaturvedi, Chief Editor,

Accommodation Times and Mr. Rajiv Sabharwal, Executive Director, ICICI Bank.

Radius honoured with Silver Abby Award The ABBY Awards are the Oscars of Indian ad awards and honour creative excellence in advertising. Radius Developers have been recognised for their original and innovative creative work and were honoured with a Silver ABBY for their impactful 3-Dimensional Direct Mail.

Radius bags ‘Corporate Governance of the Year 2015’ Award

No attribute is as much of value as trust, we at Radius fuel our work and vision with the trust that our stakeholders place upon us. The ‘Accommodation Times’ has recognised this commitment and awarded us with the ‘Corporate Governance of the Year 2015’ title.

and vision with the trust that our stakeholders place upon us. The ‘Accommodation Times’ has recognised this commitment and awarded us

‘Corporate Governance of the Year 2015’ title.


We are humbled and further motivated to push the envelope of transparency and trust among our customers, stakeholders and associates.

The Accommodation Times is one of India’s oldest newspapers, founded in 1986, and reports exclusively on real estate. It also offers courses through the Accommodation Times Institute of Real Estate Management.

AN INVESTMENT IN EDUCATION, PAYS THE BEST INTEREST

Opening Remarks

Mr. Ashish Shah, COO and Mr. Bhavik Bhandari, VP Marketing

addressed the delegates present at the event and expressed their

happiness on finding a learned group of a realtor body present at

the Program, who were a representation of the evolution of the Indian

realtors. Radius believes an enlightened Realtor is the perfect marketing

aid for developers and together this team can create win-win situations

for the entire Real Estate fraternity.

The event was a stellar success and was attended by 120 delegates

across India.

Radius is poised to be active in such initiatives to further strengthen

the bond with real estate channel partners and the fraternity at large.

Apart from the NAR event, Radius has also partnered in other such

initiavtives hosted by South Metro City Association of Realtors (SMART)

and Real Estate Agents Association of Kandivali (REAAK).

Radius partnered with the National Association of Realtors (NAR) - INDIA for

a two day education conclave - “Realtors Redefined”, which was hosted by

the Association of Real Estate Agents (AREA Group).

The workshop was conducted by international trainers Mr. Belton Jennings &

Mr. Richard Mendenhall, our eminent pannelists from the NAR-USA Chapter.

Radius partnered with NAR-India for an education initiative

Mr. Bhavik Bhandari, VP Marketing with NAR Core Team


Core Team for NAR Event

International Trainer from US Training the Participants

Mr. Ashish Shah, COO, Radius Developers sharing his views on Real Estate


Corporate Office: Wing A, Level 14, ONE BKC, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051 www.radiusdevelopers.com

Connect with us: Customer Care Desk - 1800-121-9090 | [email protected] | Follow us on: .

Disclaimer: The information contained in this Comunique is for general information purposes only and is subject to change without any notice at our sole discretion. All the plans, designs, images, specifications, dimensions, facilities and other details contained herein are purely indicative in nature and the intended recipient should note that these are to be treated as purely provisional and informative and as such only tentative subject to the approval from respective authorities. We reserve the right to modify / change / amend / alter any of the aforesaid in the best interest of the development without prior intimation / notice and without any obligation. The contents herein should not be constructed as an offer / invitation to offer / contract. Any party desirous / interested in the project need to enter into agreement for sale and the development / transaction shall be governed by the terms and conditions of the agreement for sales. The printed material inter alia images, content therein is for representative purpose only.

An address that connects with a world of luxuries. It’s where the prodigies return, where the icons unwind, where the opulent turn humble. It is BKC Annex - what the cream of society calls home. This unique gated community is strategically located near prime infra zones and CBDs like BKC. Be it a walk to work or a quick drive to the airport nothing stands between you and success.

SUCCESS IN ALL ITS GLORY...COMING SOON

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Customer Care Desk - 1800-121-9090 | [email protected] | Follow us on: . Customer Care Desk - 1800-121-9090 | [email protected] | Follow us on: . Customer Care Desk - 1800-121-9090 | [email protected] | Follow us on: . Customer Care Desk - 1800-121-9090 | [email protected] | Follow us on: . Customer Care Desk - 1800-121-9090 | [email protected] | Follow us on: .

communiquÉ - real estate developers & builders in mumbai… · communiquÉ june 2015 volume 1...

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