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In this exciting new episode, we sit down with Parth Mehta, CMD and Founder of Paradigm Realty, to explore the inner workings of real estate development. Ever wondered how much developers actually earn? What challenges do they face, and what does it take to succeed in this high-stakes industry? Join us as Parth Mehta shares insights on managing risks, navigating losses, and maximizing profit margins. Hosted by Govind Rai, CEO and Co-Founder of Insomniacs, this conversation sheds light on the complexities and rewards of the real estate business. Don’t miss this deep dive into the realities of real estate development! 🔔 Subscribe and stay updated for more insider insights! #SleeplessRangers #BuildersAndDevelopers #UnderconstructionProjects #ParthMehta #ParadigmRealty #IndustryRisks #RealEstateMargins #RealEstateTalk #DeveloperEarnings #SuccessInRealEstate #RealEstate 00:00 Promo 01:34 Introduction 03:12 Who is Parth Mehta? 07:26 3 things that make Parth stand out amongst other Real Estate Developers 10:33 Start of Paradigm Realty in 2015 12:57 Parth’s beliefs and values for his company 14:57 What is Parth’s end goal? 16:13 3 fundamental things Parth did right 16:40 Learning phase in Parth’s life 17:27 Parth’s fundamental on choosing locations for his projects | Lakshman Rekha 20:55 Why Paradigm Realty? 22:15 What is something different that Paradigm Realty gives its customers? 28:09 1 crore in Equity vs Real Estate 28:21 1 crore in Western Mumbai or Navi Mumbai? 30:22 1 crore for a small house in Bandra or a bigger house in Borivali 31:37 As a Real Estate developer with 1 Crore, where will Parth go? 32:55 1 Crore in an under construction home - for 600 sq. ft. with a branded developer or 700 sq. ft. with a non-branded developer? 34:23 Invest 1 Crore in a commercial property or fractional ownership? 35:47 Standalone Building or Mixed Development or Township? 40:12 Would he invest in an under construction home? 45:32 5 events that got Parth where he is 52:17 What is the margin Parth is making? 56:47 How does Parth deal with ups and downs in life? 1:00:49 Who can solve the scalability issue? 1:02:35 Why are developers charging more? 1:03:23 Which companies do a lot for top developers? 1:04:47 How important is the broker narrative? 1:05:46 Can the role of brokers be disregarded? 1:07:15- Is sales something which is a one time affair? 1:09:20- What is the only way to success? 1:11:50- How does the JV affair go? 1:13:38 What are the 2 things Parth has learnt at Paradigm Realty? 1:18:30 Who are the people who understand the 1ft extra difference? 1:19:47 3 Real Estate Developers in India that he admires 1:21:03 Who is his favourite architect in India? 1:21:19 Three top locations in India to park 1 Crore for investment 1:23:01 Which technology company does he admire the most from India currently? 1:24:18 Is communication going to have a distal technology play? 1:24:44 How do you build an institution in the Real Estate space? 1:28:12 Is there corruption in the Real Estate Industry?