Capital Protection Clause
Bakeri introduced Capital Protection clause in 2009 to ensure customers about their investment in Bakeri properties. Capital Protection Clause is basically an assurance from Bakeri Group to its customers that investment made by them will be protected against any downturn in property prices. If at the time of the possession the printed selling price of the project is less than the one you had booked at, Bakeri Group shall pass on the difference back to you
We participated in the Times Property Fair held on 18th and 19th June 2011 in Ahmedabad. This is a bi-annual event held in the city that attracts a knowledgeable audience of visitors who are genuinely interested in real estate. This event saw a sizeable footfall of over 8000 persons visiting the fair.
There was an increased interest shown in investing in plotted development by the visitors. Media coverage of the event was good which led to an increase in footfalls at Bakeri City. The fair also attracted builders from other states like Goa.
We at Bakeri constantly strive to interact with our stakeholders to understand market conditions in a better manner and provide products that are in line with market needs.
Keeping this in mind, we held a channel partners’ meet at Serendeep, our luxury mansions’ project on 3.6.2011. After a brief presentation of all our projects by Sr. General Manager Mr.Kishen Seth and Assistant Manager Mr. Niket Shah, there was an interactive session amongst all present. The channel partners were about 60 persons while Bakeri was represented by over a dozen persons.
After a brief visit of the premises in drizzling rain, everyone was treated to a grand dinner before parting for the evening.
We, keeping our vision of expanding our footprints in western and southern India in mind, have recently launched a mid segment residential project in Vadodara .
One of our associate channel partners had organised a meet at Vadodara on 7th May 2011. The invitees – about 100 plus – included channel partner,potential investors end users. The Venue for the event was Hotel Express Residency, off R.C. Dutt Road, Vadodara.
Bakeri Team headed Kishen Seth ( Sr GM Sales) were present for the session. Anup Shah (Sr Mngr – Business Development) gave brief presentation about Bakeri Group, its Vision and the project Bakeri Swara. This was followed by the interactive session where questions regarding the projects were answered by Niket Shah (Mngr Sales) & Harin Desai (Mngr Sales)
The question / answer session gave us a good insight into the aspirations and expectations about real estate of people living in Vadodara. The session whetted the appetites of all and hence the evening was summed up with a fine dinner.
We closed the evening by inviting all to visit our Bakeri Swara project at Vadodara, which later was converted into large footfall at the site on sunday
We expect to continue doing such meetings and other events in the future to get a firm foothold in Vadodara real estate market.
THE WOMEN TEAM MEMBERS AT BAKERI HAVE FORMED AN INFORMAL GROUP NAMED ‘MAHILA UTKARSH SEVA SAMITI’ WITH THE OBJECTIVE OF ADDRESSING HEALTH ISSUES AND WORKING TOWARDS BETTERMENT OF WOMEN LABOURERS WHO ARE EMPLOYED AT BAKERI GROUP’S VARIOUS PROJECTS. SERVICES OF NGOs WILL BE TAKEN TO ADDRESS VARIOUS ISSUES AS THEY EMERGE FROM DIALOGUE WITH THE WOMEN LABOUR FORCE.
THIS INITIATIVE IS TAKEN KEEPING IN MIND BAKERI GROUP’S VISION OF MAKING GREATER CONTRIBUTIONS IN THE FIELDS OF EDUCATION AND HEALTH AND CONSTANTLY ENDEAVOUR TO MAKE THE WORLD A BETTER PLACE.
Greetings from Bakeris.
A big thank you to all our well wishers. It has been your continued support and feedback which has kept us ahead of the rest and we have been able to deliver to the best of our abilities.
In order to cater to our patrons and prospective customers, we are coming to The United Kingdom to meet you in your home towns. Yes, we are participating in Best of India Property Expo at Birmingham, UK on 26-27 February, 2011.
We will be more than pleased to serve you with our buffet of projects, containing residential apartments in the heart of Ahmedabad and weekend homes that are far away from the noise and hustle / bustle of a city. This is not the end; we also have more alluring projects for you to invest in.
Please do come and visit us at:
Best of India Property Expo-2011,
Venue-NEC, Birmingham, UK
Date-26th-27th Februaury,2011
Time- 10.00am to 7.00m
Mr.Anup Shah -07922242455
Mr. Niket Shah- 07722140816
Mr.Kishen Seth-07466615587
Singing of lullabies – Halarda in Gujarati – is what most of us have experienced as little children when we were in our parents’ arms. Halarda is and will always remain a very important means of communication between the parent and child. In Gujarat, over the decades, Halarda has developed into an art, where the parent / family elder passes on a culture and values to the young ones while putting them to sleep.
Zhaverchand Meghani and Madhav Ramanuj are two Gujarati poets who have contributed in taking the art of singing Halardas to a high level. Over the decades Gujaratis have been singing Halardas for their children that have been composed by these poets.
With the kind of fast track lives that we are leading today, the importance and practice of singing Halardas to our children is fading. This behaviour is reflected in the values and cultures our children are adopting today. We need to revive this art so as to preserve our rich culture and traditions. An initial effort was made by a group of concerned individuals who got together to address the issue.
On 18th February 2011, Lalitya Munshaw invited Kathak exponents Maulik Shah, Ishira Parikh to present Halarda as visualised by them, through manifestation of emotions by Kathak Dancers Shubha Desai and Uttara Parikh. The programme was held at Ahmedabad Management Association premises duly attended by chief Minister of Gujarat and other known personalities, who extended their support for reviving this art.
Bakeris have always been at the forefront of promoting and supporting such causes. They have always come forward to ensure that any form of dying arts are revived to their old glory. In this case they took the lead to organise the event and make a start to reviving this beautiful art. It is the first step to ensure that we do not lose our traditions and values in this age of computers, mobile phones and fast food.
By Anup Shah
Sr. Manager – Bakeri Group
I, Anup Shah Sr Manager – Marketing and Business Development, at Bakeri Engineering and Infrastructure Limited recently participated in an International Property Fair.
The Best of Property Expo 2010 was held at Alexandra Palace, Alexandra Palace Way, Wood Green, London N22 7AY U.K. on 31stJuly and 1st August 2010 In all there were 27 participants panning India.
I was accompanied for this fair by my two other colleagues Kishen Seth (Sr GM Sales) and Niket Shah (Asst Manager Sales).
This was our first international property exhibition. We had participated with the primary objective creating brand awareness about Bakeri Group in the international market. Also UK is home to one of the largest Non Resident Gujarati (NRG) Community. Exposure at this fair allowed us to understand their perception towards investing in properties in India, especially Ahmedabad and other big cities of Gujarat State.
During two days at the property fair, NRGs formed a very large part of the visitors coming in. Having been into the business since 1959, most visitors had known about us.
It was also very encouraging to note that most of the NRG and NRIs are sold upon the Indian Growth Story and willing to invest in it not taking into account the Economic Recession in the local market. These are very healthy signs for the Indian real estate and economic activity as a whole.
This property fair was a great platform for us to create brand awareness and understand the real estate asset class that the NRG community are looking forward to. Based on our experiences, we are looking forward to adding newer asset class in our development portfolio. To name a few: Assisted Living, Medical Tourism etc.
I shall keeping you posted on this development in my subsequent blogs
By –
Real estate is the land and the changes that are done to that land. It also involves the rights to use and consume them.
In essence anything affixed to land with the intent of being permanent is considered to be part of the land and therefore real estate. Thus, houses, office buildings, factories, schools, barns, fences, roads, pipelines and landscaping are real estate. As a group, these are referred to as improvements because they improve or develop land.
The prima facie view of this understanding shall involve only the surface of this Land. But in essence it is more that that. This said piece of land starts at the centre of the earth, passes through the earth’s surface, and continues on into the space.
This perception of any land parcel is necessary to fully comprehend the different forms of rights that can be utilized for particular parcel of land. In essence it is possible for one person to own the rights to use its surface (surface rights), another to own the rights to drill or dig below its surface (subsurface rights) and still another to own the rights to use the air surface above it (air nights). To draw an analogy, as per our constitution, all natural minerals that can be found in the anywhere within the limits of the national boundary may it be on land, below land or in the sea, shall be owned by the Indian Nation.
Hence the land though may belong to you, but if that parcel of land holds any mineral reserves like oil, gas, iron ore, gold etc, the right of those assets shall belong to the nation. The government has to rights to forcefully acquire the land from you, though it will pay a pre set price as set by the revenue department.
Essentially land is the base of all immovable properties. The physical characteristics of land are immobility, indestructibility and non-homogeneity. These combinations of characteristics make land different from other commodities. Courts of law recognize all these characteristics of land and consequently treat land and property thereon as non-fungible commodity that is non-substitutable.
Now there is a very fine line between the physical and economic characteristics of land as the constructed or the physical being of the land greatly influences our perception of that particular real estate.
To put the idea in perspective Gurgaon 2 decades ago without any development was barren land with no value attached to it. DLF bought huge tracts of lands and conducive government policies has transformed the entire place into the model modern day city. (Though it may not have sufficient power and water) Today the barren land 2 decades ago is the most sought out real estate in the country with the real estate having grown more than 500% in this time frame.
In real estate industry land plays a vital role in other sense, it is the main raw material. Based on this there has always been scarcity of land in a given geographical area where there is a great demand for built space. It is a man made condition thus, although there is a limited physical amount of land on the earth’s surface, scarcity is chiefly a function of demand for land in a given geographical context
