Build your professional network on facebook via our app Go to app
 
 1 of 6 in Topic  Next >>
Topic : Making Better Home Builders
  Rate : 
Posted in Community :

Construction Planning & Management

 
Started by : Anjaneyula Reddy, Construction-Heavy, DLF   08 28 2010 08:13:41 +0000
Industry : ConstructionFunctional Area : Business Models(Strategy & Execution)
Activity:  68 views;  last activity : 08 31 2010 10:10:22 +0000

It’s common knowledge that home builders haven’t made money in recent years and they’re trying desperately to change that. So what are mistakes made by builders which stops them from growing.....

 
 Refer 375
Share
 
 
  Rate : 
 
 
 
 
  3 1 0
 
 
 
 
 
 
 
 
 
1 2 3
1 Assuming they know what buyers want
2 cheating
3 misinderstanding the need

Assuming they know what buyers want

idea posted by Anjaneyula Reddy Construction-Heavy, DLF

Builders are scaling back everywhere to make homes more affordable. But, there are deal breakers. This is because of not understanding the end customers properly and assuming this is what they want. This is the most common mistake committed by most of the builders.

3
0
  
by Biswajit Ghosh, Corporate Sales  | 08 28 2010 14:17:20 +0000

I agree with you but it happens in any Industry...for example in garment industry they also claim like "we understand you better". After all marketers are trying to make understand the customer that they are manufacturing/providing their product/service as per customer needs.

In real estate industry as the investment is huge and also for long term thats the reason that the judgment becomes more crucial and we become more choosy as we have so many options.

 

Biswajit

Zenith Computers

Add your argument:

cheating

idea posted by Krishna Murty CONSULTANT ON BUILDINGS, IRRGATION PROJECTS, CIVIL ENGINEER

to name few, use of sub standard material, construction not as per sanctioned plan, nil after sale service, extra for common spaces, parking, defective title deeds,

1
No supporting Arguments for this idea
Add your argument:

misinderstanding the need

idea posted by Rajendra Shah Head/VP/GM-Corporate Planning/Strategy, Ajayraj ConstructionsPvt. Ltd.

Dear, Making luxury homes with all amineties and infras is not a problem but sale would be poor since there would be dearth of white money. Its good to explore middle class needs where money flow would be better, BUT it doesnt work since builders follow on one and only guideline for loans prescribed by RBI norms. If one wants to have good cash flow, there are many options open but builder won't like to follow and would like to scream on marketing guys where liberty in sale is limited. Called as a good salesman who can sell a ac in cold region, but here the powers are 100 percent with the salesman to sell his product. In real estate nowhere is cent percent powers also there is no review meetings BUT EXPECTATIONS are high. Same time most of the builders fail to fulfill commitments after sale,spoiling the name of whole Builder lobby. There are many good, professional builders, but since because of some all broth is spoiled.  TAKERS ARE MANY BUT SHOULD ONE KNOW HOW TO EXTRACT IN OTHER THAN ROUTINE STYLE MAINTAINING PROFESSIONALISM......

0
No supporting Arguments for this idea
Add your argument:

Add your Idea
Idea* : 
Add your argument:
edit in rich text ...
Could not find any idea interesting in: "What are the common mistakes made by home builders?" ? Click here to add a new idea...

Found the idea contest "What are the common mistakes made by home builders?"  interesting ?  Click here to refer to your connections and communities
A Global Executive Search Firm
  • Create a Confidential Career profile online!
  • Get Advised on Career Planning!
  • Access to the Best Career Options
Viewers also viewed
Advantage vs Disadvantage
 
91 referals 14 arguments, 534 views
After deciding on a property,the next big thing one does is to look for a good home loan. While...
 
371 referals 3 votes, 129 views
Today many organizations have work policy like work from home for atleast twice in week, one of...
 
987 referals 126 arguments, 1800 views
more...  
Recent Knowledge (2)
When we are watching news channels or any other channel or reading news papers you bump upon...
 
2022 referals 13 votes, 283 views
we all know the perils of talking on cell phones while driving. besides being hazourdous to...
 
290 referals 2 votes, 36 views
more...  
More From Author
May be social media. It very cost effective compared to job portals. And get better candidates....
I think admixture is better than clod water. It has many benefits and many methods of implementing.  
RCC cold joints require special treatment in order to assure adequate bonding with the successive lift. Typical cold joint treatments include high pressure washing or wet sandblasting to remove mortar coatings, or other contaminants, followed by a...
more...