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Learn How Goel Ganga Developments is standing strong in the ever changing dynamics of the Real Estate Industry
![Learn How Goel Ganga Developments is standing strong in the ever changing dynamics of the Real Estate Industry](https://storage.firstindia.co.in/public/news/August2024/1724249132PNN image.jpg)
Pune (Maharashtra): Goel Ganga Developments is a widely known name for its high standards and prompt delivery. Being among Pune's top builders of real estate, they have elevated the bar for Pune's real estate market. In its more than four decades as a builder and developer, Goel Ganga Developments has continuously created iconic buildings throughout Pune, earning the utmost confidence from clients and solidifying its position as the city’s top real estate developers.
The founder, chairman, and managing director, Mr. Subhash Goel, brings his passion, enthusiasm, warmth, and experience to Goel Ganga Developments. His generosity, charm, confidence, and unwavering demeanour are something that carries down to his team. His contagious energy, infectious expertise, and inspiring vision are what keeps Goel Ganga Developments moving forward. A visionary who dared to explore uncharted territory, turn desolate areas in the midst of nowhere into self-sufficient, lovely neighbourhoods, and solve every problem, he is a true visionary.
Question 1: What were the key principles and values that guided you in building Goel Ganga Developments’ reputation for quality, integrity, and customer focus?
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Since the beginning, the organisational values that shaped the business environment included commitment to producing quality goods, professionalism, and a customer-oriented outlook. It was crucial for us to build the reputation and credibility of the organisation and ensure that the customers seeking its services are provided with quality work by competent professionals who, in turn, strongly believe that the success of any business is defined by customer satisfaction in the long run. Pursuit of highest levels of ethical practices and professionalism, commitment to deliver quality and value beyond customer expectations formed the core of Goel Ganga Developments’ call and operations.
Question 2: Do you think the rising cost of home loans may reduce homebuyers’ affordability significantly in the coming days?
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The post pandemic market scenario is quite different from the pre-pandemic era. People are now being more inclined to buying houses rather than renting one. The pandemic has infused a sense of belongingness and owning a house is one of them. However, the rising cost of home loans have definitely slowed down the decision making cycle of home-buyers.
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The cost of home loans may affect the market in the short term but the market sentiments are positive for the long term framework. Moreover, with some of the bullish market players having introduced exciting offers and EMI schemes definitely gives some relief to the homebuyers.
Question 3: What are the biggest challenges and opportunities you see for the real estate industry in India in the coming years?
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With the increasing supply to cater to the demand in urban areas, a major challenge is the poor infrastructure which hampers the overall mobility across the city. Sustainable construction and housing is something that needs to be adopted and embraced on priority to align for a long term lifestyle vision. Also, overcoming the legal issues, clarity and communicating the legal procedures to create confidence among the buyers would go a long way to shape the future of the industry.
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The developing nation of India is booming with all sorts of investment funding and economic growth driven by government initiatives like make in India. One can expand their business in various ways and also engage in different types of business ventures. The political leadership demonstrates commitment to the development of infrastructure, smart city concepts, and policies supporting the affordable homes segment which are opportunities for growth and creativity in the housing sector. Additionally, the use of technology like virtual reality, data analysis & automation helps in changing the way the real estate business is designed, sold, and controlled, giving the top players in the market a stronger position, giving the real estate industry a significant opportunity to cater to this growth and demand.
Question 4: Tell us about the major factors which you keep in mind while doing any projects.
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It’s a numerous step process that is followed to create a win-win strategy goal for us at Goel Ganga. Starting with the location of the development planned, we do our due process in making sure, the social infrastructure, connectivity to the economic zones is in process or already at its prime to give our customer the best ROI on his investment. In terms of product design, we onboard the best consultants to make a sustainable and vastu compliant home for our buyers with the best specifications and amenities to cater to their wholesome lifestyle. We adopt sustainable construction practises and make sure to keep up with our delivery commitments.
Question 5: How do you balance the need for innovation and growth with the importance of maintaining the core values and principles upon which Goel Ganga Developments was founded?
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At Goel Ganga Developments we understand that innovation and growth are very crucial if one has to meet the challenges of customer’s dynamic needs. However, we are very decisive about the fact that these undertakings need to be anchored on the fundamental truths of this business. Our approach toward managing change and innovation is to make a shift to develop positive attitudes towards change and new ideas but keep intact our core values of quality, integrity, and customer focus.
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At the same time, we have a culture of innovation and encouraging people to think creatively, unconventionally and also have a strong ethics and compliance program that thoroughly emphasizes the principles of corporate and professional integrity including honouring stated commitments. Thus, the idea is to ensure sustainable growth, as well as maintain leadership and be one step ahead of the competition focusing on a reliable and solid business with which Goel Ganga Developments has become well-versed by now.
Question 6: Share the future plans of your company with our readers. Where do you see your company in the coming few years?
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Our Vision is to be a leading force in shaping the future of real estate development. We envision a world where our projects redefine urban luxurious living, creating harmonious environments that seamlessly blend functionality, top-quality, aesthetics, and sustainability.
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Our Mission as a real estate developer is to create exceptional spaces that enhance the quality of life for individuals and communities for decades to come.
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