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In Conversation With AVR Chowdary, G & C Global Consortium Pvt. Ltd.

Nirmala Garimella
08/30/2008

G&C Global Consortium was launched in year 2002 by the dynamic husband and wife duo of Mr. A.V.R. Chowdary &  Mrs. A. Gouthami. The company was then known as G&C International Associates and within a year of inception rose to be one of the fastest growing Marketing Associates in its franchising field in India.

Mohan Nannapaneni hosted a talk by Mr Chowdary at the Kebab Indian restaurant in Lowell recently where more than 40 people showed up to view his presentation.

Could you give us a background on the inspiration behind this company you founded?

I was a successful professional in corporate life and served one of the leading PSU of India for 20 years serving in various capacities. I was rated as the best divisional manager in the country in the year 1999 /2000. However, I realized that to create wealth for myself and all those who are associated with me, I have to strike out on my own. During that phase of my life I had the opportunity of investing in real estate through a broker and he was making 10 times more money that I did just by putting buyers and sellers together without much serious service of any value to either of the parties. This set me thinking and I came to the conclusion that with my background and contacts I could do a much better job in that field by setting a professional broking firm in real estate . Eventually I took a bold decision to give up my old career and started our company 'G & C International' in 2004 and subsequently it was made into a private limited company and simultaneously renamed as 'G & C Global Consortium Pvt. Ltd.'

 I can say with humility and pride that we are now No-1 in South India in our field of operations having done deals worth more than 1250 crores with a wide branch network in India and abroad in Dubai, Singapore, USA to cater to the requirements of NRIs and we have more than 10,000 relationships developed round the globe . So far, I can say with a sense of satisfaction that our company has helped both developers and investors to reap significant benefits.

What is the purpose of your visit to Boston and other cities here?

Boston is part of my leg covering 9 cities in USA for doing my road shows in line with the company philosophy of 'Creating Wealth for All', I have been coming to USA to showcase our UNIQUE  Operations/ business model  to draw  NRIs attention  and educate them on  all the possibilities of wealth multiplication through us and to give a feel of depth and transparency of our operations particularly in South India where G & C has a very strong image and hold.   The villas and apartments offered are from top 5 to 7 brands of each city in the South who are well established and reputed builders, at attractive rates and most of the times at PRE -PUBLIC LAUNCH prices which are given exclusively to G & C clients and hence TOTALLY UNIQUE IN MARKET . We provide a complete package of property management services including RESALE of properties acquired through us. In fact key to our phenomenal popularity and success in USA is due to our taking responsibility to resell whatever buys through us The current road shows are a part of on-going process incidentally offering the latest projects coming up in Bangalore, Hyderabad and other places in South India in pre launch .

 Incidentally , I am presenting at the business series of AKKA, 2008 to be held from 29th Aug to 31st August at Rosemont Convention Center, Chicago where I am giving a lecture on the topic named- Opening new world in realty investment for NRIs- Crossing Boundaries.  Around 300 NRIs who are interested in the subject are  expected to attend the same besides 100s visiting our stall.

How can NRI's avail of some of the offerings of top builders in India?

First of all they have to be in our global mailing list of patrons and for that purpose , they can log into our website www.gcglobal.in and subscribe to news letter or simply send mail to me at avrc@gcglobal.in . This will update them of various offerings given from time to time on invitation basis only wherein ,I will be sending mail personally to all those listed IDs globally( right now, we have more than 10,000 investors IDs and growing daily) alerting them to check website for that project. This step is very important as at times potential investors missed the chance by contacting us late after project is announced etc., They can get a chance by getting in touch with our extensive branch network/ business coordinators. But if any NRI wishes to invest in any particular project which is not in our list, we can help in that choice too. But since our offers are  at pre-public launch stage it gives a  distinct advantages of price, payment terms and choice of unit within the project. We handle all the paper work till the agreements are signed and delivered. We believe in long-term relationship and do not limit our services to only to the sale transaction.

What are the advantages of investing in these real estate opportunities?

Investments made through us are safe and assured of a good return as we bring only select pre-public launch from top brands of each city and once any NRI  comes to our fold they can have life long association  as we can keep getting them outstanding investment offers almost on monthly basis as we operate across all markets in South and we take responsibility to resell whoever buys through us. That is really unique as then any NRI coming to our fold then need not bother their aging parents or take obligation from their relatives/friends and can keep on investing and reselling through us once in 2-3 years to make substantial wealth in sync with our corporate tag line CREATING WEALTH FOR ALL. . With the real estate turmoil in USA, UK and in Europe, India  still offers a good opportunity to NRIs to multiply their wealth without risk although percentage of appreciation might be lower compared to 6 months back as inflation in India is also high and mainly linked to oil prices but expected to improve in few months time. However, our projects are very carefully screened before being offered here and always in growth corridors and hence more or less insulated from market ups and downs

Give us a sample of some investments that NRI's should consider?

 Most universal opportunity for any NRI is as below . They can also get a housing loan in India which our office will handle if they wanted as we act as single stop shop for housing loans, rental offerings, property management wherever our clients desires.

 1)Investing in pre-launch of villa projects in major markets like Bangalore, Hyderabad, Chennai, Cochin, Vizag etc.,where by booking amount is anywhere ranging from 30 to 50 lakhs and thereafter one can take bank loan( 80 to 85 % of total value funded by banks) . If they sell their villa before registration ( that is at the time of completion of construction which is generally 2.5 to 3 years) they can make anywhere between 75 lakhs to 150 lakhs as capital gains and may be more depending on market hype.

 2)Investing in Delux flats in outstanding projects where one need to put in 10 to 15 lakhs booking amount and then take 90% loan. When sold after 3 years before registration , one can make anywhere from 15 to 40 lakhs depending on market hype etc., For knowing or getting such opportunities one need to register with us by sending mail and is free of any charges as we believe in long term and life long alliances with all stakeholders.

  Besides, there are lot of tailor made options equally attractive depending on individual investment options which I generally advice based on personal interaction.

If our reader is interested in getting in touch with you what is the best way to contact you ?

They can call me on the phone 09980380000( Bangalore) or  best is to send me an e-mail at avrc@gcglobal.in and I assure them that you will get a  reply  in less than  24 hours.

Back in India VOIP phone number is installed in our office (1-845-367-4145) which will be responded by one of our customer service rep between office hours in India headquartered at Bangalore  from 9.30 am to 6 pm .



 

 



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