Silverline Realty Scoops Prestigious Property Award
Two recent International awards for Silverline Realty and TransIT mPower have brought prime recognition for Muslim enterpreneurship and expertise in the Real Estate and IT sectors respectively
The results of the CNBC Asia Pacific Property Awards 2008 have just been revealed and SILVERLINE Realty Pvt. Ltd. is delighted to announce that it has won an award in the category of Best Property Finder. The award will be presented at a glittering gala dinner to be held at the Marina Mandarin Singapore on 20th July. The fact that SILVERLINE Realty Pvt. Ltd. earned one of these coveted awards is sure proof that India can not only compete but also triumph within the highly competitive Asia Pacific property arena. Having been given this high recommendation by its peers, the company is now entitled to display the CNBC Asia Pacific Property Awards’ logo with pride. This symbol of excellence will be recognized and appreciated by the public who are becoming increasingly well-informed and discerning about the properties they seek to buy.
Entries were judged by a panel of professionals whose collective knowledge of the property industry is second to none and unsurpassed by any other property awards. Chaired by Eric Pickles, British Shadow Secretary of State, this year’s judges included Helen Shield, Editor-in-Chief of International Homes magazine, Peter Bolton King, Chief Executive of the National Association of Estate Agents, Phil Spencer, property expert and presenter of Channel 4’s Location and Relocation TV shows, Imtiaz Farookhi, Chief Executive of the National Association of Estate Agents, Wilhelm Harnish, Master Builders of Australia (MBA), Thijis Staff, International Consortium of Real Estate Agents Association (ICREA), Santiago Herreros de Tejada, SIMA, Kirkor Ajderhanyan, French Real Estate Federation (FNAIM), Graham Norwood of the Daily Mail, David Hoppit, property writer, Paul Wyatt, head of design for LYCOS UK, Geoff Cohen, design Director at Aukett Fitzroy Robinson architects, Jill Keene, Editor of International Homes magazine, Diana Yakety, Chairman, British Interior Design Association, and Tad Zurlinden, Association of Relocation Professionals.
Mr. Farook Mohammad, the CEO of SILVERLINE Realty, is also the President of the Delhi-based National Association of Realtors, India (NAR-I). He is also the Founder-President for the Bangalore Realtors Association, India (BRAI). It is not surprising therefore that as a responsible and leading member of the real estate fraternity not only in India, but also in the larger international scene, Mr. Farook Mohammad insists on a certain code of ethics when it comes to real estatre transactions. According to him all real estate agents are not the same. However, he insists that all BRAI members are committed to treat all parties to a transaction honestly. They subscribe to a strict code of ethics and are expected to maintain a high level of knowledge of the process of buying and selling. Real Estate transactions involve one of the biggest financial investments most people experience in their lifetime. Transactions today usually exceed Rs. 10,00,000/-. Stressing on the need for a proper evaluation of investments in landed property by professional realty associations like BRAI, he asks the candid questions: “If you had a Rs. 10,00,000/- income tax problem, would you attempt to deal with it without the help of a chartered accountant?”
TransIT mPower Product Emerges a Winner at FICCI—Lockheed Martin (USA) India Innovation Growth Competition 2008
Innovation product mPire developed by innovator M. P. Ahmed Hasan and team of developers from TransIT mPower, was adjudged a winner in the recently concluded FICCI—Lockheed Martin (USA) India Innovation Growth Competition 2008 which saw more than 300 presentations from around the world. Says Hasan, it’s a software product based on JAVA technology and addresses the current challenges of the IT industry which is facing a shortage of skilled programmers. In an atmosphere like this, a tool for automatic code writing for software which could bring down cost by 40 per cent could be a real boon. With the help of mPire, one input file of 20 lines to the software generates 8000 lines of code in just three seconds which is rated highly in the industry. Says Rama Krishna Prasad, Director of the TransIT, in software industry, time being money, new product mPire will, beside cutting down manpower by 80 per cent, will bring speed to the delivery schedules by reducing the testing time. The innovation is the brainchild of M. P. Ahmed Hasan, an MS from BITS, Pilani who was the founder of the TransIT mPower Labs in 2005 as a product based company focused on innovation. During the last three years the company has developed over a dozen high-end portals for companies like ABB, Qatar Airways and Travelocity. It has partnered with Ionidea and Next Level Enterprise, USA, Liferay Inc., and Sun Microsystems. Sun Microsystem has applauded the mPire as “an innovative tool which does a good job of automating the generation of JSR-168 portlets”. With the innovation in hand and patenting process on, TransIT mPower Labs eyes huge opportunities in the market. Says Director, Marketing Akbar Ali, the company is looking for just 0.2 per cent of business in portal server licensing and 0.04 per cent of the market in portal development in the first year. Currently the two sectors offer $ 1 billion and $ 5 billion business respectively which is shared among biggies like IBM, BEA, Vignettes and other major IT companies. But while TransIT may be eyeing big opportunities, the new product has a social relevance too. Customers like NGOs who cannot afford expensive software programmes can benefit from the product and auto-generate their own software and portals at a minimal cost.