People from all corners of the world including India itself demand freedom and financial independence and hence are shifting from a nine-to-five job culture to a way more flexible and advanced though a volatile occupation. This option is not new to the world, though, in today’s world it is gaining a huge preference over all other sources of making money. We are talking about entrepreneurship. One of the most efficient ways of making money. It is the idea of starting a new business with the intent of making money.
An individual or a group of individuals come together and start a venture with the prime objective of making money and creating job opportunities for others as well.
Real estate entrepreneur:
A real estate entrepreneur is one who primarily deals in land and properties, purchases a property, makes necessary modifications to it and then sells it for a promising profit. But this is not that’s all to it. It is quite more delicate than it sounds, there are various risks that need to be looked into, various legal issues that need to be looked after.
Risks:
- Not all properties that you see are legally built, you need to take a good cognizance of the properties you are about to purchase before making any deal.
- Must look after all the paperwork’s involved in the purchasing of the properties and also the sale of the same.
- Must be well aware and prepared to tackle fraudsters that would surely try to extort money from you.
- Should always keep both the eyes open for fraudulent deals. You could lose your money and reputation as well if you don’t avoid them.
These are some of the major risks that might trouble you as a real estate entrepreneur, but no risk or hazards are such that they can’t be eliminated. Some landmark steps should be taken so as to avoid any such problems.
Possible solutions:
- As for the legal work, you must keep in touch with good lawyers and hire efficient legal advisors who would help you tackle all sorts of legal troubles.
- Should keep good and efficient associates who would help you tackle fraudsters.
When talking about the real estate entrepreneurs, a fundamental question arises, about the success rate of this business. This could only be answered by looking into the lives of the successful entrepreneurs. The list of such individuals involves in numerous names and it certainly is not possible to talk about each name. Yet, there is one eminent visionary individual among all the big names, that you cannot possibly think of avoiding. His name is Rohit Reddy, the founder of Signature Developers, a Hyderabad based real estate company. Rohit with a vision of taking the property development projects in Hyderabad to the top notch and a whole new level started this venture in 2006 and in less than decades left his impression in the industry.Rohit is quite popular among the youth for his dedication towards fitness and flair for fashion. One might want to visit the company’s official website rohitreddy.co.in so as to look at the milestones he achieved so far.