“Our Clientele aspires for more than match boxes!”
Mohammed Ali Vakil, Director – Marketing, Customer Care, R & D and IT, Vakil Housing Development Corporation, speaks about his company and the real estate industry.
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Kanakapura: Hot destination in lukewarm realty?
Real estate is an industry that never says die. Despite the economic recession and property sales’ diminution, there is an area in Bangalore that is flourishing with developers’ projects, finds out Bindu Gopal Roa.
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A Tribute to the Heroes of India
Let us salute the true Martyrs of India with great honor. Let us honor the brave hearts, who never turned back to sacrifice their lives in order to save the nation from the brutal terror attack took place in Mumbai on Nov 26th 2008. They are the real Heroes of our country and the entire nation is proud of them.
“Do not come up, I will handle them“, these were probably the last words which Major Sandeep Unnikrishnan told his men as he was hit by bullets while engaging terrorists inside the Taj Hotel Mumbai.
These are significant losses as one cannot replace them overnight or muster the art of fighting modern day terror in one day.
A salute to mighty hearts – Major Sandeep Unnikrishnan (NSG) commando from Bangalore, (IPS) officers – police commissioners Ashok Kamte and Sadanand Date from Mumbai, National Security Guard Havildar Gajender Singh, Hemant Karkare, the chief of Mumbai (Anti-Terrorism Squad) and others.
Our deepest sympathies and condolences to the victims and their families of the terrorist attacks.
Is this the right time to buy property?
Times of India have an interesting article today addressing the very question that’s present in the minds of everybody who’s thinking of picking up a plot, flat or home. Is this the right time to buy property, in India, specifically Bangalore?
The Answer:
Unfortunately, the answer is not a simple yes or a no, but a “it depends”. It depends ofcourse, mainly on Why you want to purchase the property in the place? Is it your first home, second home, it it purely an investment? If it is an investment, is it short term, long term? etc. What I was personally liked about the article is that it directly clarifies that there is much more to buying property than market dynamics. Here’s an excerpt from the article that speaks more on this:
An owned house is an asset that is passed down generations. Here, a home comes with a baggage of emotional attachment. It forms the firm roots in a city that people depend on. It is a huge asset to own in a city like Bangalore.
There is more to owning a home than just the financial gains over a period of time. Invariably, for many endusers, these gains remain notional as they rarely sell the house bought to live in. A home for them is a dream realised. No matter what the cost, it is a haven to come back to everyday. This is an investment that pays off every evening after a hard day’s work when you come back to its comforts.
As the city expands, everyday destinations such as the workplace, entertainment spots, shopping belts and social avenues spread out. New localities emerge and each one has its unique characteristics. Location therefore is a vital aspect of any property. Premium and sought-after locations are always few like corner sites in a layout. Therefore, a good location is not always available. If a location suits you well, it is never too early to pick up the option.
My Personal View:
Regardless of what the media says, here’s my personal view on the matter. If you are looking not for just any property, but a home; specially if it’s a first home or a second home where you plan to move into because of either convenience or because you’ve fallen in love with it. If that’s the case then just follow your heart. Ofcourse do check the fundamentals, ie see if the price is right, that it suits your budget, the legals are in order etc. etc. But don’t worry too much about the market. The ups and downs will continue regardless. Bangalore has seen two booms and two slumps so far and there are many more to come. These booms and slumps are for active investors and traders traders in property who want to make money on every deal they make. Not for those who’re looking for a home to move into.
However speaking of investors, I also still believe that there are good deals in todays market for those looking to invest in property. If the fundamentals are strong (ie clear titles, area where growth is expected etc.) you cannot go wrong in the long run.
My views above are completely frank and unbiased. They would remain the same whether I would be in the real-estate business or not.
Fro the complete Times of India article title, Is this the right time to buy property, click here.
Congratulations to ISRO for launching India’s first Moon mission
We would like to congratulate ISRO towards their successful efforts in Launching India’s First Moon Mission. It’s gives all Indians great pride in their country!
Excerpt from BBC:
India has successfully launched its first mission to the Moon.
“The unmanned Chandrayaan 1 spacecraft blasted off smoothly from a launch pad in southern Andhra Pradesh to embark on a two-year mission of exploration.
The robotic probe will orbit the Moon, compiling a 3-D atlas of the lunar surface and mapping the distribution of elements and minerals.
The launch is regarded as a major step for India as it seeks to keep pace with other space-faring nations in Asia.
It was greeted with applause by scientists gathered at the site.”
A Business’s ultimate purpose
We recognize that any business has an ultimate purpose – to serve humanity, and we all should give something back to the socieity. Keeping this in mind Vakil Housing Team has started certain welfare initiatives:
Bangalore Food bank
We collect food grains from each household by giving a 5 Kg capactiy plastic jar. Once the jar is full with grains, we collect the jars and distribute it to the needy.
Left over Food Collection
We collect left over foods from wedding functions and other parties to distrubute to the poor and needy.
Old/Used Clothes Collection
We have started a campaign to collect old clothes which can be used by the need and poor in Bangalore.
Some of the NGOs associated with us are:
* Sri Rukum School for the Blind – Indranagar – Bangalore
* Asaktha Poshaka Sabha – V V Puram – Bangalore
* Sneha Nilaya – Langford Gardens – Bangalore
* The Assocation of People with Disability – Lingarajapuram – Bangalore
* Bsoco Mane – Chamarajpet – Bangalore
* Samarthanam Trust for the Disabled – J P Nagar – Bangalore
Those who are interested and keen to join the campaign for this worthy cause may please contact us.
Thanking you and may the Almighty Bless you for your contribution.
Rajan Narayan
Manager – Public Relations
+91-9945549094 | rajan@vakilhousing.com
Vakil Housing’s new Corporate Video
We recently created a new version of our Corporate video, and would like to share this with all our readers.
Girish CEO, on Zee Business Panel
Girish HR, CEO of Vakil Housing Bangalore compares the major metros in India with the panelists on Zee Business show.
Vakil Housing makes GTD history in India
Recently 4 team members of Vakil Housing got certified to be GTD inhouse trainers. We have become the first company in India, perhaps in Asia to be trained in GTD and have in house trainers. For more details please see the post below on GTD Times:
http://www.gtdtimes.com/2008/10/03/vakil-housing-makes-gtd-history-in-india/
Farewell, Dear Ramadhan (An excerpt from our Internal Blog)
O Dear Ramadhan, you’re leaving us already?
Please stay back, just for another day or two;
your delicious Iftar treats will be missed dearly
So quick this month will pass away, we really never knew.
