Tuesday 17 July 2012

About our story - Nandanam Consultants

Nandanam Real Estate Consultants was pioneered when our founder, Mr. K Ramachandran Nair came across the fact that most of his friends and relatives were finding it difficult to single out a particular property in Trivandrum within a short span of time at a good price. Mr. Ramachandran, ex General Manager, Finance of  Asianet Satellite Communications with over 40 years of industry experience across a wide variety of sectors used his experience in marketing, strategy and finance as the cornerstone of advisory services on real estate in Trivandrum.

The challenge which he saw was three fold:

1. Lack of credible market information on Trivandrum real estate - Most of the available information comes from news sources or the internet. However these do not always address the entire city, road developments, upcoming projects etc. which could play a significant role in real estate prices and appreciation. A wholistic picture thus wasn't available and the customers had to go with hearsay.

2. Choose from a directory or list of properties which were advertised - Most agents or websites offered property in an area for a particular budget. While this saved time in looking around, a list presented what is available, but not always what is becoming available and had its shortfall as you were never quite sure if that is all to it. To become sure, you needed to look a multiple such lists of properties in an area.

3. Budgets and aspirations vary from person to person - A 40 Lac apartment  in Kazhakootam for example meant two different things to two different people. So properties went beyond square feet rates and locations to personal aspirations and undivided share of land to even finishing.

The only solution around this for us was to give as much information as possible to our customers for free! 
We spent the time and energy on a regular basis meeting builders, infrastructure developers and associations to keep a tab on what is coming and in the pipeline in Trivandrum.

We knew that only if the customers were well educated about the real estate market, the various properties, the pros and cons for different builders, experiences of existing property owners and we then advise them on which one to go for, their decision would be more prudent and fruitful. Some of our customers have even completely changed their location or other preferences once they understood completely the various facets of their decision.

For us every customer is unique and important and we believe our mission is just getting started! 

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