Dr. Suresh Haware is a world-renowned business leader and real estate expert, having the experience of developing more than 45,000 houses across Mumbai metropolitan region within the last two decades. Having completed his Ph.D in Global Real Estate and Affordable Nano Housing from the University of Mumbai, he is also recognised as the Pioneer of Nano Housing in India. Dr. Suresh Haware is the CHAIRMAN AND MANAGING DIRECTOR of Haware Properties.
Dr. Haware is an expert in identifying upcoming real estate nodes and leads the process of land acquisition for the company. He is the strategic head and master-planner of the group, having established world-renown nodes of Kharghar, Nerul, Sanpada, Vashi, Ghansoli, Airoli in Navi Mumbai, Ghodbunder road in Thane and most recently, the node of Muthaval in Kalyan. Every area Dr. Haware has touched has turned into gold, with all the nodes getting established as centers of development within the Mumbai Metropolitan region. He has been awarded with more than 100 different national and international awards for his work in the real estate sector.
Before joining the group, Dr. Haware worked with the Department of Atomic Energy (DAE) at the Bhabha Atomic Research Centre (BARC) for 27 years as a Nuclear Scientist. He represented India at the I.A.E.A. conference held in Vienna and presented India’s stance on nuclear energy. His 37 scientific research papers have been published in renowned international journals.
Dr. Haware has successfully finished M.A in History from Mumbai University. Before that he has also finished his M.Tech. in Nuclear Engineering from the Bhabha Atomic Research Centre Training School. He is also a Gold Medalist from Nagpur University, where he pursued his B.Tech in Chemical Engineering. He has also pursued B.Sc before going on to complete his B.Tech.
He is the current Chariman of Shri Saibaba Sansthan Trust, Shirdi. He has held positions as a Trustee at Jawaharlal Nehru Port Trust (JNPT). He is an avid public speaker and has presented public seminars in various public functions and universities including Oxford University, London University, Cambridge University, Mumbai University.
He is the author of three books - Doing Business Without Your Money, Udyog Karawa Aisa and Udyog Tumcha Paisa Dusryancha. He is also the visionary and leader behind two TV shows hosted by himself – The Suresh Haware Startup Show and The Suresh Haware Business Show. He is also a mountaineer and has successfully completed two Himalayan expeditions in the Mount Everest region: Everest Base Camp & Mt.Island Peak, and an expedition to the continent of Antarctica.
Mr. Amit Haware is the young and dynamic leader of the Haware group, who is known for his excellent understanding of the real estate sector and his expertise in timely, high quality construction of real estate projects. He is the C.E.O. and Joint Managing Director of the group and leads the strategic planning and execution of all projects of the group.
Mr. Amit is an expert in the areas of planning, and is deeply involved in architectural and construction planning of all the projects. He is an active learner, and tries to incorporate all his learning from his expertise of constructing and handing over thousands of houses into the planning of the project. He has also led the fastest project execution of all projects in Mumbai, having completed construction of the group’s Haware Citi project of over 2000 houses in under three and half years.
The group successfully handed over keys to more than 2000 residents on a single day, creating a record in the real estate sector of the country. Mr.Amit also manages the marketing and sales department of the group, leading the responsibility of sales at all of the group’s projects. He has an in-depth understanding of the customers’ mindset and leads the sales team with his energetic and positive attitude. He has been awarded with many prestigious national & international awards for his excellence in execution & delivery of high quality affordable nano housing projects throughout the Mumbai including India’s Most Promising Brand Award in London from World Consulting & Research Corporation in association with Ernst & Young, Artists in Concrete Award, Youth Icon award, Vishwakarma Award, Rashtriya Rattan Award from International Study Circle amongst others.
Prior to joining the group, Mr. Amit Haware worked in FMCG giant Procter & Gamble in the marketing and sales departments as a key account manager. He led the marketing, sales and distribution of P&G products in states of Punjab, Haryana, Himachal Pradesh, Jammu & Kashmir and Chandigarh. He was awarded with 5 awards in his 1st year at P&G including award for Best New Hire. He has also completed a brief stint with Coca Cola India Inc. as a Marketing Manager.
He has completed He has completed his MBA in Marketing from Jamnalal Bajaj Institute of Management Studies (JBIMS) and his B.E. in Electronics and Telecommunications Engineering from the Vivekanand Educational Society’s Institute of Technology. He has also completed Executive Education Program for Strategic Real Estate Management at the Indian School of Business (ISB).
He currently serves on the Board of Maharashtra State Board of Technical Education. He is also one the board of Central Hindu Military Education Society, Nashik.
Mr. Amar Haware is the energetic leader of the Haware group and handles the responsibility of leading the constrcution, finance and accounting departments of the group. Mr. Amar is also actively involved in the planning and execution of all of the group’s projects with a focus on ensuring highest quality of construction. He also works with and assists the C.E.O. in the marketing and sales department, interacting with all the existing and potential customers during marketing and sales campaigns with a focus on consumer experience management.
Mr. Amar Haware has an in depth understanding of the financial aspects of the real estate industry, and manages all of the groups’ financial activities. He derives great insights from his experience of working with leading national and internal financial institutions across multiple sectors, and astutely manages the cash flows of the group. He is also managing the construction and execution activities at the group’s projects in Kalyan – Haware Pinnacle and Haware Paradise.
Prior to joining the group, Mr. Amar Haware worked with the Indiabulls Housing Finance Ltd. in the C.E.O’s investor relations and analytics team. He participated and coordinated with investors of the group and coordinated with multiple rating agencies. Before this, he has also worked with the global petroleum giant ExxonMobil, having worked as a financial consultant for their CSR activities in Indonesia. He also has an experience of working in cross border M&A transactions, having worked for Martinwolf M&A Advisors, an investment bank in San Francisco, USA.
He has successfully completed his MBA in Global Finance with Honors from the Thunderbird School of Global Management, USA and an M.S. in Global Management from the Thunderbird School of Global Management, USA. He has also completed a B.Tech in Computer Engineering from the Veermata Jijabai Technological Institute (VJTI). He is currently pursuing his CFA charter from the CFA Institute, USA.
He loves travelling & has travelled more than 40 countries. He is an adventure sports lover & a certified Scuba Diver. He is also actively involved in contributing back to society & has volunteered to teach at various municipal corporation & zilla parishad schools in Mumbai with an NGO.
Established over two decades ago with a vision to provide a shelter for every human being, the Haware Group is today world renown for high quality timely construction of its projects. Having developed and handed over houses to over 45000 families till date, the Haware Group is one of the largest developers in India.
Chairman and Managing Director Dr. Suresh Haware has been recognized internationally as the pioneer of nano-housing (affordable housing) in India. In the last five years, the Haware group has successfully completed many projects in affordable housing category some of which are mentioned in the table below. These projects in total have generated in excess of 3700 housing units and it is this mass scale that gives the Haware group the edge in high quality construction delivery at a reasonable cost. These projects have not just been a huge respite to the ever growing demand for affordable housing in India but has also created huge value for its investors which is evident from the appreciation.
The liberalization and opening up of the economy in 1991 led to creation of multiple opportunities in the financial and business centers of the country. Theses in turn led to emergence of many modern day Indian multinationals. People from all over the globe began capitalizing on this development and started establishing their businesses in India. Large number of skilled and unskilled workers from across the country began to move to the urban cities of Mumbai, Delhi, Calcutta and Chennai, among others.
Read MoreThis led to a huge growth in the housing sector of India’s business centers and Mumbai witnessed one the largest economic boost in its real estate market. A number of companies started acquiring new lands, redeveloping existing buildings and creating bigger and better housing projects. To participate in this growth of the nation and to provide high quality, affordable houses on time to many young and aspiring families, Haware group began its journey in the construction sector with residential projects in Navi Mumbai’s Kharghar node.
Performance
The ideology of the business has always been to provide housing for all. The group began operations from the upcoming nodes of Navi Mumbai and established its credibility in quick time, with timely delivery of high quality houses at affordable prices. The performance over the years has highlighted two major characteristics of the Haware group and its management team.
The group has gained an expertise in understanding the consumer’s requirements and identifying new centers of development within the city to meet this demand. Right from the start of Haware’s projects in Kharghar to the recent projects in Thane Ghodbunder Road and Kalyan, every area that the group has launched its project in has become a center of development. Investors and consumers have seen the values of their properties grow multifold and have reaped massive returns on their investment.
The other expertise of the group has been in the timely delivery of high quality residential and commercial projects. The Haware group has successfully handed over more than 45,000 houses over the last two decades, and this has given the consumer the comfort and trust that their money will give them the best possible product and led to an assurance of timely delivery of their flat. We have a history of not a single project having launched and not reaching completion.
The Haware brand stand for stability, trust, reliability, quality and performance. The logo consists of three visible pyramids and one invisible pyramid. Pyramids have been known to be one of the most stable structures in history. The Haware group aims to provide this stability in the lives of its customers and help them realize their dream home.
Read MoreThe pyramids in the logo represent multiple thoughts and guiding principles. The blue pyramid stands for self, the bigger red pyramid represents the family, the third yellow pyramid represents the society and the invisible white pyramid represents the nation. The logo is an inspiration to take control of one’s life and stand up on one’s feet, to take care of self, to take care of and grow the family, to take care of, grow and contribute to society and thus be an invincible part of the great process of nation building.
The three visible pyramids also represent the three main guiding principles of the Haware brand. The blue represents trust, which is the most important parameter that the Haware group works with. The entire business of the group is based on a relationship of trust and the Haware group gives utmost importance to keeping up the trust with its customers, contractors, vendors, suppliers and partners. The red pyramid represents “passion to perform”. The Haware group has successfully delivered more than 45000 houses till date and promises to build on this performance to ensure successful delivery of all its projects on time. The yellow pyramid represents satisfaction. The group has provided shelter to almost 2 lac people living in its houses, and this is a group of customers that are leading a happy and satisfied life. The group aims to ensure this satisfaction for all of its customers.
"We, at Haware Properties are always dedicated towards delivering the best to our stakeholders. Every step taken by us is a step towards fulfilling your dreams. Get associated with us."
As a Haware Channel Partner you are entitled to a host of privileges which include
The Haware Group is one of the most trusted names in the real estate industry. In the last twenty years of being in operation since 1994, the Haware group has developed and handed over more than 45000 housing units in Mumbai, Navi Mumbai & Thane region. Although the group has presence in making shopping malls (Fantasia mall, Vashi; Centurion Mall, Nerul), corporate parks, (Haware Infotech Park, Vashi; Vashi InfoTech Park) and many luxury housing projects in Navi Mumbai and Mumbai; the core strength of the Haware group lies in affordable housing category.
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GUIDE TO ALL YOUR HOME BUYING QUERIES
Q. Can I get my House financed?
Yes. All Haware properties offered for sale have clear titles. All Haware projects are approved with most leading banks and financial institutions for availing home loans
Q. How Much Loan Can I Avail?
You can avail a maximum loan of 80% of the Agreement value. However your loan amount may differ as per your income eligibility as appraised by the bank. All loans are at the sole discretion of the bank.
Q. What is the term of the loan that banks offer?
Loan tenures to a maximum of 30 years, depending on age.
Q. What are the documents required for availing a home loan?
Q. For Salaried applicants
Q. For Self Employed Applicants
Q. DO I GET A TAX BENEFIT ON THE LOAN?
Yes
Q. DO I GET DEDUCTION ON INTEREST?
The repayment of the interest portion of the EMI is allowed as a deduction under section 24 if the purchase or construction is completed within a period of three years from the end of the year in which the loan is take under the head "income from house property" up to Rs. 2,00,000/- for self-occupied property and full amount of Interest in case of let-out property provided that loss from such let out house property does not exceed Rs 2lakhs.
Q. DO I GET DEDUCTION ON PRINCIPAL REPAYMENT?
The repayment of principal amount of the loan can be claimed as a deduction under section 80C up to a maximum amount of Rs. 1.5 lakh. You can also claim deduction under Section 80C towards payment made for stamp duty, registration fee and other expenses for the purpose of transferring the property in the name of the assessed. All these deductions however should not exceed the overall limit of Rs. 1.5 lakh. However, deduction under Section 80C is not available in respect of payment made towards the cost of any addition, alteration, renovation or repair carried out after the issue of the completion certificate.
Q. INCOME FROM HOUSE PROPERTY
According to the Indian Income Tax Act, if a person (resident or NRI) owns more than one house property, only one of them will be deemed as self-occupied. There will be no income tax on a self-occupied property. The other one, whether rented or not, will be deemed to be given on rent and deemed rental income (based on certain valuations prescribed by the income tax rules) will be added to income. Further, TDS will be deducted on actual rental incomes earned by NRI.
Q. WEALTH TAX
Wealth tax is levied on the value of specified assets in excess of the Rs. 30,00,000. Specified assets include house property. However, the Wealth Tax Act provides an exemption in respect of one house property. There is a specific exemption available for returning Indians in respect of investment made in house property out of money brought from outside India or from balances held in NRE accounts as on date of return to India.
Q. CAPITAL GAINS
If a residential property is held by the seller for more than 36 months, it is considered a long-term investment or else short term. Long Term Capital Gain shall be computed by considering Indexed cost of acquisition. NRIs are entitled to claim exemption from capital gains tax if they reinvest in specified assets as per Income Tax Act.
Q. CERTIFICATE FOR DEDUCTION AT LOWER RATE OR TAX EXEMPTION CERTIFICATE
Section 197 of the Income Tax Act, 1961 provides for deduction of tax at lower rates in certain cases. The rate prescribed for TDS from NRI's income is the maximum rate of tax at which relevant Income is taxable in India. However, in majority of the cases of NRI, the actual tax liability is lower than this. However, the higher deduction of tax so made is generally not claimed as a refund by filing Return of Income.
In order to assist such situation, the Income Tax Act has provided procedure under section 197 whereby an NRI can apply to the Assessing officer (in prescribed form) to issue specific certificate authorizing the payer of income (who normally deducts tax at highest prescribed rate) to deduct tax at a lower rate or nil rate. The NRI should estimate his income, tax liability and likely TDS and then apply for partial or complete Tax Exemption Certificate. The payer shall deduct tax in accordance with the certificate of the Assessing officer.
Q. CAN I GET MY HOUSE FINANCED?
Yes. All Haware properties offered for sale have clear titles. All Haware projects are approved with most leading banks and financial institution for availing home loans.
Q. HOW MUCH LOAN CAN I AVAIL?
You can avail a maximum loan of 80% of the Agreement value. However your loan amount may differ as peryour income eligibility as appraised by the bank. All loans are at the sole discretion of the bank.
Q. WHAT IS THE TERM OF THE LOAN THAT BANKS OFFER?
Loan tenures to a maximum of 30 years, depending on AGE.
Q. OMKAR REALTORS LAUNCHES LOW TICKET SIZE 2-BHK ANANTA PROJECT IN MUMBAI
Mumbai, September 04, 2015 : Mumbai-based Haware Realtors and Developers Pvt Ltd (Haware.com), one of the leading premium housing.
With development shooting up at an impetuous speed, India is soon to outperform the world’s domineering countries, in all the realms. Under a slew of laudable reforms by the pioneering new govt., Indian Real Estate has witnessed a remarkable transformation and holds a magnificent future for foreign investors.
Financial, commercial and industrial capital of India – Mumbai states the reasons for itself. Overwhelming number of multinational companies, uber-high convenience of connectivity, cosmopolitan culture to mingle in, and countless employment opportunities to grab onto – Mumbai is the most sought-after choice, serving housing units to hordes every day.
An Indian Citizen who holds a valid Indian passport and stays abroad for employment/carrying on business or vocation outside India or stays abroad under circumstances indicating an intention for an uncertain duration of stay abroad is a non-resident Indian (NRI). Non-resident foreign citizens, of Indian Origin, are treated at par with non-resident Indians (NRI).
A foreign citizen (other than a citizen of Pakistan, Bangladesh, Afghanistan, Bhutan, Sri Lanka or Nepal) is deemed to be of Indian origin if : He held an Indian passport at any time, He or his father or paternal grandfather was a citizen of India by virtue of the Constitution of India or the Citizenship Act, 1955 (Act No. 57 of 1955).
Overseas Corporate Bodies (OCBs) are those which are predominantly owned by individuals of Indian nationality or origin residing outside India and include overseas companies, partnership firms, societies and other corporate bodies which are owned, directly or indirectly, to the extent of at least 60% by individuals of Indian nationality or origin residents outside India as also overseas trusts in which at least 60% of the beneficial interest is irrevocable held by such persons. Such ownership interest should be actually held by them and not in the capacity as nominees. The various facilities granted to NRIs.
Corporate Office:
2305, 23rd Floor, Haware Infotech Park, Sector 30,
Opp. Vashi Station, Vashi, Navi Mumbai 400705
Contact Number
+91 7666 600 400
Office Timings
Monday to Saturday
10AM to 8PM