The Outstanding Real Estate Companies To Watch In 2023, Vol-04”

THEOutstanding REAL ESTATE COMPANIES TO WATCH IN 2023

J U RY PA N E L Malika Sadani Mohit Khattar Sudipta Ghosh Founder & CEO ,The Moms Co CEO, Baskin Robbins Partner, PwC Vandana Shah Dr. Minnie Bodhanwala Author, Lawyer, CEO, Wadia Hospitals Social Entrepreneur ILnEdAiaDnERSHIP SUMMIT & AWARDS 2023 2nd December Pune Organized By Magazine Partner 2023 Media Partner THE BUSINESS F ME Call for Nominations Education Partner RSVP : +91 8421361724 Email : [email protected]

Enhancing the Living by innovation and digital transformation in the following Experience year. The year 2021 has ushered in a new asset class of autonomous floors in gated communities. This need is The real estate sector restored buyer and investor expected to increase in the future years, according to confidence and picked up growth momentum businesses. thanks to its consistent performance and speedy recovery. In this edition “The Outstanding Real Estate Companies To Watch In 2023, Vol-04” of The Business Fame, rounded According to the Knight Frank research 'Real Estate some of the top real estate professionals who have made Outlook 2022,' real estate business is expected to rise their mark on the industry through achieving exemplary steadily in 2022. Residential segment - According to the millstones in the industry. Anarock research, the residential sector had a 27 percent increase in new supply from January to September 2021, The cover is featuring The Hayer One Group which is compared to the same period in 2020, while sales increased Specializing in both commercial and residential by 5%. developments. At Hayer One Group, they proudly offered premier living conditions at reasonable prices, ensuring that Despite the pandemic's commercial difficulties, the industry everyone could experience the best that life had to offer. had a significant return. The real estate sector swiftly gained Their developments featured breathtaking scenic views, traction, buoyed by solid economic expansion. The allowing residents to enjoy nature's wonders while pandemic-inspired trends, together with low mortgage rates, maintaining privacy. What truly distinguished them was affordability, and other positive variables, fueled real estate their unwavering commitment to preserving land values and expansion in tier 2/3 cities, which is expected to continue to improving the aesthetic appeal of their projects, making lead the industry in the future years. Investors and them more appealing to potential buyers. customers alike favoured new asset classes such as hi-street and multifunctional commercial premises. Similarly, large- At the heart of Hayer One Group's success stands Mr. scale residences have emerged as a popular choice in Chetan Hayer, the passionate Managing Director driving residential township developments and will continue to the company's remarkable growth and innovative approach drive real estate expansion in the years ahead. The real in the real estate industry. estate sector is expected to have a big year in the next year, thanks to robust demand, changing trends, and new growing While we come to the end, please do not forget to read the markets driving growth. CXO standpoints written by industry experts and the informative articles penned down by our in-house editorial The housing industry was fast to embrace digitization and team. innovation, and it also saw a shift in demand, with consumers preferring products with best-in-class facilities. Have a lovely read! Working from home has become a prominent undercurrent in influencing homeowner preferences. In 2022, the key players predict brisk house sales activity to continue, the city's perimeter to remain the most in-demand location, and flexible job possibilities to continue to affect housing selections in novel ways. The epidemic has changed real estate trends, with developers emphasising uniqueness and customer-centricity as primary priorities. This industry's growth will be fueled

EDITOR-IN-CHIEF It is always the small beginnings that lead Merry D'Souza to something big, something worth taking MANAGING EDITOR risks for. Setting on the journey of Lauren Smith entrepreneurship, we have, for years, worked towards a common goal- of CREATIVE DIRECTOR showcasing, catering, and delivering the James Miller industry insights to all types of businesses. DESIGNING HEAD FOLLOW US Jenny Jordan www.facebook.com/TheBusinessFameMagazine/ BUSINESS DEVELOPMENT MANAGER www.twitter.com/tbf_magazine Kelly Jones , Alison Peace, www.linkedin.com/company/the-business-fame/ Daniel Wright www.youtube.com/channel/UCGfktpU-vc2dcJXenFVr2Cg MARKETING MANAGER Zoya Malik www.instagram.com/the_business_fame/ DIGITAL MARKETING HEAD www.thebusinessfame.com/magazine/ Ron Davis [email protected] ART & DESIGN DIRECTOR Jacob S. DIGITAL STRATEGY & MARKETING HEAD R. Sharma PRODUCT & TECHNICAL HEAD Fran M CIRCULATION MANAGER Eric Gilbert

Hayer One Group 16 22 28 24 Brand Story : Uber Success of ride hailing startup to global brand- uber 30





THEOutstanding REAL ESTATE COMPANIES TO WATCH IN 2023

COVER STORY CHETAN HAYER - MANAGING DIRECTOR HAYER ONE GROUP Setting New Benchmarks in Kenyan Real Estate by Offering Quality and Excellence

In the busy real estate market of Kenya, one company has emerged as a true industry leader: Hayer One Group. Well-known for its unwavering commitment to high safety standards and quality, this dynamic real estate development company has been transforming the landscape of residential apartments and office spaces in the region. Founded with a resolute vision to address the prevailing concerns regarding quality in Kenya's real estate sector, Hayer One Group is setting new benchmarks and raising the bar for excellence. By focusing on creating value for all stakeholders, including employees, investors, suppliers,

bankers, contractors, and, above all, its valued customers, At the heart of Hayer One Group's success stands Mr. the company has become a driving force behind the Chetan Hayer, the passionate Managing Director driving positive transformation of the industry. the company's remarkable growth and innovative approach in the real estate industry. Mr. Hayer brings a wealth of With an unwavering dedication to quality, Hayer One knowledge and expertise to his role, with a strong Group is revolutionizing the perception of real estate academic foundation in Civil Engineering from Mumbai, development in Kenya. By implementing stringent safety India, and a Masters degree from Boston, USA. measures and adopting innovative construction techniques, the company ensures that every project it undertakes Having gained invaluable experience during his tenure at reflects the highest standards of craftsmanship and KPMG-Boston, Mr. Hayer developed a keen eye for detail durability. and an exceptional work culture methodology. This unique background has shaped his approach to real estate Guiding Hayer One Group to New Heights development, emphasizing meticulous attention to market trends, future opportunities, and assembling the right team to execute each project. Recognizing the importance of key parameters that contribute to the uniqueness of a project, Mr. Hayer's strategic vision ensures that every endeavor undertaken by Hayer One Group is innovative and meets the evolving demands of the market. With his robust marketing techniques, he has effectively communicated the strengths of the Group to the industry, reinforcing its position as a leader. One of Mr. Hayer's notable strengths lies in his astute focus on innovative financing schemes. By exploring unconventional approaches to funding, he has successfully maintained and expanded the Group's market share. His reliance on building strong relationships and fostering trust has been instrumental in structuring, operating, and sustaining the Group's transformative ideas from conception to reality. Under Mr. Hayer's visionary leadership, Hayer One Group continues to flourish, pushing boundaries, and setting new benchmarks in the Kenyan real estate landscape. Mr. Hayer embodies the ethos of innovation and success that defines Hayer One Group, with an unwavering commitment to excellence, sharp market acumen, and a focus on building long-term partnerships. Excellence in Precise Planning and Craftsmanship As the saying goes, careful planning is the foundation of success. The Hayer One Group firmly believed in this



principle, dedicating themselves wholeheartedly to the creation was evident in every aspect of their work, precise and thoughtful development of living areas. The especially in the thoughtful layout of their sites, which team recognized that the key to creating exceptional prioritized privacy and the utmost enjoyment of the spaces lay in the project's early stages. surrounding landscape. The Hayer One Group adhered to the highest international At Hayer One Group, they proudly offered premier living standards in design, architecture, and construction. It goes conditions at reasonable prices, ensuring that everyone to great lengths to ensure that its properties are of the could experience the best that life had to offer. Their highest quality and detail. Recognizing that the success of developments featured breathtaking scenic views, a construction project, whether it was a home or a allowing residents to enjoy nature's wonders while building, was frequently dependent on the choice of maintaining privacy. What truly distinguished them was competent home builders and contractors, the company their unwavering commitment to preserving land values emphasized the importance of investing time, energy, and and improving the aesthetic appeal of their projects, resources in finding the right professionals for each making them more appealing to potential buyers. undertaking. But it wasn't just about the physical aspects of their Specializing in both commercial and residential developments. The Hayer One Group had cultivated a developments, the Hayer One Group excelled in their culture that was deeply ingrained in the hearts and souls of field. One of the areas of improvement is timely project its members. It was a culture rooted in an unwavering completion. While the external forces like COVID, commitment to excellence, an uncompromising nature that Ukraine war, Inflation crisis, have had an impact on aimed for nothing short of perfection. Every decision and timely completion of the project, Hayer One has been in action undertaken by the Hayer One Group was driven by pursuit of trying to do everything possible to improve this a desire to provide elegant delight and pure bliss to all who aspect, while ensuring no compromise in quality. They experienced their creations. recognized the importance of meeting deadlines while maintaining the integrity of their work, and they took great Empowering Workforce pride in their ability to strike that delicate balance. Mr. Hayer values the workforce's role in business growth In all its endeavors, the Hayer One Group strived to and has a conservative approach to team building at Hayer exceed expectations and deliver results that surpassed One Group. The company prioritizes a long-term mindset industry standards. The company's success, the in creating teams, as projects typically last 4 to 5 years. A management realized, lay not only in the bricks and mortar close-knit team with good chemistry helps navigate tough of its developments, but also in its ability to create spaces times like post-Covid and inflation, leading to high-quality that enriched the lives of those who lived in them. With a products that create value for buyers. Hayer One Group steadfast dedication to its craft, the Hayer One Group fosters togetherness, accountability, and rewards forged ahead, leaving a trail of remarkable projects in its performers while supporting improvement. With heads of wake. state managing teams, it emphasizes continuous improvement through effective communication. Why Hayer One Group? Advice for Future Leaders The Hayer One Group, a dedicated team of professionals, was wholly devoted to the meticulous and respectful Mr. Hayer advised individuals to embrace opportunities, precision in the development of exquisite living areas. nurture their passions, and prioritize building relationships Their sole goal was to design spaces that provided not based on trust. He shared these lessons from his own life, only comfort and privacy, but also a variety of amenities, hoping that others would find inspiration and guidance as all while preserving the natural beauty of the land on they navigated their own paths. which they worked. This unwavering commitment to value

First and foremost, Mr. Hayer emphasized the importance Mr. Hayer's approach to real estate development was of recognizing and seizing opportunities. He believed that driven by his passion. He demonstrated genuine opportunities could arise from various sources, both enthusiasm for the projects his team worked on, ensuring external and self-created. In his own life, he acknowledged that each endeavor was highly valued. This enthusiasm that his path seemed destined for a partnership at KPMG- pervaded every aspect of their work, from design to Boston, only to be redirected by personal circumstances to project execution. Mr. Hayer was convinced that passion become a successful real estate developer in Nairobi. He could be the driving force behind the creation of new encouraged others to embrace the ups and downs of life business opportunities. and to seize the opportunities that come their way. Furthermore, Mr. Hayer stressed the significance of

building relationships based on trust. He acknowledged occasional instances of broken trust, Mr. Hayer believed facing numerous uncertainties and challenges throughout that the benefits derived from trusting others far his journey, uncertain of how his team would continue outweighed the small losses that may occur. operating or fulfilling their commitments. However, he attributed their resilience and success to the strong Notable Achievements relationships and trust they had fostered over the course of a decade. These relationships, both within the organization Under Mr. Hayer's leadership, Hayer One Group has and with external partners and customers, had been achieved notable milestones in real estate. Five projects instrumental in creating high-value real estate properties have been completed successfully, including two landmark and helping clients achieve financial growth. Despite developments in Nairobi. The Address is a popular 23- story commercial high-rise known for its excellent location, design, and management. With its exceptional design and amenities, The Marquis, with two 25-story towers, sets new trends in Nairobi's residential sector. These projects have contributed to buyer wealth creation, solidifying Hayer One Group's industry reputation. Vision for Success Hayer One Group is dedicated to enhancing the customer experience by prioritizing transparency throughout the entire process of purchasing, delivering, and managing apartments. To achieve this, the company is actively working towards implementing global standards of corporate governance, ensuring that its operations align with the best practices recognized internationally. By promoting transparency, Hayer One Group aims to build trust and foster long-lasting relationships with its valued customers, providing them with a sense of reliability and confidence in their interactions. In addition to transparency, Hayer One Group acknowledges the increasing importance of sustainability in the real estate industry. Recognizing that their customers are well-traveled and have higher standards for sustainability, the company has made a firm commitment to incorporating sustainability principles into its practices. Hayer One Group ensures that its products meet the expectations of its discerning clientele by aligning with global trends and incorporating environmentally conscious practices. This dedication to sustainability not only allows the company to remain at the forefront of industry trends but also provides their customers with the assurance that their living spaces are designed with a responsible and environmentally-friendly approach.

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SUCCESS OF RIDE GLOHAILING STARTUP TO BRAND-UB 30 | JULY 2023

OBAL Travel: US-based ride-hailing 2. Price Soaring Technology – Ride prices BER company Uber was founded in fluctuate based on certain parameters 2009 under the name Ubercab. such as increased demand, number of Uber’s aftermath is called his Uberization drivers available, number of requests. because Uber has become such a prominent presence in the sharing economy. Uber’s 3. Vehicles other than cars – Uber isn’t taxi service grabbed a staggering 67% limited to cars. . They have stepped up market share in the US in 2019. Meanwhile, their game by adding boats, helicopters Uber’s grocery delivery service, Uber Eats, and a few other vehicles to their roster. captured a 24% share of the grocery We also offer a motorbike pick-up delivery segment in 2018. Uber Cab’s first service (Paris), a delivery service (San nationwide rollout came in his 2019, Francisco) and an ice cream truck resulting in all of New York seeing his Uber delivery service. However, while these presence. Uber’s 10-year journey has options are available in some brought various milestones of success, geographic locations, they have added insight, controversy and expansion, making new revenue streams to our business Uber a household name across the board. model. Uber taxis now operate in more than 72 countries, with a range of travel options to Industry: The taxi market is huge and is choose from, from budget rides to expected to grow at a CAGR of 8.95%. The motorcycles, sedans and SUVs. main reason for this growth is the growing need for travel, ride-sharing and carpool In addition to taxis, Uber is also services. According to the latest report, the experimenting with expanding services such Indian online tax services market is as Uber Eats (meal delivery) and Uber expected to grow by 12.93% in 2020. Freight (logistics) into new areas. Through its Uber Advanced Technologies Group, Uber Executive Team Uber is once again pushing new developments in the field of self-driving Garrett Camp, Oscar Salazar and Travis cars. Kalanick are the founders of Uber. Dara Khosrowshahi is currently CEO of Uber. First of all, people don’t have to wait for a ride anymore, they can get one with just one Uber’s Mission Statement: tap. Also, the user can control the movement and payment will be easier for Uber’s VISION statement reads, him using the features of the Uber “Transportation as reliable as running water application. Certain highlights help Uber for everyone, everywhere.” generate higher revenue. Uber’s mission statement reads: It is Features: written. .”Because we believe that mobility should be an accessible world. So that you 1. A car for every choice – With segments can move safely and earn money. in a like Uber X, Uber Black, Uber Taxi and sustainable way Uber SUV, there’s a choice for everyone. The Outstanding Real Estate Companies To Watch In 2023

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