SME WORLD Bureau
September, 2014
State of Real Estate
Seeing the explosive growth in the real estate sector, commercial as well as residential properties have got a huge demand with increasing number of players in the commercial business and as well as rise in demand of residential properties.
Developers have become aware of the potential which lies in tier 2 and tier 3 cities as they are miles away from city hustles with calm and serene atmosphere prevailing in such areas, most of the new customers aim to buy homes in these areas.
The real estate sector is also witnessing a huge employment drive due to the new developments in several cities and will be the second largest employment industry globally.
According to a JLL report, Tier 2 & Tier 3 cities like Kochi, Surat, Mohali, Coimbatore, Lucknow, Nagpur, Kanpur, Vadodara and Chandigarh are targeted by developers as they are prime avenues as well as by investors, where potential growth can be seen to be happening in the coming times. Also, the price rise in such areas is quite gradual which means, the scope of buying bigger homes at reasonable prices is also quite high.
Why Uday Homz?
UDAY Homz, a pioneering name in the real estate industry is venturing to change the trends, perception and persona of this industry with its bold move to provide excellent professional services apart from ensuring good customer service which is a rarity today. Under the stark leadership and valuable expertise of Gaurav Yadav, the firm has flourished and is on the growth path to success. Gaurav's association for over half a decade with the NRI as well as Western clientele gave him a crystal clear idea on the reason to set up his venture with a name that is recognised nationally as well as internationally. The transition from USA to India also aided his experience of incepting UDAY Homz as he worked in India for a few years as well to understand the loopholes in professionalism and customer service. This is when the idea of UDAY Homz sparked in his mind. “UDAY” as the name refers to the rising; similarly, UDAY Homz was Gaurav's brain child which eventually was incepted in 2012. The gap in providing complete services and professionalism are at the brink of extinction in the real estate sector, which are two core areas where Gaurav's focus is to give UDAY Homz its wings.
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