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Raju Kanchwala, CEO & MD of JP Infra shares his insights on real estate ecosystem of Navi Mumbai & his expansion plan – Exclusive with 9 AM Stories

Q. According to you how is the residential real estate market picking up in Navi Mumbai?

We are noticing steady demands in residential segment, especially in Navi Mumbai region with a few exceptions like Palm beach Road, Koparkhairane due to availability of a wide range of properties in the vicinity. We have seen a rise of 2 to 14% in demand on quarter to quarter basis.

Q. Which projects have you launched recently and how are the responses till date?

We launched a project in Taloja Kharghar annex, which is a theme based project, with top-class amenities. We received a phenomenal response on launch and seeing a 2% increase in demand on quarter to quarter basis.

Q. What is product expectation from consumers for your upcoming developments?

The decision making parameters for purchasing properties have changed a lot in recent times.

In today’s time, a customer considers a lot of things before he/she makes a decision, such as return on investment, connectively, better carpet area, amenities, availability of parking space and good payment plans.

Customer looks at buying home with committed timelines for possessions.
We have noticed these changes and are continuously evolving keeping them in mind.

 

 

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Q. As a CEO of the organization, what business goals you have set for your brand in next 3 years?

In next three years we will like to hand over the keys as per our commitment and a few ambitious projects are in line, which will be set new landmarks in the industry, not just in Navi Mumbai but globally.

Q. If you could give any advice to our readers who are planning to invest in residential property what would it be?

I believe that today is the right time for a family to invest into their dream home. Today homebuyers and investors have best of the offerings, in terms of prices, in terms of choices, in terms of payment plans.

I would say "Buy Now".

 
 

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