A client oriented firm, CITIHOMES is a specialist in delivering lucrative and profit making deals for their clients.
CITIHOMES was established in 2005 by Realtor (Rr) Kumar Siddharth, who started his journey at a very young age and became a seasoned realtor with uncompromised integrity, and a professional with a cutting edge marketing strategy.
At first, Rr. Kumar Siddharth started a travel company and was in the hospitality business. He started diversifying when the travel industry began going through its share of challenges. While still in the travel business, he cracked a few real estate deals. He decided to enter full time in the real estate business and established CITIHOMES in 2005. Till date, Rr. Kumar Siddharth has sold a number of properties/projects and has created a large investors portfolio.
CITIHOMES handles the sale of luxury, mid-segment and affordable properties. They are experts in land acquisitions, client investments and corporate leasing. Right up from renting residential and commercial properties to sales; CITIHOMES does it all. CITIHOMES has become a master in exclusive mandate/ sole selling in resale properties and projects where they help builders to sell their entire projects.
Rr. Kumar Siddharth’s consistent sales achievements places him among the highest ranking realtor in Goa and is widely recognised as a known face in Goa’s real estate sector. His one-on-one meetings with clients within various places in Goa, outside the state and other countries ensure that his reach is widespread. He has a portfolio of local/ national level/ Non-Residential Indian (NRI) and High Net-worth Individuals (HNI) clients.
CITIHOMES has the distinction of selling the highest number of properties in Goa. Rr. Kumar Siddharth has sold many luxury properties to cricketers, celebrities, faces from the fashion industry and heads of various corporates.
CITIHOMES aims to bring investment to Goa through industry/ corporate/ startup and end-users to set-up a base in the state. CITIHOMES are experts in second homes/ vacation homes and are relocation experts. Overall, CITIHOMES promises a win-win situation for all stakeholders in the real estate market such as corporates, builders, investors, end-users, buyers, and sellers.
CITIHOMES ensures that buyers and sellers have a smooth and stress-free process right up from the start to post sale by keeping various legalities in mind. CITIHOMES believes in building relations and their portfolio extends towards solving litigation and dispute matters of various properties. CITIHOMES have their own in-house advocates, a liaisoning department and an IT department for marketing. They have solved many land disputes and people have placed their trust in them. Rr. Kumar Siddharth has an experienced team and they assist various buyers and sellers who approach them, in a professional manner.
Rr. Kumar Siddharth has been a bulwark to upcoming builders in planning, launching, location based demand, projection of marketing and sales by keeping Goa’s architectural aesthetics in mind along with innovative infusions of different architectural styles.
Rr. Kumar Siddharth says that the best time to invest in real estate in Goa is now, in order to make your investment grow. “We have seen the market growing for many years and during the last couple of years we have seen a tremendous demand for properties in Goa. There is a gap in demand and supply and things are going to be different thereafter. CITIHOMES share in Goa’s real estate market is continuously on the rise, year after year,” he adds.
CITIHOMES are experts in understanding the requirements of their end-user clients and make sure their investors’ investments grow rapidly while generating a higher rental Return on Investments (ROI) which has helped them acquire large investor portfolios.
Rr. Kumar Siddharth lists out the challenges faced in the real estate sector. “Firstly this is an unorganised sector in this service industry, if the Central Government streamlines this sector then the Government can provide skilled employment, institutions/educational hubs can be a part of the government’s initiative to launch qualified real estate courses, followed by exams to make sure that the person is qualified to enter in this particular sector after RERA Certification/Registration. Qualified Brokers/Realtors can either launch their own company or join a firm/ company that are into real estate. This will help even tier-III cities and villages to get into the rising real estate demand. There are few associations in India to safeguard this industry but I feel the Central and State governments should come up with an effective plan in order to streamline this sector.” Secondly, he feels that the GST on brokerage should be reduced from the existing 18% to 5%. “The Central Government must take a step to reduce GST from 18% to 5%. We are a service industry / sector and keeping this in mind the government must take a stand on reducing the GST.” Regarding future plans Rr. Kumar Siddharth says that they are planning on launching various projects in Goa in partnership with other players. They are coming up with projects consisting of apartments/villas/farmhouses at various locations in Goa and launching plotted lands near the border of Goa at Dodamarg, situated in Maharashtra.
