Price War Coming Up In Mumbai, Future Is Navi Mumbai: Ashish Raheja

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In this episode of The Real Deal, we speak to a member of the first family of Mumbai Real Estate: The Raheja's
Ashish Raheja of Raheja Universal joins us. It’s a company that has sold apartments worth INR 100 crore. Ashish speaks about his business strategy as well as the mindset needed to build and sell luxury apartments. He talks on the rise of Navi Mumbai where his company is doing a township project. And he talks about an upcoming price war in Mumbai Real estate where as many as 60% of projects could get stalled.
#BHKVoice #VishalBhargava #RahejaUniversal #BusinessStrategy #TownshipProject #RealEstateDeveloper #NaviMumbai #InvestmentOpportunity #HomeBuyers #Township #MumbaiRealEstate #RealEstate #Projects #mumbai
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0:48 - Joining Real Estate as a Raheja
5:58 - Building Mumbai’s most exclusive project
12:18: Understanding the super-luxury home buyer
15:40: The Rise of Central Mumbai
19:58: Buy Land when it’s a mess
23:25: Building podiums the height of buildings
26:18: Where Raheja went wrong?
29:11: Navi Mumbai to overtake Mumbai
36:05: Mumbai is not Miami
38:35: The end of South Mumbai
42:01: Understanding Mumbai real estate
49:21: Price war coming, 70% projects to get delayed

Опубликовано:

25 июн 2023

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Комментарии : 126

@rajeshkhatri5765 Год назад

Suresh Raheja & his son Ashish have borrowed money thru Fixed deposits of more then Rs100 crs from the public under the name Raheja Legacy trust & Marg enterprises. Both the companies have defaulted their loan repayments since march 2019 & also not paid interest for financial year 2022-23. Victims have already filed complaint at EOW and will be soon meeting police commissioner & chief minister. They are constructing residential & commercial projects in Mumbai,Navi Navi Mumbai, Malad , Banglore & other parts of the country.

@wisecrackmelmoc2301 10 месяцев назад

Boss real estate is bestest invaaastment .

@subh2173 9 месяцев назад

All builders using politician black money strong Nexus in both partys

@bhaveshvaity1655 6 месяцев назад

@@wisecrackmelmoc2301investment ki spelling toh dhang se likho sirji😅

@wisecrackmelmoc2301 6 месяцев назад

@@bhaveshvaity1655 bhavnaoo ko samzho yaar

@navinadv 4 месяца назад

Can you substantiate this? @rajeshkhatri5765

@anupamachandra 22 дня назад

No doubt he has projects in Navi Mumbai and is creating some good old FOMO right here with influencer marketing.

@111badbrad Месяц назад

That's how a builder says ooo nothing will come infront of ur building and in NXT 2 yrs a sky scraper comes rite in front n blocks ur view

@shivaji735 20 дней назад

I found Ashishji extremely knowledgeable intelligent and honest.Open minded too.Congratulations to put up this show

@rajkumarshroff4529 2 месяца назад

Builder maafia and politicians set the prices,not the market forces,its a fact in urban areas 😂😂😂

@yashpalchaudhary9752 Месяц назад

Then what kind of democracy were people saving with rahul gandhi or hoping for 400 paar.

@rvc1_ Год назад

What a great video and great series Real Deal. You're giving your subscribers and viewers access to real estate info that we wouldn't get individually otherwise. Thanks Vishal.

@DreamCatcher_Life 5 месяцев назад

They sell flats with Sub-lease agreement' and not a 'Sale agreement' in Navi Mumbai township residential buildings called Raheja District Solaris. Never heard about this before. Anyone has a better view?

@sanjeevkarani2291 4 месяца назад

#DreamCatcher_Life Could you please share the difference in those agreements

@amolbhopi573 3 месяца назад

Subleasing means re-renting…

@rajeshmahadevan9683 24 дня назад

In navi mumbai the land always belongs to cidco and is leased to builders. Nobody can own this land

@salilchandra9182 Год назад

This was a really informative one....Good pace, good questions and equally insightful answers. Found Mr. Raheja extremely grounded for the stature that they are at in the real estate space! Request can you increase the frequency of these interviews.

@AJK666007 6 месяцев назад

Crazy to think Navi Mumbai can ever overtake Mumbai rates.

@dandshidriseshaikh9857 Месяц назад

Are you crazy South Mumbai is beautiful and charming

@sandhyasamant5656 Месяц назад

😂😂😂😂

@AJK666007 Месяц назад

@@dandshidriseshaikh9857 read what I wrote. Slowly.

@shivaji735 20 дней назад

It is not the price over taking. It is all about percentage grown of the property.

@AJK666007 20 дней назад

@@shivaji735 you missed the part where he compared seawoods rates to Powai.

@edslaved Год назад

One of the best videos on understand Mumbai real estate. Good questions with insightful answers.

@ShaneCallum 11 месяцев назад

Sheesh Kebab! The video was so comprehensive, covered almost all aspects of realty business. Ashish is an absolute genius for real Kudos to you and your team!

@zaidsandh2429 Год назад

Splendid episode, so much to learn!

@rajesh4life 7 месяцев назад

Great learning... thoroughly enjoyed the show. Subscribed.

@karanrgandhi 11 месяцев назад

Finally watched this entire episode and I’m going to be rewatching it again and again just because it’s only through spaced repetition will I be able to better absorb Ashish’s insights. Vishal, great job with the questions 👍🏻

@ashutoshkapoor 8 месяцев назад

what knowledge of Mumbai this guy has ... Brilliant!

@FaizFareedi 2 месяца назад

I would suggest u for real estate

@ArupBhanja 10 месяцев назад

An excellent insight into the high level real estate world with a professional who has great clarity of thought and can be witty at times as well. Keep it up Mr. Vishal...

@tummytuck4705 Год назад

What a legendary interview

@rounaksidhanta Год назад

Great knowledge , top content Vishal.

@tanmayrgup 20 дней назад

What a first class interview. So many learnings

@karanrgandhi 11 месяцев назад

I liked his SOHA abbreviation, that’s more accurate than SOBO

@ravikspan6497 Месяц назад

Brilliant show... loved it

@Officiallysane Год назад

Please add markers on the video with the questions so we can scroll

@rithinravi3653 11 дней назад

Great interview! Such great insights! Can we have some commercial developers as well on the show ?

@vishalmalkani9536 Год назад

Amazing interview.

@jpparekh Год назад

Great questions. Super insights intertwined with captivating analogies. It felt like attending a top-tier real estate masterclass. 💥

@vishalbhargava5400 Год назад

Glad you enjoyed it!

@capt_ckumar Месяц назад

Water and even electricity is problem in Navi Mumbai

@itsedutainment Год назад

Loved it. Learnt many things about real estate. Keep it up.

@vishalbhargava5400 Год назад

Thank you

@nikhilsahay895 Месяц назад

This podcast is a great reminder to middle class public that ship has sailed on investment in urban properties. All the land parcels are owned by these big guys and they can set the price, desperate people have no choice but to buy at their said price. All their launch price already accounts for next 5 year worth of upside to large extent. As Raheja himself admitted, phase 1 people will make profit (even that is little as Raheja has in most cases already taken some of that profit except I guess Kharghar). All the rest phase will only get measly rental yield. Even small builders who come after Raheja will charge similar launch price maybe 10% lower than raheja but still the same. I live in US and big difference here in US is that people here still have options to build their own properties with independent builders and only the very central places are owned by big corporations. So, the prices are still almost always decided by supply -demand. In India its not the case, it is decided by these big mafia nexus and politicians.

@yashpalchaudhary9752 Месяц назад

Still people are busy in cheering for thier fav politicians not demanding any laws that will improve their condition in real..and politicians are busy in minting money by printing bad laws..

@yashpalchaudhary9752 Месяц назад

Godrej, raheja, tata, lodha, reliance, etc approx 20 people own mumbai.

@yashovardhansk1741 6 месяцев назад

Please get on board some old school traditional developer like Arihant, RNA NG, Akshar developers . It would be nice to hear insights from them. RNA NG guy told me that they don't do any pre launch and open booking only when project is 50 percentage complete

@TheConcorde47 11 месяцев назад

Navi Mumbai Review Starts at 32.00 minutes

@aniketkakad 2 месяца назад

God bless you!

@naveenshetti1506 2 месяца назад

😂😂😂

@simplewayofelectrical2803 2 месяца назад

Thanks bro

@VFerns- Месяц назад

Thanks 😊

@jd4434 6 месяцев назад

Nice Informative video

@Ck069 10 месяцев назад

Wish to see Niranjan hiranandani sir on this podcasts channel

@jayeshmishra7095 Год назад

Great Video , audio is also improved

@randomforyou532 7 месяцев назад

Navi mumbai can never be 2x of Mumbai. The western suburbs despite of being in so close proximity didnt go 2x how can navi mumbai be, irrespective of any development.

@tonmy21 Месяц назад

So true.

@ankitabhu2 Месяц назад

I disagree i can see what happened with delhi and new delhi will happen with mumbai and Navi Mumbai

@tonmy21 Месяц назад

@@ankitabhu2 sahi pakde hai.

@Rit799 19 дней назад

City center might entirely shift

@rockybadshah4411 13 дней назад

Mthl atul setu straightto south bombay 10 minutes...new navi mumbai d.b.patil international airport...upcoming mumbai hyderabad high speed rail corridor!!! You name it it's all happening here because island of Bombay is saturated only development is slum redevelopment remaining that will also get saturated one day, Adani redeveloping dharavi slum...but as Mr.Raheja said new canvas means new landmass that only available in abundantly in navi mumbai mmr!!!

@kingkalingporwal2516 10 месяцев назад

Splendid conversation 👏🏼

@vishalbhargava5400 10 месяцев назад

Thanks

@theybecameus Год назад

great episode, but again like last 2 episodes the audio of this episode also wasn't as clear as vishal's the tenant videos . but the captions helped a bit

@harshdalal465 Месяц назад

One of a kind

@vineetjain3222 5 месяцев назад

Loving this series. Please invite Kamal Khaitan next

@AakashHindocha Год назад

One word Vishal - Brilliant 👏 !

@vishalbhargava5400 Год назад

Thanks. Ashish was indeed brilliant and frank

@APK81 11 месяцев назад

Damn he is so cocky...said in good sense. Confident in replies... Good analogies and bambaiya language touch

@commonsense7941 10 месяцев назад

A non-rhetorical question - Why is it difficult to build or replicate something like South Mumbai in terms of architecture and elegance in new developments or cities? Also, a lot of buildings and projects start looking ugly after a couple of years, especially with people making outward facing architectural changes. Perhaps that should be taken into account while designing in the first place?

@JIMEETGALA Год назад

Lovely episode! Enjoyed thoroughly.

@abdullahshaikh5638 8 месяцев назад

Sir , plz go to kharghar..price is going down.

@ruchirchheda2244 Месяц назад

Kharghar nerul sanpada we can't think of

@wisecrackmelmoc2301 10 месяцев назад

Great video from a viewer perspective. It also in a not so crude way tells that if u want a house in mumbai u need to shell out 2cr + because cost is utna he .. else get lost .

@akshaypandya4864 Год назад

Wow. It was like attending a class on real estate taken by a top professional from Harvard Business School

@Mohdsayeed82 9 месяцев назад

Sir main shillphata junction par hi. mai invest kiya tha 1bhk. Acha return mila. Rent bhi acha araha. Abhi us property ko hold kar ke rakhen. ya saleout kar kahin aur invest karen??

@herambpatkar 9 месяцев назад

I think you should sell it only when airoli tunnel opens up...that tunnel will connect shil phata, mumbra dosti to airoli

@Mohdsayeed82 9 месяцев назад

@@herambpatkar ok sir thanks to reply

@gaureshpatil4193 8 месяцев назад

Kitna mai invest Kitna Kitna bhav bada

@justincolaco8683 Год назад

Please get Mr. Vikas Oberoi

@bronxbull Месяц назад

Navi Mumbai apartments is owned by businessmen and NRIs and people who don’t travel much to work in south Bombay. Thane is much better.

@abdullatifansari3990 Год назад

DISCOUNT APPLY WHEN IT IS A COMMODIFIED 🔥🔥

@bijeshkumavat5786 Год назад

The kind of guys you invite for interview are playing altogether different ball game... Brilliant interviews, Vishal !! I'm from Thane... Its good for someone like me to get a perspective about mumbai real estate market... Thank you, Vishal... Keep coming up with such interviews And the audio quality is very good now

@vishalbhargava5400 Год назад

Glad you enjoyed it

@ruchirchheda2244 Месяц назад

We had purchased for thirty lakhs and now it is three crores

@harshalgawai746 7 месяцев назад

34:45

@sudheeraggarwal570 4 месяца назад

Sound seemed bad Could have been much better

@ShaikhNadeem 8 месяцев назад

Mic to acha lelo bhai

@TheGeorgeous Месяц назад

Sounds exactly like a real estate salesperson. Oh wait 😂😂

@UMS9695 Месяц назад

Hindi mei bolna hai toh this is pure CBD!

@sameertawde5 Месяц назад

2x jitna return chaiye tha toh one should ihave invested in Vedanta shares CMP 444

@TheGeorgeous Месяц назад

Scam promoter and company. He will move price per his requirement. Normal shareholders will get nothing

@bronxbull Месяц назад

If one has to go to work in BKC, Lower Parel, Worli, South Bombay, living in Navi Mumbai is a pain, even with Govandi being smooth.

@rho992 Месяц назад

Most new jobs are in Navi Mumbai, Infact jobs are even moving from Mumbai to Navi Mumbai especially IT. Only financial services corporate HQ are still looking to stay in Mumbai, they still have offices in Navi Mumbai.

@ruchirchheda2244 Месяц назад

In your podcast plants are distraction

@comeonindia1982 27 дней назад

Already prices are so escalated ,... Its pathetic property prices are so high and the taxes are huge. Some say Pune will cross prices of Navi mumbai.. Kya ch*** hai

@ruchirchheda2244 Месяц назад

Basic necessities are also tough we cannot talk about amenities in Navi Mumbai

@rho992 Месяц назад

What? Have you ever visited Navi Mumbai? It has better infra than Mumbai.

@ruchirchheda2244 Месяц назад

@@rho992 yes we are from Navi Mumbai

@ruchirchheda2244 Месяц назад

@@rho992 we are staying in sector seventeen vashi in prime location and good society but the mentality is the same they can't change

@ruchirchheda2244 Месяц назад

@@rho992 people don't do shopping they come to old Mumbai restaurant jewellery picnic spot many more

@ruchirchheda2244 Месяц назад

Then we have problems related to water supply electricity basic necessities cleaning sweeper they can't afford etc

@mandiraexotic Месяц назад

😂😂😂

@nishantaadi Месяц назад

Wese konsa bhaav kum he, already bhav aukad se bahar he, abb Mumbai ko Ambani ko bhech do unke paas itna maal he.

@vasantgaikwad5246 Месяц назад

GOOD JOKE

@ManOfSteel1 Месяц назад

chapri log gyan chod ra hai

@ruchirchheda2244 Месяц назад

Translate in hindi language

@Surbhit7 29 дней назад

Zubaan ko lakwa maar gaya lagta hai

@BlckPlld_Bolshvk 8 месяцев назад

Kaun kaun gali Dena chahta hai isko? 😂 Mumbai se jyada price Navi Mumbai ka? Sala kuch bhi fekega 😁😁😁😁😁

@rho992 Месяц назад

Already, Navi Mumbai prime rates are more than Mumbai Suburbs.

@friendsgroup470 Месяц назад

@@rho992chup do qoudi ka agent

@ruchirchheda2244 Месяц назад

Navi Mumbai mentality is not so good

@nitin1947 5 месяцев назад

Government should control the Real estate Mafias. These Mafias have increased real estate prices n Mumbai and now they doing same in Navi Mumbai. Unfortunately all these real estate mafials are friends of Fadanvis and Shinde so no action will be taken against them.

@nitin1947 5 месяцев назад

Bloddy real estate mafia;s