Bhavik Bhandari, CSMO, Ashwin Sheth Group

With rising demand for properties, the Indian real estate market is steadily expanding. In major cities, sales increased by a record 68% over the previous fiscal year. The luxury or premium segment was responsible for 50% of this growth the previous year. According to Knight Frank India, 75% of homebuyers choose to purchase within their familiar micro-market of western suburbs. Mumbai’s market for luxury homes experienced a notable upswing, with 533 units sold in H1 2023 as opposed to 419 in 2022. Due to such rising demand for purchasing, ‘Jodi flats’ or duplexes to enjoy the sumptuous space are becoming more and more popular among purchasers who desire larger luxury apartments. Due to its excellent connectivity and social infrastructure, Mumbai’s new metro connectivity has made it a popular residential destination, drawing significant business and IT activity, and increasing demand for residential housing. This trend is anticipated to continue into 2024, propelled by ultra-HNIs and high-net-worth individuals.
Read more “The Rise of Spacious Homes and Community Recreation in Western Suburbs!”

Bhavik Bhandari, CSMO, Ashwin Sheth Group

In the vast tapestry of Mumbai’s real estate landscape, Kandivali is emerging as a vibrant canvas that is drawing the attention of both homebuyers and investors alike. This thriving suburb has recently witnessed an unprecedented surge in residential demand, particularly for 3 and 4 BHK apartments. According to data analyzed by Knight Frank India, in March 2023, the Western suburbs of Mumbai commanded a staggering 62% share in sales registrations. This remarkable uptick in demand isn’t merely a transient blip; it signifies a fundamental shift in the preferences of today’s discerning homebuyers. As we delve deeper into the factors driving this surge, it becomes evident that Kandivali is poised to become a prime residential destination within Mumbai’s ever-expanding real estate market.
Read more “The Rise of 3 and 4 BHK Apartments in Kandivali”

Deepak Naidu, Chief Project Officer, Ashwin Sheth Group

The world of construction and concrete technology is constantly evolving, driven by the ever-growing imperatives of sustainability, efficiency, and innovation. In recent years, several salient trends have emerged in concrete, redefining the very foundations upon which we construct our buildings. These evolving developments are not only reshaping the landscape of the construction industry but are also influencing the choice of concrete equipment. As the world seeks more advanced solutions, we must explore the foundation materials that go into making these transformative developments.

Read more “Solid Foundations: Exploring the Trends in Concreting”

Bhavik Bhandari, CSMO, Ashwin Sheth Group

There has been a noticeable shift in the real estate market with millennials eagerly opting to invest in luxurious properties. Millennials now comprise a significant portion of the workforce, earning higher incomes and are thus accumulating wealth at a faster rate than the previous generation.

Read more “Millennial’s Quest for Meaningful Luxury Abode in Mumbai”

Bhavik Bhandari, CSMO, Ashwin Sheth Group

In today’s fiercely competitive business landscape, achieving sustainable growth is a top priority for companies. While this growth can be attributed to various factors, effective marketing plays a pivotal role in driving revenue, expanding market share, and enhancing brand value. Marketers act as the architects of a company’s image and reputation, and their strategies have the power to shape customer perceptions, attract new prospects, and ultimately boost the bottom line.

Read more “Driving Success: Marketer’s Role in Business Growth”

Prabhakar Azad, CPPO, Ashwin Sheth Group

Promoting employees’ mental health and well-being has evolved from being a nice-to-have to being a crucial element of success. Recent years have seen a rise in the importance of workplace mental health, and studies show that employees prioritize a stress-free atmosphere over higher income. The fast-paced and high-pressure nature of the real estate industry, where transactions, negotiations, and market volatility are the norm, makes it crucial for businesses to place a high priority on their employees’ mental health. Just under one in four (23.6%) people in the real estate industry reported having mental health issues, according to a report in the UK.

Read more “Mental Health in Real Estate: How to support wellness for your employees?”

Bhavik Bhandari, CSMO, Ashwin Sheth Group

Mumbai’s real estate landscape is a dynamic and ever-evolving one, with its Western suburbs emerging as a prime hub for homebuyers in recent years. These suburbs have transformed into vibrant residential hubs, offering an attractive blend of modern amenities, connectivity, and lifestyle opportunities. Nestled within this burgeoning landscape, Kandivali has not only kept pace with the transformation but has often led the way. In March 2023, the Western suburbs dominated sales registrations, capturing an astounding 62% of the market share. This surge in registrations not only reflects the increasing demand for residential properties in the western corridor but also highlights Kandivali as one of the preferred destinations for new homebuyers in the Mumbai Metropolitan Region.

Furthermore, one of the key reasons for Kandivali’s popularity among homebuyers is its status as an end-user market. Unlike some areas that are primarily investment-driven, Kandivali offers a lifestyle that appeals to those seeking spacious long-term residences. Talking of spacious residences, recent years have witnessed notable trends. The preferences of homebuyers have evolved, with a growing emphasis on spaciousness and comfort.
Read more “Kandivali: A Beacon in Mumbai’s Real Estate”

Prabhakar Azad, CPPO, Ashwin Sheth Group

October is a month to spread awareness about the Mental Health and this year’s theme is ‘Mental Health is a universal Human Right’. As rightly mentioned, a healthy mind resides in a healthy body, we need to understand the importance of mental health and wellness.

The first question is what is wellness, is it that we are functioning so we are all well or is it that we can perform the daily chores so we are well?

Read more “Mental health Is a Universal Human Right in the Work Place”