Ep 37 | PMAY Scheme | Ease of doing business | 50% Premiums | Ft. Domnic Romell

Mr. Domnic Romell, Director of Romell Group, is a visionary leader with 20+ years of experience in real estate. As President of CREDAI-MCHI, he shapes Mumbai’s real estate landscape. Known for his intellect, humility, and commitment, he fosters excellence, collaboration, and industry growth. In this episode, we explore Romell Group’s growth journey from starting as a small shop owner to becoming a real estate developer. We dive into the challenges of their first project, the impact of underworld fear, and the importance of government relations. The discussion also covers various leadership styles, sales and marketing strategies, the profitability of outright projects, and CREDAI MCHI’s key objectives. Additionally, we touch on the effects of 50% premiums, the PMAY scheme, managing cash flows, building company culture, and much more, drawing from over 20 years of experience. Timestamps 00:00 Trailer 01:06 - Introduction 01:39 - Overview of Romell Group and its Founding Story 03:14 - Overcoming Underworld Fear 03:33 - The First Project 05:12 - The Growth Journey of Romell Group 06:20 - Leadership Approach and Style 07:22 - Involvement Across Different Departments 09:05 - Sales Strategies and Tactics 11:07 - Development Milestones at Romell Group 13:40 - Experience with Redevelopment Projects 13:52 - Profitability of Outright Projects 15:34 - Objectives of CREDAI MCHI 18:36 - Shaping Policies for the Association 21:08 - Impact of 50% Premium on Projects 22:21 - Understanding the PMAY Scheme 23:25 - Key Takeaways from the Journey 24:33 - Managing Cash Flows Effectively 25:20 - The Story Behind the Use of Multiple Languages 26:24 - Advice for the Younger Generation 28:29 - Future Vision of Romell Group 29:01 - Building a Strong Company Culture 29:33 - Conclusion Guest Mr. Domnic Romell Director at Romell Group and President of CREDAI-MCHI Instagram: http://www.instagram.com/romellgroup Facebook : http://www.facebook.com/RomellGroup