Rajpal Yadav – Chairman
Sandeep Yadav – Managing Director
Neeraj Yadav – Director
Message from Directors
Real estate sector is one of the most globally recognized sectors. The growth of this sector is well complemented by the growth in the corporate environment and the demand for office space as well as urban and semi-urban accommodations. The construction industry ranks third among the 14 major sectors in terms of direct, indirect and induced effects in all sectors of the economy.
It is also expected that this sector will incur more non-resident Indian (NRI) investment, both in the short term and the long term.
By 2040, real estate market will grow to Rs. 65,000 crore (US$ 9.30 billion) from Rs. 12,000 crore (US$ 1.72 billion) in 2019.
Real estate sector in India is expected to reach a market size of US$ 1 trillion by 2030 from US$ 120 billion in 2017 and contribute 13% to the country’s GDP by 2025. Retail, hospitality, and commercial real estate are also growing significantly, providing the much-needed infrastructure for India’s growing needs.
Housing sales reached 2.61 Lakh units in 2019 across seven major cities. Home sales volume across eight major cities in India jumped by 2.5x to 33,403 units from July 2020 to September 2020, compared with 9,632 units in the previous quarter, signifying healthy recovery post the strict lockdown imposed in the second quarter due to the spread of COVID-19 in the country.
While appraising the performance of real estate development companies, it would be simplistic to believe that success is derived from the ability to mobilize financial resources, buy land parcels, appoint dependable contractors and market apartments. At DefineD Group, we feel that success is derived from the ability to lead, motivate, inspire, delegate and empower; at a more fundamental level, success is derived from the ability to learn, care and deliver. What excites me is how we transformed a legacy way of doing business in a staid industry into a passion-driven approach on how we can make a difference every day at work. The bottom line is that this ‘difference’ would not just translate into doing different things, but more importantly doing things differently to elevate our communities.
With India on its growth trajectory, there is a need for dependable and professional Real Estate developers that have an unwavering commitment to excellence. DefineD Group believes in strong corporate governance, highest levels of integrity and transparency. We look at India’s economic growth as an opportunity to empower people, enrich their lives and to contribute to the nation’s development.
Going ahead, as the external environment becomes increasingly challenging, we have looked within to strengthen our fundamentals and competitive advantage, the benefits of which shall progressively accrue.
We will not leave any stone unturned as your dream is now ours.