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Real Estate Right Step Smart Residential Living Tips

Key Information About Home Insurance

Home Loan Insurance

What is Home Insurance or Home Loan Insurance

Home Insurance, also known as Home Loan Protection Plan (HLPP) is a plan given by almost every financial institution in which the lender will square off the outstanding or balance home loan amount of the borrower with the lender or bank, if there is a condition of sudden incidents that may include death of the borrower. In simple terms, it is known as an insurance plan under which the insurance company squares off the balance amount of home loan with banks, NDFCs or Housing Finance Companies, in the case of the death of loan borrowers. The Home Loan Insurance term is normally the same as the Home Loan term. By taking the Home Loan Insurance the borrower is reassured that even after his/her death, his/her family members will not be forced to repay the home loan or vacate the premises because of the non-payment of the home loan amount.

What are the benefits of Home Loan Insurance?

  • Home loan insurance gives lump sum amount compensation which can be further utilized to repay the outstanding home loan.
  • Under Section 80C & 80D, the borrower receives the tax benefit from the home loan.
  • By paying an extra premium, medical conditions like disability and critical diseases can also be covered in the home loan insurance plan.
  • Under a joint home loan insurance, single home loan insurance can cover all the borrowers.
  • The borrower has the flexibility to reimburse the premium which is single/whole payment premium or insurance amount can be settled in the total loan amount and can be paid on a yearly basis.
  • Borrowers have the choice of switching insurance premium into the amount that can be added to the home loan EMIs.

Is Home Insurance Mandatory For Home Loans?

Home loan borrowers are often misled by their bankers or moneylender and are communicated into buying home loan insurance policy. Some of the finance companies name these products or policies as mandatory and often push their buyers or customers to pay extra for the premium. However, It is not mandatory to buy home loan protection plans. Neither the law nor the regulatory authorities such as the Reserve Bank Of India (RBI) or Insurance Regulatory and Development Authority of India (IRDAI) have made it compulsory under the home loan protection plan with a loan. Buying an insurance policy is the one and only responsibility of the buyer and borrowers cannot be forced to buy such plans. It only gives extra safety to your property but it is not compulsory.

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How Does Home Loan Insurance Work?

Home loan insurance is a plan or policy that covers a borrower’s outstanding loan liability to protect the risk of loss in case he/she dies during the loan repayment term. These policies give a covering that reduces every year, as the loan amount reduces. In the case of the death of the borrower during the loan regime, the insurance company will clear up the outstanding loan with the lender bank. A home loan insurance policy could end up on the full repayment of the loan, or after the death of the borrower.

What One Should Need To Know About Home Insurance?

  • You must know that what is protected under the home loan insurance policy.
  • Like any other insurance policy, a premium will have to be paid on the insurance you have taken.
  • Home Loan Insurance Policy does not include suicide or death under natural death.
  • The insurance premium broadly depends on four conditions:
  • Age: The age is basically considered as the older you are, the higher your premium for the loan.
  • Amount: If you are availing Rs.50 lakh as a home loan, the premium will be higher.
  • Tenure: If you are taking the home loan for a period of 20 years, you have to pay the higher premium.
  • Borrower’s health record: The borrower, who is availing the home loan insurance should be medically fit. The better your health, the lower your premium.

What Is The Home Insurance Policy Eligibility?

Home loan insurance eligibility differs according to service providers. The minimum age is 18 years while the maximum age of the borrower while getting the home loan insurance is normally 50-60 years.

What Is The Process To Claim Your Home Insurance?

The insurance plan is held in the name of the borrower of the home loan. In the case of the death of the borrower, the family members of the beneficiary required to file and receive the claim amount. Once the claim is approved, the amount is directly paid to the lender or to a family member of the beneficiary. In the case of all term insurance policies, if the borrower is existing beyond the term of the policy, he does not recover the premium paid.

What Is Covered In A Basic Home Insurance Policy?

Only personal property is covered under a basic home loan insurance policy.

What Are Good Homeowners Insurance Policy?

Before availing home loan insurance policy, you must contact at least three banks or housing loan finance companies to compare coverage.

Your mortgage lender can, and perhaps will need you to have homeowners insurance. You are not appropriate to buy from a particular insurance company or bank. Rather than, compare coverage, price and customer reviews. Be sure that you are getting the right type of insurance plan and the right amount of coverage.

How Does Home Insurance Help Homeowners?

A basic homeowner’s insurance policies cover the cost of repair or reconstruction due to damage affected by disasters like fire, windstorms, hail, lightning, theft, or vandalism.

What Will Be The Premium For Home Insurance?

Premiums of Home Loan Insurance depend on three main categories that include the age of the borrower, loan tenure, loan amount and health record of the borrower.

Does home insurance get tax benefits?

Yes, if in case the premium is paid by the borrower himself/herself, then he/she is eligible for tax deduction under Sec 80C and Sec 10(10D). Under Sec 80C of the Income Tax Act, the maximum amount that can be claimed is up to Rs. 1.5 lakhs.

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Key information: The Statue of Unity

Statue of Unity

About Statue of Unity Facts:

  • Sardar Vallabhbhai Patel’s statue or known as the Statue of Unity is situated in the Indian state of Gujarat. Sardar Vallabhai Patel (1875–1950), who was the first Home Minister of India. After completion of the construction work, his statue is the world’s tallest statue standing at a height of 182 meters.
  •  The project was first announced in 2010 and the construction of the statue began in October 2013 by Larsen & Toubro, who received the contract for Rs 2,989 crore from the Govt of Gujarat. The sculptor was designed by Indian sculptor Ram V. Sutar.
  •  To support the construction of the statue, the Statue of Unity movement was started to support the construction of the statue. This movement helped a lot to collect the iron needed for the statue. By asking farmers to donate their scrap farming instruments. It is heard that by 2016, a total of 135 metric tonnes of scrap iron had been gathered. Out of 135 metric tonnes, about 109 metric tonnes of it were utilized to make the foundation of the statue after processing.
  • The statue is located at the shore of the Narmada River facing the Sardar Sarovar Dam. The statue was inaugurated by Prime Minister Narendra Modi on October 31, 2018, on the 143rd birth anniversary of Sardar Vallabhbhai Patel.
  • On 15th December 2013, a marathon entitled “Run For Unity” was held in Surat and in Vadodara to support the project.
  • The world’s tallest “Statue of Unity” is a pride of India and a decent honor to the fearless who undivided and integrated India, our precious Sardar Vallabhbhai Patel. He was highly respected for his leadership in uniting the 552 states of India to form the single Union of India.

Statue of Unity

About Design:

  • After studying several statues of Sardar Vallabhbhai Patel across the country, a team of historians, artists, and academics choose to proceed with a design submitted by the Indian sculptor, Ram V. Sutar. The expression, posture and pose justify the dignity, confidence, iron will, and kindness that his personality expel. Three models of the design measuring 3 feet, 18 feet, and 30 feet were created at the beginning. Once the design of the largest model was approved, a detailed 3D-scan was designed which model the basis for the bronze cladding cast in a workshop in China.

About Construction:

  •  India’s leading infrastructure company L&T won the contract on 27 October 2014 for its lowest bid of Rs 2,989 crore equivalent to Rs 36 billion in 2018 for the design, construction, and maintenance. They initiated the construction on 31 October 2014. In phase-1 of the project, Rs 1,347 crore was spent for the main statue, Rs 235 crore spent for the exhibition hall and convention center, Rs 83 crore spent for the bridge connecting the memorial to the mainland and Rs 657 crore spent for the maintenance of the structure for 15 years after its completion.
  •  As per the L&T official, they have employed over 3000 workers and 250 engineers for the construction of the statue. The foundation of the statue utilized 210,000 cubic meters of cement concrete, 6500 tonnes of structural steel, and 18500 tonnes of thickened steel. The outer part together with 1700 tonnes of bronze plates and 1850 tonnes of bronze surrounding which in turn include 565 macro and 6000 micro panels.
  •  The total height of the structure is 240 m (790 ft), with a base of 58 m (190 ft) and the statue of 182 m (597 ft). The height of 182 was specially chosen to match the number of seats in the Gujarat Legislative Assembly.
  •  The statue is built in a way that can stand up against winds of up to 180 km/hour and earthquakes measuring 6.5 on the Richter scale which is at a depth of 10 km and within a radius of 12 km of the statue.
  •  It took 57 months to complete, 15 months for planning, 40 months for construction and two months for handing over by the consortium.
  •  To make sure seamless execution of the whole project, an independent society named Sardar Vallabhbhai Patel Rashtriya Ekta Trust (SVPRET) has been established under the Chairmanship of Chief Minister, Government of Gujarat.

About Funding:

  • The total cost of the project was estimated to be about Rs 2,063 crore equivalent to Rs 25 billion in 2018 by the government. The tender bids for phase-1 were invited in October 2013 and were closed in November 2013.
  •  This statue was built by the Public-Private Partnership (PPP) model. Most of the money allocated by Gujarat Govt i.e. Rs 500 crore for the project in the budget from 2012-2015. Rs 239 crore was also allocated in the 2014-15 Union Budget for the construction of the statue.
  •  Funds were also shared by the Public Sector Undertakings under the Corporate Social Responsibility scheme.

Issues faced during the construction:

  • Local tribals belonging to the Tadvi caste against land acquisition for the construction of tourism infrastructure nearby the statue. Although, they have been offered cash, land compensation, and provided jobs.
  •  People of nearby villages such as Kevadia, Kothi, Waghodia, Limbdi, Navagam, and Gora against the construction of the statue and claimed the refund of the land rights over 375 hectares (927 acres) of land obtained earlier for the construction of the dam as well as the constitution of new Garudeshwar subdistrict.
  •  They also disagree with the development of the Kevadia Area Development Authority (KADA) and the construction of the Garudeshwar weir-cum-causeway project. At last, the government of Gujarat has to accept their demands.

About Tourism:

  •  The Gujarat government has made every effort to develop the entire neighborhood as a world-class tourist center. As it is double in height of world-famous New York’s Statue of Liberty. The Statue of Unity is fair to draw numbers of foreign tourists along with domestic visitors across India. The statue’s location is its important features. The beautiful scenic surroundings of the Satpura and Vindhyachal hills along with the heroic river Narmada give the perfect view to the statue, which is built on an Island.
  •  The viewers’ gallery inside the statue is a prime attraction at the site located at the height of 135 with a capacity to accommodate 200 persons at a time. There are also high-speed lifts installed and are capable of taking 5,000 people per day to the viewing gallery, which offers a breathtaking sight of the surrounding areas.
  •  There are numerous other tourist attractions around apart from the Statue of Unity including the valley of flowers, natural beauty of the Satpura and Vindhyachal hill ranges.
  •  The Gujarat government newly opened a luxurious nature sanctuary, Tent City Narmada, just 10 minutes away from the monument.
  •  On 1st November 2018, over 1,28,000 tourists visited the Statue of Unity in 11 days after it was opened to the public. At the same time, over 1.9 million visitors in 9 months were visited. It is expected that this tallest statue will generate around 15,000 direct jobs in tourism.

Proposed and Planned Infra:

  • As of now, there are several projects in the card to assure that this place turns out to be a popular tourist point.
  •  A world-class zoo will be developed across 1,300 acres over seven levels by the name Sardar Patel Zoological Park near the statue.
  •  Moreover, there is a plan to start boating activities near the statue as a jetty is being constructed in the Narmada.

Recent News on Statue of Unity:

  • The day before yesterday, PM Modi urges people to visit Sardar Sarovar Dam and its nearby the Statue Of Unity in his home state Gujarat that has touched historic 134-meter water levels.
  •  After setting a number of records, the Statue of Unity in Gujarat has found a place in the Time’s list of 100 greatest places in the world.
  •  It is a matter of pride that the Statue of Unity is emerging as a popular tourist destination and at the same time, a record 34,000 people visited the site in a single day.
  • On 18th August 2019, Gujarat Chief Minister Vijay Rupani inaugurated a river rafting sports facility at Khalvani near the Statue of Unity.
  • This statue is known as the Pride of the Nation, but the mass of people think that spending Rs. 2900 crores on it have been completely wastage of public money. Several questions have been asked In the recent govt exams.

What are the advantages and disadvantages of the Statue of Unity?

Advantages of Statue of Unity

  • It is the world’s tallest statue which has recently been awarded in Time’s list of 100 greatest places in the world, is located in India and considered to be ‘Pride of Nation’.
  • It will boost income from tourism and generate a large number of hotels, transports and other services.
  • Increase in the transport, restaurants, accommodation, service sectors.
  • It is estimated that this statue will remain as it is for 1000 years which implies that it will contribute to the national income of India through tourism for centuries.
  • Local people getting employment.
  • The local business has seen lots of progress.

Disadvantages of Statue of Unity

  • The government has spent a huge amount of money on this project over other priorities like women’s safety, education and agriculture schemes.
  • There are plenty of sectors in India, like health, safety, employment and education where the money could have been utilized.
  • Many political parties allege that this was a place of religious significance, so it should not be built on the land.

Was it worth spending a huge amount on the Statue of Unity?

  • If I start writing whether the Statue of Unity worth or not, it will go on and on but I hope this little and fair idea of why building this statue is a step in the right direction.
  •  It will lead to a lot of new employment opportunities every year and PM Modi has promised that thousands of young generation will get employment through this project.
  •  It’s not just about Inda’s pride of building the tallest statue but it’s about creating employment and revenue for the country. At the same time, it will create new business opportunities for the people living in nearby areas.
  •  Local businesses have been seen in lots of progress. Earlier nearer restaurants used to remain profitable only during monsoon while dam overflowing.
  •  Increase in the transport, restaurants, accommodation, and service sectors. This reversely will improve the economy of India.
  •  Living in a developing country we always aim to think of everything from the perspective of giving everything to poor people, but that does not help after 76 years of Independence.
  •  As per a report, 480 million people are still under poverty like in India. If the government just donated these Rs 2989 cr in their bank accounts, they would have got peanuts. That’s not a decent amount to give them. Also, when was the last time giving free money helped the poor get out of poverty? Employing more n more people will simply take out people from poverty.
  •  This is just one project. The government has lots of projects in place to help the poor offering education, medical facilities, toilets, and housing facilities.
  •  How is it fair to say that projects like these should not be undertaken and instead the money should again be used for education and other purposes? If we do that, we will never come out of that wrong period.
  • For the development of the nation, we need to change our mindset and start thinking of initiatives like these from a different angle not from the angle of politics.

Statue of Unity

 

FAQ on Statue of Unity:

The water capacity of Sardar Sarovar Dam

The dam, which has the capacity to store 4.75 million acre-feet of water, is 84.84% full at present.

 What is the entry fee of the Statue of Unity?

Each ticket is issued for two hours. A basic entry ticket to the Statue of Unity costs Rs 120 for adults and Rs 60 for kids. It will allow you to enter the valley of flower, audio-visual gallery, the Statue of Unity site, memorial, museum and the Sardar Sarovar Dam.

 Which day the Statue of Unity is closed?

It is open to the public on all days of the week from 9 am and closes at 5 pm.

 How long does it take to see the Statue of Unity?

Normally, you should budget 4 to 5 hours as the time taken to visit the statue of unity.

 What is the per day income of the Statue of Unity?

An income of Rs 6.38 crore has been made from ticket collection by Sardar Patel Ekta Trust in a month since opening for the public on November 1, 2018.

 What is the cost of the Sardar Vallabhbhai Patel statue?

The Statue of Unity project built at a cost of Rs 2,989 crore. The statue is located about 3.5 km downstream from the Sardar Sarovar Dam, on Sadhu Hill on the bed of the Narmada river.

 When was the world’s tallest statue the Statue of Unity inaugurated?

PM Narendra Modi has inaugurated the world’s tallest statue that of Sardar Vallabhai Patel on October 31, 2018.

 What is the best time to visit the Statue of Unity?

October to March is the best time to visit the Statue of Unity. The weather conditions are perfect to plan a visit.

 What is the ticket price to view the gallery of the Statue of Unity?

It is for Rs.120 for an adult person and Rs 350 to view the gallery.

 What is the cost of operation and maintenance for the Statue of Unity?

The cost of operation and maintenance cost stands around Rs 657 crore over 15 years/ Rs 43.8 crore annually/ or Rs 12 lakh per day.

 

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Digital Marketing for Real Estate

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Digital Marketing for Real Estate

Real Estate market is heavily dependent on intermediaries for demand fulfillment e.g. Brokers/Channel Partners/Direct Sales/Classified Sites etc. these intermediaries seem to have well-defined roles, where classifieds used to help through mid-funnel, Brokers gets benefited from the local networks, Channel partners used to bear the risk while lowering the cost, and direct sales used to help with the walk-ins and brand push.

The ecosystem has become ever complex

With digital marketing becoming more and more accessible, it is breaking the barrier to reach customers now anyone with an Ad account sitting in a corner room can reach to the customers wherever and whenever. With barriers collapsing every other intermediary is encroaching upon each other’s territory. Now anyone and everyone seem to be performing each other role.

Problem of Measurement

For long marketers used to believe “Half of the money spent on marketing goes waste but we don’t know which half”. Digital marketing has given the power of measuring Money to the penny level. And suddenly Marketer Realizes it’s not 50% money that’s going waste but it is 95%. Since 95% of the users coming to my website don’t take the desired action on my website.

With the realization, kicks in marketers become super conservative and become overly obsessed with the conversion. And they forgot the most important thing “Marketing”

There are few problems with this approach one availability of numbers (data) doesn’t mean the practicality of the data, so we need to see them in context. Second, all these numbers default to the last touch-based attribution leaving all upper funnel and non-touch based channels without any credit.

“Rahul was researching for property to buy on the classified portal while he was going through various projects details he comes across a banner ad for a new project coming up in vicinity to the area he was considering. He went through the project details and compared with other projects he was considering. Later that week while he was sitting with his friends he discussed the properties he has shortlisted, after taking all feedback next he went on Google search and search for the project, found one project website and dropped a lead for enquiry.
Continued focus on the last touch-based attribution would result in activities (intermediaries) becoming more focused on driving last-mile conversion making funnel leaner (or we say quantity problem)

Customer Journey?

Let’s take a look at Typical Customer Journey through the funnel.

DMRE

Acquisition

Awareness: This is an introduction stage where brand introduces itself to the prospect. At this stage user don’t know about the value of your project, focus here should be on showing the value of your project or service. Idea is to build trust and relationship.

Consideration

Interest: Once the introduction is done has been established prospect become interested in the product, they want to know more about the brand, their achievements, past performance, etc. The brand should ensure they have enough authoritative content sponsored by industry peers or experts to build trust further and nurture relationships. Online portals/experts reviewing product can be considered for a specific solution.

Desire: At this stage, prospects is actively a brand’s product or services. At the same time they comparing other products and services preferably on Aggregator/Websites/Forums collecting more information to work out their decision. This is an opportunity for marketers to make a strong case for why their product is the best choice for a buyer. Up until this stage they had very low intent with respect to dropping a lead or getting involved with the brand on a 1-1 basis. But each of the earlier steps helped in shaping his/her decision.

Conversion


Action: After going through earlier 3 stages now prospect is ready to make his decision. He/She is actively looking to make connections with the brand by searching, dropping leads, making site-visits before finally converting. Typically, marketing and sales should work together closely to nurture the decision-making process and convince the buyer that their brand’s product is the best choice.

Marketing Cliché

While I took you through the schooling of marketing Funnel Cliché, Important aspect I wanted to highlight was that by focusing on the last touch-based attribution we end up losing the sight of our customer journey were limited by technology we chose to ignore the impact of the process.

By having a hard focus on singular KPI for all marketing channels by ignoring their roles in the conversion funnel we are leaving a lot on the table. Prospect Funnel is becoming thinner, and we are seeing inflationary impact where too much of resources going for too few prospects. When we skip important steps we also see a drop in lead quality as well.

“Ramesh filled a lead for Project Rainbow, while he went home his wife told him that one of her friend’s relative had also purchased the flat from the same builder but they aren’t at all happy with the product, Ramesh went online to do more research about the same but he couldn’t find any authoritative content about their past or new projects no agency review/rating, etc., all he finds customer complaints. So when Builder calls Ramesh to follow-up on site-visit he politely declines”

There could be 1000s of such scenarios where builders are putting more and more efforts to drive leads but they fail to convert since important steps are skipped for lead nurturing

So what should a marketer do?

One Advice take ownership for a 360Degree Marketing bring back focus on the customer.
Marketers should plan for the customer rather than a channel. They should start with who they (customers), what they do, what places they visit. Being Present in the moment matters and that’s where the focus should be.

I will leave you with this to ponder upon your next 360Degree Marketing Plan.

Insights by: Amit Kumar
Senior Manager – Digital Marketing

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Your Door is About to Get Clever Through Smart Lock

Artboard

Your Door is About to Get Clever Through Smart Lock

Recent progress in smart security and safety devices give consumers new and extended solutions to assist them to deal with the worry of securing their homes. There are few companies who have invested in smart lock technologies by creating smart, connected products and services that guarantee to make the home safer than ever.

Definition of Smart Lock:

A smart lock is a Wi-Fi or Bluetooth-enabled smart home device that allows users to lock and unlock a door by sending secure signals from a mobile application on their smartphone, computer, or tablet.

A Smart-Lock is an electromechanical lock which is designed to perform locking and unlocking services on a door when it gets such instructions from an authorised device using a wireless protocol, Bluetooth, and a cryptographic key to perform the authorization process. It also manages access and sends signals for the different roles it controls and some other important functions connected with the status of the device.

Components of Smart Lock:

Smart locks, like the traditional locks, require two main components to work i.e. the lock and the key. The key is not a physical key in the case of smart locks, but a smartphone which wirelessly operates the authentication process required to automatically unlock the door.

How to use Smart Lock?

Smart locks enable users to allow access to a 3rd party by means of a virtual key. This key can be sent to the receiver’s smartphone over standard messaging orders such as email or SMS. Once this key is received by the receiver will be able to unlock the smart lock during the time earlier defined by the sender.

Smart locks are authorized to give or deny entry remotely via a mobile app. Certain smart locks hold a built-in Wi-Fi connection that permits for monitoring features such as access notifications or cameras to show the person requesting access. Some smart locks highlight a camera, which stores a picture of those entering the door and makes for an effortless referenced photo log.

Types of Smart Locks:

Smart Locks comes in different shapes & modes, depending on the nature of the Door and the traditional lock fitted in.  For example, the traditional latch doors can be fitted with a simple Smart Latch Lock, Glass Doors can be fitted with Smart Magnetic Locks.

Since different doors & physical devices have different form factors, the smart locks also need to have different form factors based on the locks/devices. Though the smart locks required are different as per the device/lock, what is required from the usability perspective that all Smart Locks Open seamlessly from One App?

This is what has been made possible by Open Appliances.  Open Appliances in not only building Smart Locks of different Form Factors but are also providing the software layer which helps operate these locks seamlessly. Openapp is building the future of security and this is a sneak-peek into what the next future looks. There are 3-fundamental technologies combined in different versions: 1) Fingerprint 2) Bluetooth (Low range 1-5mts) 3) GSM (real-time updates).

Artboard Copy Artboard

For more information about the Smart Lock, watch the below-mentioned videos

Smart Magnetic Lock

Benefits of Smart Lock:

The 7 benefits of a smart lock are multifold in a residential setup. Let’s list some of them here:

  1. Remote password setting to unlock.
  2. 3/5-way access provision (fingerprint, phone, digital keypad, RFID and emergency physical key)
  3. Enable Guest/ Tenant codes
  4. One time access provisions for delivery/ maid/ security guard, etc..
  5. Schedule the allowed times to use guest and one-time password
  6. Time-based access for shared amenities.
  7. Reporting and monitoring of use for all of the above scenarios.

How are CommonFloor Groups Integrating with the Smart Lock technology?

CommonFloor Groups is committed to Apartment/ Community security and it already has “SmartGuard” functionality in its App which helps communities track the check-in / check-out of visitors.

We plan to extend the features, by providing security solution at Club House, Gyms, Store Rooms and other restricted areas in the community.  Once these places are secured with the Smart Lock, users will have to use CommonFloor Groups App to open/close the locks.

Club House / Gym / Facilities

  • All residents will be able to use Open these facilities with the help of CF Groups App.
  • Restrictions can be placed on no-body being able to open these facilities beyond 12 AM in midnight etc.
  • Every time the facilities are opened/closed, it is logged into our system and Admin/Property Manager can track what time any resident entered the facility.

Store Rooms / Main Gate

  • These locks can be placed in Store Rooms,  Main gate, etc.. and the restricted number of people can only be given access to open the locks.
  • Every time the lock is opened / closed log is maintained in our system as to what time it was opened by which person.

Home Security

Residents can buy the Smart lock for their houses and set permissions for the locks such that only the members they approve can open the locks.

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CommonFloor Brand Activation At Bengaluru’s Top IT Parks

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CommonFloor Brand Activation At Bengaluru’s Top IT Parks

Once again CommonFloor comes up with new ideas and thoughts. They have organized several events in various Residential Societies of north and south Bangalore to motivate & appreciate the people of the societies. Last quarter, they conducted an event in Bengaluru’s top IT Parks such as Manyata Embassy Business Park, Bagmane Tech Park, Cyber-Tech Park, RJA Tech Park, etc.

https://www.lilyhair.co.uk/collections/tape-in-hair-extensions

The events conducted by CommonFloor as “CommonFloor Brand Activation At Bengaluru’s Top IT Parks” is one such event that witnessed an amazing response amongst various IT Parks of Bengaluru. CommonFloor brand activation event designed to cater to the property and automobile by brand building and focusing on generating footfalls and enquiry for your products.

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The main motto of conducting this event to showcase the product to reach “N” numbers of the potential targeted audience of IT employees and to tell about the product and services which helps in growing business and generating a fair number of leads which helps in conversion for a brand to grow their business.

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CommonFloor helps in reaching all the Tech Parks in Bengaluru as well as other cities of India which caters to the needs of the brand according to their visibility of marketing. Hence, in this way, CommonFloor helps in reaching multi-national companies, and R&D Companies helping brands to display product & services.

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The blend of Tech Park & Society Activation provides executors with an excellent opportunity to generate new business & build the pipeline by generating a genuine enquiry on spot.

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Once again CommonFloor thanks an appreciates the enthusiasm shown by the IT employees for making the event grand successful and encourages us to organise many more events like this in the days to come.

 

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