.

After all the networking and learning at the NAR-India 8th Annual Convention in August, we soon geared up for the RE/MAX Asia Pacific Convention and RE/MAX Realty Rendezvous-7 in Bangkok, Thailand. I would personally like to congratulate & thank the Regional Owners of RE/MAX Thailand Eran Milo and P.D. Milo for putting together a great convention and for the outstanding hospitality. I am pleased to share that RE/MAX India has been honored with the Asia Pacific’s Top Producer Award for the year 2015 at the RE/MAX Asia Pacific Convention 2016 and would like to dedicate this award to all the RE/MAX Affiliates across the country as this award is a result of the sheer hard work, dedication and passion of each one of you put together. TOGETHER WE STAND STRONG! Indians have a special liking for Dubai, evident from the fact that they not only form the largest chunk of the Emirate’s population, but are also the biggest investors in its real estate sector. Dubai has always been one of my favorite cities in the world and in order to explore the transaction opportunities in the international market for all our affiliates, RE/MAX India team along with Association of Property Professional (APP), Delhi NCR visited Dubai. The trip turned out to be a great learning and networking experience wherein we met some of the key and prominent developers like EMAAR, Dubai Properties, DAMAC to name a few. Moving ahead on our network Expansion front, RE/MAX has

expanded its footprints in Western Part of Uttar Pradesh byawarding a Broker Office Franchise in Moradabad. I would like to welcome Mr. Nitish Agarwal, Broker Owner, RE/MAX Your Choice Realty to the RE/MAX family. Also, I would like to congratulate Yuvraj Singh Shekhawat, Broker Owner, RE/MAX Solution Specialists, Gurgaon on having ZERO attrition of Broker Associates in last 2 years. You have truly set a benchmark for all the other Broker Owners to look up to and I am really proud and happy to see your progression from an individual to a leader who believes in leading from the front. With the end of 2016 just a couple of months away, I am hoping that each one of you has spent some time not only reviewing your performance in achieving the targets that you set out at the beginning of the year but have realigned your strategy to ensure that you eventually achieve your annual targets. Lastly, I would like to extend a very warm welcome to all the new members who joined the RE/MAX family in this month. With festivity around the corner, on behalf of everyone I would like to wish you and your loved one’s a very HAPPY DIWALI. May the glow of joy, prosperity and happiness illuminate your days in the year ahead! Happy Diwali! Sam Chopra

If somebody asked me to describe our 7th RE/MAX Realty Rendezvous and RE/MAX Asia Pacific Convention in Bangkok in three words, I would reply saying that it was Motivating, Educative & Fun. One of the biggest advantages of being a part of RE/MAX network is the fact that you get a lot of opportunities and platforms like these conventions to network with fellow RE/MAX Affiliates &learn best practices from across the world that can be customized locally. This has always worked very well for Sam and me as we have been able to bring back home some great learning's from such meetings. I would like to join Sam in congratulating and thanking Eran Milo & P.D. Milo for the magnificent convention and the warm welcome extended by them. I would like to thank all the attendees from India who flew down to Bangkok for attending the both conventions and representing RE/MAX India as a team. A big congratulations and great round of applause to all the winners across the categories. We wish you all greater success with RE/MAX and many more awards in the coming years. With the extension in our growing network, I would like to welcome our new broker office in Moradabad and would like to wish Mr. Nitish Agarwal all the very best for his journey with RE/MAX.My favorite section of the newsletter is Power of RE/MAX where we bring to you the outstanding achievements of our offices and agents. This time in the Power of RE/MAX

section, we haveunveiled the exceptionalaccomplishment of Yuvraj Singh Shekhawat’s office of having 100% Broker Associate retention over the last 2 years. Dubai is like a second home to me and I have seen the city evolve over the years. The visits always happened to be more of personal ones but this time I saw the city and the developments from RE/MAX point of view and was flabbergasted to see the potential the real estate sector holds for investments from India. We at RE/MAX India have already started forming business relationships with prominent developers in Dubai and we will be pleased to have you join the bandwagon to help your investors in investing in Dubai Real Estate Market. The month of October has been marked as the month of festivities and I am very sure that all of you will be celebrating the festival of lights with your RE/MAX family as well and I would request you to keep sharing these happy moments with us as well! At last, wishing you and your loved one’s a very happy and prosperous and a safe Deepavali. May this festival be the most sparkling and lightening! Happy Deepavali! Regards, Saloni Chopra

Content: __________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

1) From the Chairman’s Desk 2) From the Vice Chairman’s Desk 3) Events to Look Forward to

4) News from RE/MAX India 5) News from the RE/MAX Regions 6) News from RE/MAX Broker Office

7) News from RARE 8) News from RE/MAX LLC 9) Power of RE/MAX

10) Press Buzz 11 RE/MAX Anniversaries/New Joinee's 12) Realty Bytes

Events to look forward to in November!

RE/MAX Balloon lands in Uttar Pradesh-West RE/MAX India has once again expanded its reach by joining hands with Mr. Nitish Agrawal as Broker Owner of

RE/MAX Your Choice Realty in Moradabad. RE/MAX India is confident that the young entrepreneur will do a great job by attracting likeminded people in his broker office.

RE/MAX India would like to wish all the very best to Nitish for his journey with RE/MAX!

7th RE/MAX Realty Rendezvous goes International with RE/MAX Asia Pacific Convention A great networking, referral, recreational and knowledge sharing platform that built some long term business

relationships with progressive professional brokers from over 30+ countries!

With some great speaker sessions & panel discussions on topics like “Explore RE/MAX Opportunities” by Chip Brekken, Jan Repa, Sam Chopra & Michael Davoren ; “ Building a Mega Office” and “ Farming & Exclusivity in the unregimented

market” by AsiElgressy ; “Brand & Branding” &“ Be a WOW agent” by Gil Li-ran ; “ Goals Setting & Action Plan” by Luke Salwayetc.the participants were able to take back home a lot of valuable information and passion.

Glimpses from the RE/MAX Asia Pacific Convention 2016 and RE/MAX Realty Rendezvous-7

RE/MAX India being awarded with the Asia Pacific Top Producer Award

Thanks to the sheer hard work, dedication and passion of all RE/MAX affiliates across India in 2015, We feel Proud to announce that RE/MAX India has been honored with the Asia Pacific Top Producer Award at

the RE/MAX Asia Pacific Convention 2016.

RE/MAX India Connect saw Affiliates from RE/MAX LLC, RE/MAX Regions and RE/MAX India Networking with each other!

With a motive to connect with all the RE/MAX Affiliates from across 30 different countries that participated in the RE/MAX Asia Pacific Convention, RE/MAX India organized a special event “RE/MAX India Connect” that revolved around

building and enriching business relationships and ideas. The event saw good gathering from representatives from RE/MAX LL and Regional Owners from different countries along with the all the participants from RE/MAX India. RE/MAX

India would like to thank Jan Repa, Chip Brekken& Cheryl Luster from RE/MAX LLC, Eran Milo & P.D Milo-RE/MAX Thailand, Michael Davoren-RE/MAX Australia, Sujan Shan-Sri Lanka, Alex J. Gomez-RE/MAX Malaysia, Julia Wykrota-

RE/MAX Central Londan, Carlos Matias& Miguel Rezende - GryphTech andeveryone else who attended RE/MAX India Connect thus making it a grand success.

RE/MAX India’s Regional Owner(s)/Directors, Broker Owners & Broker Associates Glammed like STARS in the “Night of the Stars”

The “Night of the Stars” still remained the much awaited event and highlight of the Convention wherein the top performing Regional Owners, Broker Owners and

Broker Associates glammed like stars by getting recognized by the Chairman, Vice-Chairman of RE/MAX India and Mr. Adam Contos, Chief Operating Officer, RE/MAX International.

RE/MAX India would like to congratulate all the winners and wish them all the very best!

RE/MAX India would once again like to thank everyone for participating in the convention and we will be

looking forward to hosting you again in our next convention!

Stay tuned for its dates and the destination!

Take a look on the proud recipients of awards in various categories

Awards in the Broker Associate Categories

Awards in the Broker Office and Broker Owner Categories

RE/MAX India Team on an Educational & Business Trip to Dubai

Living to the true sense of RE/MAX and in the pursuit to take the brokerage business to international markets to form business relations, RE/MAX India team along with the members of Association of Property Professionals, Delhi NCR (APP) visited Dubai for a business trip to understand the real estate market and form relations with the prominent developers

and brokers there. The team visited the project sites of some of the prominent developers like EMAAR, Dubai Properties, DAMAC, The First Group and Ellington Properties.

Dubai has grown exponentially and its skyscraper-laden glitz has something for everyone ranging from tourist,

entrepreneurs, leisure seeker or real estate enthusiast.

Visit to Dubai Hills Estate, EMAAR for details understanding of their prime projects and modus operandi.

A great interactive learning and networking session with the team of Dubai Properties at the Dubai Properties, Sales Centre.

Glimpses from the site visit to AKOYA by DAMAC where we could see a great scale of development

Visit to The First Group for an interactive session and some great learning about the Dubai real estate market

Visit to some of the prominent Brokerage Offices in Dubai to have an understanding of how the market operates

with respect to foreign investments.

RE/MAX Bengaluru The team of RE/MAX Bengaluru conducted a mass discovery day under the leadership of Mr. Siva Kyasa, Regional Owner

wherein they invited like-minded people to explain the business opportunities with RE/MAX.

RE/MAX Greater Visakha

The broker office, RE/MAX Diamond Group in RE/MAX Greater Visakha region, scored a hat-trick by recruiting 3 broker

associates in their office in the month of September. A big congratulation to Ms. L. Manjula, Broker Owner of RE/MAX

Diamond Group on this achievement and RE/MAX India would like to wish all the luck to the new Broker Associates S.

Rama Krishna, Shankar Sekhamuri and ToletiVenkata Ramakrishna for their journey with RE/MAX!

RE/MAX Realty Services, Bhopal

The broker office, RE/MAX Realty Services in Bhopal conducted a special training on Direct Selling for its Broker Associates and invited Mr. Reddy as a guest trainer. RE/MAX India would like to acknowledge the continuous and

untiring efforts of RE/MAX Realty Services to upskill its broker associates.

Training – The key to being a successful Real Estate Professional

To make Training as ongoing process, RE/MAX Academy of Real Estate(RARE) organizes weekly webinar on every

Wednesday from 11:00 am onwards and covers variety of topic much relevant to every individual entrepreneur.

In the month of September, RARE conducted 3 training webinars which were well attended and received.

Also, a Special Broker Owner management Training was conducted in the month of September for the recently appointed

Broker Office Franchise, RE/MAX Your Choice Realty in Moradabad. The Franchise Owner Mr. Nitish Agarwal was at the

RE/MAX India HQ for the 5 days classroom training and was able to successfully complete the training.

RE/MAX ranked in Top 10 Franchise Chains in the World!

In the 2016 Franchise Times 200 rankings released in September, RE/MAX not only led all real estate brands for the eighth

consecutive year, but also climbed into the Top 10 overall – in 8th place and ahead of household names

such as Marriott, Wendy’s and Domino’s.

This sort of brand credibility creates a huge competitive advantage for RE/MAX Sales Associates. And that’s fitting, because

they drive the brand forward through their customer service and excellence.

Congratulations to everyone in the network!

Power of RE/MAX In this section of the newsletter, we are covering about one of the most important and critical aspect of RE/MAX

i.e. Broker Associate Retention and the office that successfully managed to have 100% retention rate over last 2 years.

RE/MAX India would like to congratulate Mr. Yuvraj Singh Shekhawat, Broker Owner-RE/MAX Solution Specialists, Delhi

NCR for his remarkable leadership skills which is truly reflected from the milestone that he has achieved by retaining

100% of his team of Broker Associates over the last 2 years.

When Yuvraj decided to become an entrepreneur and lead a team , he did not have any crown to wear rather he got the

responsibility to bring out the best in others and he very well understood that in order to win the market place you must

first win over your work place.

To achieve success in any business, it is imperative to understand and imbibe that “You don’t build a business, you build

people and then people build the business”. Probably this is the success mantra of this office wherein success and growth

of an agent is of prime importance.

This is what the proud Broker Owner, Mr. Yuvraj Singh Shekhawat has to share about his beliefs and retention strategy:

Sam Chopra, Chairman RE/MAX India as a panelist on the NDTV Moderated panel along with other industry experts at

the NAR India 8th Annual Convention. The discussion was full of information on RERA act and its Road Ahead.

Sahil Kapoor, Executive Director, RE/MAX India as a panelist on the panel discussion on the Topic Evolutionary Service:

Transform the client experience from Ordinary to Legendary-Good buy rather than Good Bye.

RE/MAX Anniversaries, Broker Offices (September 2016) Name of the Region Broker Office Name Broker Owner's Name Number of Years

RE/MAX Mumbai RE/MAX Properties Sandeep Didwania 1

RE/MAX Gujarat RE/MAX Kunvarji Jay Deliwala 3

RE/MAX UP-East RE/MAX Signature Realty Sandeep dixit 1

RE/MAX Anniversaries, Broker Associates (September 2016) Name of the Region Broker Office Name Broker Associate Name

RE/MAX Mumbai RE/MAX Matrix Mabel Crasto

RE/MAX Gujarat RE/MAX Dreamz Chirag Sharma

RE/MAX Gujarat RE/MAX Kunvarji ParvezKadri

RE/MAX West Hyderabad RE/MAX Realty services Ram Mohan Doddi

RE/MAX Anniversaries, Regions (September 2016) Name of the Region Name of the Regional Owners Number of Years

RE/MAX West Bengal Debashis Majumdar 2

RE/MAX Telangana Srinivas Raju, Shailaja, Kantham Raju & Dilip 2

RE/MAX India Welcomes its New Broker Associates (September 2016) Name of the Region Broker Office Name Broker Associate Name

RE/MAX Southern Karnataka RE/MAX Realty Services Imran Khan

RE/MAX Gujarat RE/MAX Realty Solutions Vijay Soni

RE/MAX Gujarat RE/MAX Kunvarji Harshil Shah

RE/MAX Gujarat RE/MAX Corporate Services Tanmay Mehta

RE/MAX Southern Karnataka RE/MAX Landmark AfshaanMoahmmad Abdulla

RE/MAX West Hyderabad RE/MAX Realty Services Anil Singh

RE/MAX Mumbai RE/MAX Properties Sandeep Didwania

RE/MAX Greater Visakha RE/MAX Diamond Group RAMA KRISHNA RAMAKRISHNA

SAMPANGI

RE/MAX Greater Visakha RE/MAX Diamond Group SHANKAR SEKHAMURI

RE/MAX India Welcomes its New Broker Owner (September 2016) Name of the Region Name of the Regional Owners Number of Years

RE/MAX Bengaluru RE/MAX Elegance VijendraGovind

Realty Byte

Trends that will reshape Indian realty

Five trends that will influence the Indian real estate market in the long run

Among the many different factors influencing the way real estate is developed, transacted and used in India, there are five

big major emerging trends that are of both real-time and long-term significance:

Co-working spaces

With a growing start-up ecosystem across India, and the central government creating an enabling environment for

entrepreneurship, demand for office spaces has gone up in the last few years. Also, due to the rising number of freelance

professionals and consultants in today’s globalised workforce, office communities or co-working spaces are fast gaining in

popularity.

Co-working spaces are popping up across Indian metros as well as tier-II cities, and are helping many start-ups get flexible

working options at prices they can afford. These spaces offer desks at cheaper rentals, with some also allowing a rent-free

period apart from utilities and an office-like look-and-feel to potential start-ups.

Some of the co-working places also work as incubation centres for the urban centres they are based out of. Interestingly,

the trend of start-ups that buy/ lease real estate in order to sub-lease it to such tenants is also on the rise.

At a rough estimate, over a 100 of such players are already active across India. This trend is slowly and surely catching up

in India.

Crowd funded realty projects

Crowd funding helps innovators and inventors raise money for launching their products or services through the internet.

The practice involves raising small amounts of money online, from many people across the globe. While other industries

have seen the emergence of a more dynamic crowd funding scene, real estate still has a lot of catching up to do.

Some experts have pointed at the maturing crowd-funding scenario in the USA, where the amount of money raised, the

size of deals, and the speed at which they occur have all steadily increased.

In China, the real estate industry is no longer the exclusive preserve of big investors, with property developers turning to

crowd funding to help finance the construction of commercial and residential projects.

Although in its nascent stages in India, crowd funding can pick up here as well because the financials of many developers

are getting stretched. With increased digitalization and transparency, investors can be expected to open up to this novel

way if they can get good returns.

Already, non-resident Indians are allowed to invest in the country’s real estate under the same conditions applicable to

residents. Moreover, a marketplace is already bringing together real estate investors as also listing premium plots,

apartments and villas. This sector is likely to evolve and grow in the coming years.

Link: http://www.thehindu.com/features/homes-and-gardens/trends-that-will-reshape-indian-realty/article9197489.ece