CEO Insights India

Mysore is well known for its enormous blocks of developable land, with plots accounting for over 70 percent of the city's residential property. As a result, many investors have purchased vast land parcels as an investment, expecting significant returns in the future. Given the reasonable affordability of land prices in the area, it gives a lucrative opportunity for long term investors. With several infrastructure facilities currently in place and more on the way, the city is likely to grow rapidly in terms of real estate.

Significantly, one of the leading real estate companies in and around Mysore with over 27 years of experience in the real estate sector is GSS Project Consultants (P)LTD. GSS Projects was established in 1994 by Srihari Dwarkanath, a seasoned professional having 10 years of experience as a banker in a nationalized bank and more than 25 years in the private sector. In an exclusive interview with CEO Insights Magazine, Srihari Dwarkanath, Chairman at GSS Project Consultants walks us through his professional experience as well as the distinguished aspects of his company.

Brief us about your professional journey and what prompted you to establish GSS Projects Consultants?
I spent ten years as a banker in a nationalized bank and have more than 25 years of private sector expertise. While I was preparing for civil service exams, I was also writing a competitive exam for bank insurance and I was selected to Oriental Bank of Commerce where I had 10 years of banking experience. I discovered that the entire market that I was targeting was disorganized and under served. As a result, in 1994, I started a banking consulting firm to fill this void in the market.

We obtained a decent amount of experience serving a majority of clients in the construction and real estate sectors which enabled us to delve into the real estate market as an ethical advisory firm. Significantly our research team discovered a growing demand for properties in Mysore in 2004-2005 this meant that the afore mentioned city had a lot of untapped real estate potential. As a result, we established a branch in Mysore to expand our business.

You have been delivering your expertise for 27 years in GSS Projects Consultants, what is the success mantra behind this perseverance?
Being a first-generation Entrepreneur, my family always stood by me. My father and grandfather had instilled in me the habit to pick on every challenge in life. Probably this is most likely why I am capable of picking up any challenge, whether professional or personal. Besides which, networking, not losing my emotion in situations, thinking in advance, updating strategies, staying aligned with the latest technology and changing market dynamics, smart work and hard work combined together as well as sticking to the same business possibly for all these years have been the success mantras that have helped me overcome all the challenges along the way.

How would you define GSS Projects Consultants as an organization? What are the market trends it has adopted recently and challenges that it solves for investors today?
GSS Projects specializes in developing and marketing sites and plots in Mysore. We've completed about 100 projects and with each one, we've learned and improved, as well as enhanced our quality for the benefit of both our customers and ourselves. We have received assistance from several builders, developers, and real estate agents,

as well as well established ties in various government departments.

All in all, we've recognized and comprehended the stress and discomfort that private investors endure in the real estate market, particularly concerning loans, documentation issues, and property ownership, and we've extended our services to them. Our entire payment system is very clear. In the last 27 years, particularly in real estate, we have never defaulted on any payment even for a day. We are always abreast of market trends and potential investor concerns, and we work round the clock to help our clients avoid and over come them. This is what has made our company's moniker, GSS, a brand Genuine, Safe, and Secure.

What will be the state of Real Estate investments in post pandemic Mysore, in your opinion?
Real Estate presents a big market opportunity for entrepreneurs and also for a retail real estate investment, and just because it's an unfamiliar investment vehicle doesn't mean it should be shunned. A real estate investment can be a successful and reliable investment opportunity that generates considerable profits if approached appropriately. It can provide a steady stream of income while also adding value to your portfolio. In comparison to gold and other investment possibilities, real estate has a low level of volatility. Real Estate investing is one of the finest ways to get a regular monthly income in the form of liquid cash and is perfect for a long term investment.

What would be your advice to future Real Estate Entrepreneurs based on your strong wisdom?
Aspiring entrepreneurs who are ready to enter the market should be well versed with the market and have a firm grasp on the investors as well as government norms and regulations. The market is vast, with 99 percent of it untapped, and future entrepreneurs can gain a firm foundation in the real estate sector, particularly in Mysore.