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The Revolutionaries In Real Estate

In the year 1998, Mahaveer group was set up in Bangalore as a flagship initiative of Reddy Structures Private Limited.

Mahaveer group quickly became a prime real estate company by developing the southern states of India. Today, it’s one of India’s premier companies to be certified under ISO 9001:2015 along with a series of well-noted projects under its brand.

Over the past 22 years, we have strived to create trust through our work. This commitment to our craft and our customers helps us provide personalised, clear and considered advice on all areas of property in every key market.

Finest Homes & Honest Practices

Business Milestones

Sep
2018
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Oct
2018
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Aug
2018
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The Forerunners

Our MD's views

LOOKING INTO THE FUTURE OF REAL ESTATE

Mr. Praveen Kumbala, Managing Director Mahaveer Group shares his views on the real estate market in a post pandemic world.

The real estate market has seen a dramatic transformation post the pandemic. The lockdown and the subsequent months where the market saw a complete change made people realise the importance of living in a home and owning one. Stability and safety suddenly became a top priority. This is the reason why many have begun enquiring about properties. Now, with the bank rates lowering, it seems like all the projects are back on track.

All our projects are exclusive and one-of-its-kind. For example, we have projects from 30L budget within 10km from city that offer all amenities including play areas, jogging track, gardens, pools, and more. Our hallmark is that we believe in honest practices and transparency, which we have been following for over 2 decades.

Most of our affordable housing projects are within the city and not on the outskirts. With innovative methods, technology and planning, we could provide affordable houses. What’s more, we are offering best-in-class amenities to lure customers who are looking at value for money.

Steel and cement are major components of the Housing Industry and the rise in prices always comes as a surprise. It affects the budget & costing as the industry has started gaining momentum. The rise of cement and steel prices will affect a project as it hinders the seamless execution we follow during the development of any project.

While we are still operating in the 30L to 1Cr segment, we have tried to innovate but by strictly keeping the budget in mind, since it is a challenge after the market went into a lockdown. We have introduced guest rooms and have also started offering convertible /flexi apartments to ensure that the buyer does not have to spend on extra rooms. This is our way of giving back to the people during these times who have always supported us. Has the sale of properties picked up with the bank interest rates having been lowered? Yes, there’s been a positive change in bookings. While there is still scope for the number of bookings to increase, it has definitely been a good comeback. Thankfully, the bank interest rates have lowered down, and in parallel, we have started offering benefits and offers that has worked well for customers.

How is the real estate market faring post-Covid? Has it affected the implementation of any of your projects?

The real estate market has seen a dramatic transformation post the pandemic. The lockdown and the subsequent months where the market saw a complete change made people realise the importance of living in a home and owning one. Stability and safety suddenly became a top priority. This is the reason why many have begun enquiring about properties. Now, with the bank rates lowering, it seems like all the projects are back on track.

What are the special features of projects being undertaken by your company? What is your hallmark?

All our projects are exclusive and one-of-its-kind. For example, we have projects from 30L budget within 10km from city that offer all amenities including play areas, jogging track, gardens, pools, and more. Our hallmark is that we believe in honest practices and transparency, which we have been following for over 2 decades.

For the affordable housing segment, being promoted by the government too, what are the facilities being provided as many of these projects are generally far from the city/ industrial hubs?

Most of our affordable housing projects are within the city and not on the outskirts. With innovative methods, technology and planning, we could provide affordable houses. What’s more, we are offering best-in-class amenities to lure customers who are looking at value for money.

With the prices of steel and cement on the rise, what impact do you foresee?

Steel and cement are major components of the Housing Industry and the rise in prices always comes as a surprise. It affects the budget & costing as the industry has started gaining momentum. The rise of cement and steel prices will affect a project as it hinders the seamless execution we follow during the development of any project.

Which is the real estate segment your group is focusing on given the continuing practice of work from home?

While we are still operating in the 30L to 1Cr segment, we have tried to innovate but by strictly keeping the budget in mind, since it is a challenge after the market went into a lockdown. We have introduced guest rooms and have also started offering convertible /flexi apartments to ensure that the buyer does not have to spend on extra rooms. This is our way of giving back to the people during these times who have always supported us. Has the sale of properties picked up with the bank interest rates having been lowered? Yes, there’s been a positive change in bookings. While there is still scope for the number of bookings to increase, it has definitely been a good comeback. Thankfully, the bank interest rates have lowered down, and in parallel, we have started offering benefits and offers that has worked well for customers.

Preamble

Envisioning a difference

As a leading real estate developer, we ensure the highest quality standards while creating premium residential projects. We are one of the leading names in the field of real estate. We provide our customers an experience, a luxurious lifestyle. Delivering the finest quality residential projects and the most reliable. Our team of accomplished professionals and industry experts help us achieve an edge above the rest. And with a perfect blend of quality and talent, we make every home a memorable one.

Architectural Brilliance with Reliability

We are what we promise. Our promise is reliability with luxury. Something that gives us an edge above the rest. It’s at the core of everything we do. In every piece of luxury that we create, we consistently ensure quality materials, excellent aesthetics, smart use of space, state-of-the-art design along with contemporary style.

Vision

To provide premium housing for our clients at par with international standards. To provide a luxurious lifestyle while also being affordable. Mahaveer is one of India’s major infrastructure companies, fueling the economy’s growth and empowering the nation.

Our Commitments

WE AT MAHAVEER GROUP CONSTANTLY STRIVE ON DELIVERING "FINEST HOMES & HONEST PRACTICES" BY CONTINUOUSLY FOCUSING ON

Awards & Recognition

REALTY INDIA AWARDS 2018 - DUBAI

Most Admired Upcoming Project of the Year

TIMES BUSINESS AWARDS 2018

Premium Lifestyle Projects Developer

COMMON FLOOR AWARDS 2018-2019

Lifestyle project of the year

Lifetime Project of the Year 2008-2009

Most Admired Upcoming Project of the Year

TIMES BUSINESS AWARDS 2018

Premium Lifestyle Projects Developer

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