Director Samruddhi Realty Limited
Mr. Ravindra M. Madhudi, was appointed as Director of Samruddhi Realty Ltd in the year 2004 and currently holds the position of Whole time Director. As a veteran in real estate world, he understood that buyers in Bangalore comprise of a large section of non-Bangloreans. The growth in other industry segments, such as automobile, textile, jewellery and manufacturing have been extremely well. This has maintained the inflow of people to Bangalore. And this trend in turn has helped the real estate industry as it saw an increased growth in the mid-segment buyer, from Rs 50 lakh to Rs 80 lakh, which forms the bulk of the market.
He has been able to build lasting relationships with several MNCs across India. He believes that, “there would be rise in the growth curve in the coming year specially the affordable homes and more so in the outskirts of the city in the ticket range of 45-60 lakh, as there are industries and IT companies here. Also, we might see increase in price by 15-20 per cent.”
1. With over 16 years of experience in fields as diverse as market research and real estate, Madhudi manages business development, design, construction and marketing of SRL.
2. He has been the initiator for many new key decisions at SRL and has been key player in the growth of Company.
3. Prior to Samruddhi, he was also associated with Real Estate consultant Knight and Frank.