Presence of mind,quick feet made delhi team victorioustransacted 15,727 sq. ft. in Barakhamba road, new delhiL&T Finance Ltd., the non-banking finance they approached him with this query keeping incompany of engineering giant Larsen & Toubro the mind the timelines and expected numbers.(L&T), made a foray in the sector in 1944. With The landlord was already receiving attractivethe finance industry facing rough weather in offers for the property and was in Dehradunrecent times, this prestigious client of Realistic on vacation. Not waiting for him to return, AnkitRealtors was scouting for low-cost office visited him in Dehradun with renewed offer.spaces. With regular follow-up, L&T reiterated This turned out to be the decisive moment inits requirement of new office space to Realistic. the transaction as the space owner was halfAfter meeting the officials, the Delhi team convinced with the strategy and plan.suggested renegotiating with the owner oftheir existing office, a space transacted by To create mutually beneficial deal for bothRealistic itself in 2010, at better cost effective parties, the Delhi team decided to breakterms and conditions. L&T was uncertain about rentals into three escalations in one term andhiring a consultant to renegotiate with the same offered solutions to both with facts and figureslandlord but Ankit Gupta handled the situation of current market trend. With customer-drivenwith expertise and assured them for successful approach and strong relationship with theclosure with desired results and rentals. landlord, Ankit successfully closed the deal with desired renegotiated rentals for L&T.L&T’s requirement was to reduce the rentals by This deal reinforced the company’s trust andat least 30- 40 per cent and as the company satisfaction with Realistic’s transactions, andrentals were escalated twice since its inception highly appreciated the efforts and well-plannedand was heading towards a merger with approach of the Delhi Team. This contributedanother organisation, they wanted the deal to decent revenue from both parties and the dealbe concluded at the earliest. As the Delhi team was as good as a regular leasing transactionhad excellent relationship with the space owner, of same size.
10Section Deal Case Study LET’S REWIND THE TEAM’S JOURNEY, CHALLENGES AND SUCCESS SAGA…
GURGAON TEAM BEATS THE HEAT OF COMPETITION1,10,000 sq. ft. Transacted in Bestech Business Tower, Sohna Road, GurgaonThe key to success in like India. Boston Scientific was with the firm. With extensive cost real estate is constantly searching for greater facility of benefit analysis and considering meeting people and have about 1,00,000 sq. ft. to match their the limited supply of ‘Grade A’ a deep-rooted relationship international standards of 40,000 buildings in Gurgaon, Udit Kukrejawith the clients. Boston Scientific sq. ft. office in DLF Cybercity. proposed a property havingCorporation deal is a prime Boston enjoys worldwide exclusive efficient floor plate of 80,000 sq. ft.example of this real estate mantra. mandate with one of IPCs, which and an additional area on the floorUS-based Boston Scientific was one of the biggest challenges below of 30,000 sq. ft. in BestechCorporation is a worldwide for the team. In a bid to present Business Tower, Sohna Road.developer, manufacturer and Realistic’s strength and strategicalmarketer of medical devices with approach, the team met Boston’s To get the investor on board,its products used in a range of Real Estate Execution Head and the Investments Team playedinterventional medical specialties. got a fair opportunity to compete pivotal role. Mr. Jas Simran SinghRealistic Realtors has long and break the mandate. and Mr. Karan Malik convincedassociation of service with Mr. the investor, who partly ownedKapahi, Head of Boston Scientific. To bridge the gap between the the area in the building, on the company’s budget constraints, agreed commercials. The activeThe company, which had global strong competition from IPCs, involvement, coordination andsales of around $7.48 billion in and high-quality office space synochronisation between the two2015 to its credit, has charted requirements, Gurgaon Team teams led to a successful closureout aggressive expansion plan scheduled multiple property of huge area for a prestigious clientin high-growth emerging markets visits, presentations and meetings of Realistic Realtors.
11Section Unforgettable moments
Feel Some of thelife..best moments in
Bike narendra Kumar award amit sharma To
12Section new joinees
Srikanta Samal Gaurav Johar Vikas SharmaSenior Executive-Accounts SR. Manager-INVESTMENTS & LEASING Research Executive operations TEAM DELHI TEAM Noida TEAM Lalit Dua Sanjeev Kumar Shukla Nida NakulSenior Manager Research Executive Business Development Manager Retail TEAM NEW TEAM Investments TEAM Kalyani Chhoda Harshit Gaur Isha VermaBusiness Development Manager Assistant Manager Office Coordinator Investments TEAM Delhi TEAM NEW team
Bal Govind Satish Kumar Ramya RaghavachariExecutive-Accounts Assistant Manager–MEP Services Executive Assistant Investments Team operations TEAM reach TEAM Krishnakant Madhav Singh Mahesh Kumar SahSenior Foreman-Civil Manager Research Executive Reach Team Retail team Retail teamChetan Raje Gaurav Kumar Srivastava Vibhuti Juneja Manager Store Incharge Manager-HR NEW team Reach team Operations team
Sunil Sharma Bikash Mandal Nazia KhursheedResearch Executive Research Executive Assistant Manager–BD Retail team Retail team Gurgaon Team Anjali Chopra Akash Kumar Manish Pal SinghBusiness Development Manager Research Executive Research Executive Noida Team Delhi team Noida team Parth Parikh RAHUL SHARMA 39Senior Executive Assistant Manager rec9r0uitdmaenytss in NEW TEAM New TEAM
13Section CIRIL network
ciril directors meeting in bengaluru
CIRIL Network is a membership-based premier owner operated network of commercial real estate brokerage companies in India. Serving clients in 300 cities of India,CIRIL has seven partners with offices in 15 cities, Delhi, Gurgaon,Mumbai, Bengaluru, Kolkata, Pune, Hyderabad, Ahmedabad,Surat, Noida, Chandigarh, Jaipur, Indore, Lucknow and Patna.This time, Directors Meet was organised in Bengaluru in the monthof July. The partners reviewed deals concluded in the last quarterand took major decisions concerning strategies for business inthe next quarter and ways to increase geographical reach inthe country.
ciril directors meeting Q2, 2016
14Section Interiormanagement
interior management Shrabni RavinderSen Gupta Sharma Architect General Manager - ArchitectPROGRESSING AHEAD
ceat, LucknowDeal Area: 1,500 sq. ft.
fiitjee, VijaywadaDeal Area: 10,000 sq. ft.
fiitjee, VisakhapatnamDeal Area: 10,000 sq. ft.
Times Internet, noidaDeal Area: 14,000 sq. ft.
chorus, gurgaonDeal Area: 1,200 sq. ft.
sennheiser, gurgaonDeal Area: 7,200 sq. ft.
Accounts Roomredesigned incorporate office, gurgaon Thought Works revamped
ambadeep building Delhi teamfourth floor renovated
ambadeep building,retail & n.e.w. team upper ground floor renovated
AN INTERIOR Is The Naturalprojection SOULof
15Section sultan of the roadS
2 HARPREET SINGH 1 VAIBBHAV VERMA 3 UDIT KUKREJA 1410 SQ. FT. 2618 SQ. FT. 830 SQ. FT. 4 PRAYAS KHANNA 5 KARAN MALIK 750 SQ. FT. 288 SQ. FT.
Special Appreciation toVaibbhav verma for concluding 4 deals in mere 7 days leading the race Let’s See Who Wins the Trophy and Award in End
Initiative of Realistic, Reach and Airia for Humanity16Section IRRAHINITIATIVESCSR initiative of Realistic realtors and Reach Group
IRRAH Sunshine for Winners is an initiative to brighten the lives of those who have great talent but are not able to achieve their dreams due to lack of resources. Our vision is to empower every individual by identifying and sharpening their skills for their better future. At present, we are running two academies,IRRAH Fashion Academy wherewomen are educated andtrained to enhance their skillson stitching that will furtherhelp them to earn livelihood.The second academy isIRRAH Football Academywhere future soccer stars arebeing trained to achievetheir goals.I am in deep gratitude andfeel very blessed that Godhas chosen me for this greatcause. Additionally, I wouldlike to thank all the Directors,members of Realistic andReach, Mr. Raakesh Mutreja,and Mr. Avinash Hans fortheir great support. It is just abeginning, we have milesto travel.Ms. Amandeep HoraFounder,
Avinash Hans Contributions to Earth Saviours FoundationExecutive Coordinator, The Earth Saviour Foundation provides shelter to people who have been abandoned by their families or have lost their homes due to mental illness. In July, Irrah organised the monthly meal for 350 inmates of the Earth Saviours Foundation. Clothes and steel utensils were also donated to the organisation for inmates use. In August, Irrah donated medicines to its dispensary and will continue to supply on regular basis.
Irrah Fashion AcademyIFA continues to train 10 underprivileged girls in the art of fashion designing at its first centre in MeeraBagh, West Delhi. Guided by Mrs. Meena Khullar, a professional fashion designer, the girls have nowlearned creating drafts of various designs. The girls and women, most of whom have their mothersworking as daily household cleaners and fathers as rickshaw pullers/masons, etc., have alreadystarted earning a small amount of money by alteration work, which they are getting fromtheir neighbourhood.
IrrahFootball ClubUnder the guidance of their coach Mr. Sunil Khullar, thestudents of IFC are trained three times in a week, wherethey are also served nutritious refreshments by Irrah. Aninter-club match was organised in July where the IFCstudents were pitched against the United Soccer Club fora match ending at 3-3 draw. Additionally, the four studentsof IFC have been selected by their respective schools toplay at zonal level matches. Two of these students havecontributed to their school teams in reaching the semifinalstage of zonal tournaments.
Contributions to Sarve SammanIrrah has pledged to contribute monthly to Sarve Samman, an NGO empowering underprivileged children throughits three centres in Delhi-NCR. Children attend educational classes to improve their language and mathematicalskills, and are served nutritious food.
Community From a long time, Mr. Harinder Singh Hora and Food Ms. Amandeep Hora wanted to organise a regular Langar (community meal) for the poor. Irrah has initiated a ‘once a fortnight’ community meal programme at the construction sites of Reach and 3 Roads, serving food to the labourers of the sites along with other poor residents in the neighbourhood. Serving hot meal to more than 500 poor people, Langar was organised on July 31st, August 13th and September 3rd, 2016.
Ace and SpaceThe flagship programmes of Irrah, Ace and Space has Nirankari Public School, Paschim Vihar, New Delhi, bybeen designed to reward the talented children who have Ms. Amandeep Hora in August. In September, Mr. Pankajfewer resources to excel. Based on a transparent matrix Jain rewarded the deserving children scholarships anddata collected from selected schools, the meritorious certificate of excellence at Mata Shiv Devi Public School,winners, along with few poor children, were rewarded Keshav Puram, Delhi.the certificate of excellence and scholarships at Sant
Blood Donation CampIrrah organised Blood Donation Camp in collaboration with Rotary Blood Bank in Time Tower in the month of August. The event was inaugurated by Mr. Harinder Singh Horaand Ms. Amandeep Hora. Leading the drive from the front, Harinder Singh, Pankaj Jain, Manu Bhasin, Jas Simran Singh, Deepak Sethi and Devender Kumar donated blood and encouraged others to do same. Realistic and Reach team members actively participated and over 100 units of blood were collected.
The AnnualFestival of SMIMSIrrah took the initiative to sponsorthe annual festival of Sikkim ManipalInstitute of Medical Sciences locatedin Gangtok, Sikkim. More than1,000 medical students, along witharound 2,000 people, participatedin the cultural festival. In return ofthe support from Irrah, a team of 10medical students will visit local oldage home every month to cure andheal its inmates. It gives me immense pleasure and pride to be associated with Irrah, the CSR initiative of Realistic Realtors and Reach Promoters. I sincerely thank the entire RRian family for working as a united team, Harinder Sir and Aman Ma’am (Founder-Irrah) for providing unending support to talented children and Avinash Hans for his assistance in every endeavour of the foundation. I believe kindness is medium of thanking the universe for its grace. So, spread kindness far and wide. Raakesh Mutreja Executive Director,
17Section cherished memories
Memories Nev
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