M-Sanvi Real Estate looking to grow in affordable home space

Incepted in 2017, M-Sanvi Real Estate has grown in stature to become a renowned real estate firm based out of West Delhi dealing in affordable homes across all categories i.e. 1 BHK, 2 BHK, 3 BHK, 4BHK, independent houses and builder floors. Their service caters to Delhi and NCR prominently in Uttam Nagar, Dwarka Mor and Gurgaon. Mukesh Kumar, Founder of M-Sanvi Real Estate Pvt Ltd with specialization in marketing and finance has a total experience of 14 years across various industries like (insurance, pharmaceutical, real estate). In an interview with Bizz Buzz, Mukesh talks about the company’s presence in the New Delhi market and adjoining areas

How big is the real estate market in New Delhi?

The real estate market in Delhi is significant and highly active. Delhi is the capital city of India and is known for its bustling real estate sector. Delhi offers a diverse range of properties, including residential, commercial, and industrial spaces. The market caters to a wide range of buyers, investors, and businesses. The city has witnessed substantial development and growth in its real estate sector over the years. The factors such as population growth, urbanization, and the presence of various industries contribute to the demand for real estate in Delhi. Property prices and market trends can vary across different regions within the city, with some areas being more expensive and sought after than others. It's important to note that real estate markets are dynamic and subject to change due to various factors such as economic conditions, government policies, and market forces. Therefore, for the most accurate and up-to-date information, it is recommended to consult local real estate experts, market reports, or reliable sources specializing in real estate data for Delhi.

Which are your major projects?

Our major projects are the builder's floor.

1) 2,3,4 BHK Project running at Matiyala Road measuring 1200 sq yard.

2) 1,2 BHK at Vipin Garden site measuring 600sq yard.

3) 2 projects of 3BHK at Sainik Nagar site measuring 300sq yard and 400sq yard.

4) 2BHK and 3BHK project at Mohan Garden site measuring 400sq yard.

Which projects are in the pipeline and what is the nature of your projects?

Two to three more residential projects are in the pipeline.

What are the price points for your various flats?

1BHK starts from Rs 17 lakh and goes up to Rs 22 lakh based on location and size of the flat. 2BHK starts from Rs 22 lakh and goes up to Rs 55 lakh based on location and size of the flat. 3BHK starts from Rs 31 lakh to Rs 75 lakh based on location and size of the flat. 4BHK starts from Rs 75 lakh based on location and size of the flat.

Do you see yourself undertaking different projects in other cities?

Soon we are expanding ourselves in the franchise business in Mohali, Patna, Kanpur, Himachal Pradesh and Uttrakhand.

How volatile are the real estate prices in North India?

The real estate prices in North India, like in any other region, can be subject to volatility due to various factors such as demand and supply, economic conditions, government policies, and infrastructure development. Some cities in North India, such as Delhi and Noida, have seen significant fluctuations in real estate prices over the years. For example, during the boom period of 2007-2008, real estate prices in Delhi-NCR (National Capital Region) skyrocketed, but the prices later witnessed a slump due to oversupply and high interest rates. Similarly, the Covid-19 pandemic has also had an impact on the real estate market in North India, with prices in some areas dropping due to reduced demand and economic uncertainty. However, it's worth noting that not all areas of North India experience the same level of volatility in real estate prices. Some locations may have more stable markets due to factors such as steady demand and limited supply. It's important to research the local real estate market and consult with experts before making any investment decisions.

What are the financial projections for your company in the next three years?

In the coming three years, we will see ourselves as an established brand in the real estate market especially in the franchise business. For financial projection in the next three years, we will be crossing 200 crore turnover each fiscal year.

What do you reckon is the RoI for real estate investors?

The RoI (return on investment) for real estate investors can vary depending on a number of factors, such as the location of the property, the type of property, the condition of the property, and the overall state of the real estate market. In general, real estate investments have the potential to generate higher RoI compared to other forms of investment, such as stocks and bonds. Real estate investments can provide both cash flow in the form of rental income and capital appreciation in the form of property value appreciation over time. The exact RoI for a real estate investor would depend on a number of factors specific to their investment, such as the purchase price of the property, the rental income generated, the cost of maintenance and repairs, and the resale value of the property. It's worth noting that real estate investments are generally considered to be long-term investments, and investors should be prepared to hold onto their properties for several years to realize the full potential and get better RoI. Additionally, real estate investments come with risks, such as market fluctuations and property damage, that should be considered when assessing RoI.

How important are the election results for the real estate industry?

The election results can have an impact on the real estate industry, as they can bring changes to government policies and regulations that affect the market. For example, changes in tax policies, land acquisition laws, and housing policies can directly affect the real estate sector. If a political party with a favourable stance towards the real estate industry comes to power, it could lead to policies that encourage investment and development in the sector, resulting in a positive impact on the market. Conversely, if a party with unfavourable policies towards the real estate industry comes to power, it could lead to a slowdown in the market. The election results can also affect consumer sentiment and confidence, which can have a significant impact on demand for real estate. For example, if a government comes to power that is perceived as stable and reliable, it could lead to an increase in consumer confidence and demand for real estate. Overall, while election results may not be the only factor affecting the real estate industry, they can certainly have an impact on the market. It's important for real estate investors and industry professionals to stay updated on election results and related policies to make informed decisions.

Do you have plans to invest in any other industry?

No, as of now.