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Building on dreams

delhi Updated: Jun 27, 2012 12:31 IST
Rai Umraopati Ray
Rai Umraopati Ray
Hindustan Times
Highlight Story

A dynamic tycoon, heading a company which has projects worth 5000 crores in the pipeline, Avneesh Sood is one of the youngest realty Moguls today, belonging to the third generation of a flourishing business family (the Eros group), with plans that supercede his age.



A Delhi-boy, having done his schooling from St. Columbus and Modern School, Sood completed his undergrad studies (BBA) from the Bradford University. After trying his hand for a while at the Sunrise and later at the Asian radio station, Sood manages the marketing, sales and PR side of the Eros Group today.



So what does this young entrepreneur think about the realty market? “Real estate today is the best sector for employees as it offers great salaries and professional perks. It is an industry where well-qualified people can join and make a name for themselves. But it also has a few shortcomings, such as the unnecessary phenomenon of keeping prices high all the time in an endeavour to keep buoyancy levels. There is also a shortage of skilled labour in this industry.”



Sood is currently caught up in “various projects in Gurgaon, Faridabad and Manesar”. He also adds, “Supplementing this, we have landbanks and plots in Dwarka along with a handful of commercial projects in Faridabad, Gurgaon and Manesar.”


Having been a part of the realty sector for quite some time now, it is interesting to note that Sood’s dream is to create a Disney World in India along the lines of the one in Orlando, USA. He also wishes to make a ‘Mini India’ which will be a miniature model of our great country. “Owning a chain of restaurants all over the country also fits in somewhere in my dream list,” he adds.


So what is he doing to attain his dream list? “If all goes well, I will float my own private limited company in the next 3-4 years” says Sood.