As you would read further, there are some common traits that you will find among all these brands. First and foremost is their commitment to the industry and to the region that they serve, from changing the skyline of the cities to innovating processes in the sector. Next is their adaptability to change from leveraging technology to adopting sustainability that has led to positive outcomes for the organization and the customers. The deep understanding of market dynamics of leadership is another differentiator that sets these organizations on the path of growth as they continue to shape the future of the real estate industry, attracting consumers and investors alike.
BUILDING A BRAND
A strong brand is one that can stand the test of time and here are a few things that we learned in our interactions with these brands.
Brand Promise: An authentic brand promise gives consumers confidence and an idea of what to expect, without false hopes. As the leaders mentioned, developing the brand promise starts from within the organization by clearly articulating the intended - core attributes, brand positioning and differentiators.
Customer Experience: The most important key to creating strong brands stated by the brand leaders is to ensure the customer experience reflects the brand promise in action. Each interaction is a new opportunity to understand their perspective and use those insights for even more enhanced customer experience.
Strengthening The Organization: The CXOs were unanimous that building a strong organization involves aligning people, processes, and purpose. It involves strategic efforts to improve the company’s overall resilience, adaptability, and productivity. The approach requires improving internal processes, boosting employ- ee engagement and fostering innovation that ensures long-term business sustainability.
REAL ESTATE OF SOUTH INDIA
South Indian cities have had stable economies with well-established IT/ITeS sector and the start-up culture. This has generated an abundance of real estate growth opportunities across all segments in the southern region. Extremely well developed physical and social infrastructure of Southern cities has also been pivotal in giving rise to real estate brands that have contributed to the changing skyline of not only their cities, but making an indelible mark on the entire country’s real estate sector as well. These brands have worked tirelessly to build and optimize their brand, and to remain on the cutting edge of their industry.
South of India cities, particularly Bengaluru, Hyderabad, Chennai and Kochi are witnessing rapid urbanization and burgeoning IT and industrial sectors that are diving growth of the real estate market. One distinguishing factor in this market is the educated and aware buyers that has led to more professionalism in the real estate sector compared to other cities.
In response, as you would read in the briefs shared by the real estate companies, the underlying theme for the strongest and most enduring brands are anticipate consumer needs, innovate to stay ahead of the curve, long-term relationships trump over short-term profits and be better than others at acquiring and retaining customers. Based on these fundamentals, the promising brands of South India are writing their success stories.
