Hyderabad’s Ashoka Developers makes its foot in India’s Most Reputed Real Estate List

DLF, Godrej Properties and Lodha Group top in the All India Most Reputed Real Estate list

Hyderabad, September 29, 2016: Hyderabad’s Ashoka Developers& Builders (all India ranked 20^th), is the only city-based developer to make it in India’s Most Reputed Real Estate list, in a study by BlueBytes in association with TRA Research (both part of the Comniscient Group).Gurgaon-based DLF ranked as India’s Most Reputed Real Estate brand in the report. Mumbai-based Godrej Properties trailed DLF at the second spot. Another Mumbai-based developer, Lodha Group, featured third, followed by Hiranandani Developers at the fourth place, which had a Brand Rep Score 14% lower than Lodha. Tata Housing ranked fifth with an 18% lowerBrand Rep Score. Bangalore-based Prestige Estates came in at sixth place and is the second non-Mumbai-based developer to make the list. A total of eight Real Estate developers from Mumbai featured among the top 10 in the Most Reputed Real Estate Brands list. K Raheja Corp. took the seventh spot, followed by the 150-year-old Shapoorji Pallonji, which took the eighth spot. Oberoi Realty (ranked ninth) and Indiabulls Real Estate (ranked tenth) completed the top 10. A total of 57 Real Estate brands were listed in the India’s Most Reputed Real Estate Brands report. This Report is the third in the India’s Most Reputed Brands series, and BlueBytes is set to launch a Report each month that covers different Sectors. The study evaluates Brand Reputation by analyzing media perception and consumer perception.

“Realty in India is intimately connected to progress, to growth, to business success, and to the asset building of its populace. Though Real Estate investments in the coming years may not give the returns it has been giving for the last 2 decades, this can only be seen as a sign of the maturity of the Industry.Maintaining a good Reputation in this competitive Sector is a tough task, as the Industry is intricately connected to social status,finances, and foresightedness. With a trend of top retail brands entering the city, the developers will have to not only focus on building reputation, but they also need to invest in sustaining it,” said Pooja Kaura, Chief Spokesperson for India’s Most Reputed Brands.

India’s Most Reputed Real Estate Brands was a study conducted within the Real Estate Industry with BlueBytes analyzing news of 57 realty brands in all the major English and Hindi print media (newspapers and magazines) across 9 cities as a representative of the news across all media. A total of more than 27,000 articles related to different Real Estate brands were captured in the period between August 15, 2015, and August 15, 2016. In addition to news analysis, the consumer’s perception was also studied and this part of the analysis was contributed by TRA Research, which interviewed 2,500 consumer-influencers on the aspect of Respect. The 60-page, soft-bounded report is available for Rs. 999/-.

India’s Most Reputed Brands

‘India’s Most Reputed Brands’ is a product of BlueBytes in association with TRA Research, both nestled under the Comniscient Group. The companies bring together a unique synergy in the business of Reputation Measurement. The Report leverages their unique specialities– BlueBytes, which is focussed on measuring transmission of respect as perceived via the Print Media, and TRA, which specialises in measuring consumer perception. BlueBytes tracks all the brands’ news in all the major English and Hindi print media (newspapers and magazines) across 9 cities as a representative of the news across all publications. While TRA Research contributes with interviews on 2,500 consumer-influencers on the aspect of Commanding Respect. ‘India’s Most Reputed Brands’ is a one-of-a-kind study. BlueBytes and TRA Research are geared towards mapping the Reputation topography of different Sectors.

Corporate Comm India(CCI Newswire)