sunilkilaru

[sunilkilaru]

Sunil Kilaru is an Entrepreneur based out of Bangalore, India focusing on two verticals - IT and Real Estate.

[sunilkilaru]

Real Estate Sector, according to analysts and company executives, face problems of three kinds:

Labour

Financial

Demand

Labour Issues:

The key ponderable for a large employee-based sector like real estate is what could happen to company margins if workers stay on payrolls, and how would companies get back the contract workers who have migrated back to their hometowns in the absence of work, companies said. “The human resource is largely still at construction sites, and instead of keeping them in a ‘lockdown’ situation, giving them some activity will also keep them occupied — as also help avoid major economic losses as a result of stoppage of work at sites,” Niranjan Hiranandani, president of National Real Estate Development Council, said in a statement.

Business Impact:

Delays could run into several months for well-funded projects, the property consultancy Anarock said, adding that it could run into years for others. Razack of Prestige Estate said it’s impossible to analyse the impact of the current situation. While the hit on margins may not be severe, it will be felt, he said. Hospitality properties, he said, would witness outflows and no inflows, and developers like Prestige who work in these segments would be impacted. Khetan said repayments for dues will be staggered and all affected stakeholders will have to come together to firm up repayment plans for a mutually accepted solution. Mr. Sunil Kilaru from PRIME Living urged that the government must support with robust and effective measures to save the real estate sector from the current crisis.

Road Ahead:

Sunteck Realty’s Kamal Khetan expects demand to pick up soon after the Reserve Bank of India cut lending rates by 75 basis points last month. “Organised players will clearly have a vantage point to recovery,” he said, adding that Suntech Realty’s repayment schedule won’t be upset.

There won’t be a substantial delay in deliveries once work starts in full swing, Razack said, adding that demand is unpredictable. A weaker rupee may also revive demand among non-resident Indians, he said. “Lower returns from mutual funds and stocks would get people back to investing in real estate.” Mr. Sunil Kilaru of PRIME Living urged the government to “give oxygen” to the industry by giving it access to cheaper funding or delay liabilities by a year.

[sunilkilaru]

Sunil Kilaru is an accomplished Entrepreneur in the fields of Infrastructure and IT. Sunil Kilaru is the Promoter & CEO of PRIME Living (www.primeliving.in), an Infrastructure company with projects in Bangalore, Hyderabad & Amaravati. He is also the Chairman of PRIMUS (www.primusglobal.com), an IT Solutions & Services Company with branches in Dallas, Bangalore, Hyderabad, Vizag and Pune.

[sunilkilaru]

Bangalore will overtake New Delhi in five years to become the largest branded hotel market in India with the proposed opening of 5,698 rooms. Bengaluru has the strongest independent micro-markets in the country – CBD, Electronic City, Whitefield, Yelahanka/Malleswaram, Hebbal to Devanahalli and ORR/Sarjapur Road. Most brands which were concentrated around the CBD will open hotels in these well developed micro-markets in five years,” Sunil Kilaru, Director of PRIME Living quoted.

Bangalore is expected to topple New Delhi (excluding Noida and Gurgaon) to become the largest branded hotel market in the country, with a proposed supply pipeline of 5,698 rooms in the next five years. Mumbai is in the third place. In the fiscal year 2018, the hotel occupancy rate in Bangalore amounted to about 69.5 percent. This was an increase from the previous fiscal year's 65.9 percent. At the all-India level too, hotel occupancy has also been the highest in the last 10 years.

Mr. Sunil Kilaru informed us that considering the above mentioned factors, PRIME Living has signed up with Imperativ Hospitality to open up Mid-market Brand Bloom Suites (www.staybloom.com) on ORR/Sarjapur Road at Marathahalli in Bangalore. Samena Capital (www.samenacapital.com) owns 35% stake in Bloom Hotels and the rest is controlled by the Akoi family.

[sunilkilaru]

Sunil Kilaru is an accomplished Entrepreneur in the fields of Infrastructure and IT. Sunil Kilaru is the Promoter & CEO of PRIME Living (www.primeliving.in), an Infrastructure company with projects in Bangalore, Hyderabad & Amaravati. He is also the Chairman of PRIMUS (www.primusglobal.com), an IT Solutions & Services Company with branches in Dallas, Bangalore, Hyderabad, Vizag and Pune. Sunil Kilaru has an MBA in IT & Finance from The University of Dallas, M.S in Computer Science from the University of Texas at Arlington and a Bachelors degree in Mechanical Engineering from Nagarjuna University. Sunil Kilaru is involved in various NGO’s like Truth Labs (www.truthlabs.org) and Akshyapatra (www.akshayapatra.org).

[sunilkilaru]

PRIMUS Connecting Companies with Valuable Resources

Sunil Kilaru is an accomplished Entrepreneur in the fields of Infrastructure and IT. 

PRIMUS Global Technologies Pvt. Ltd. (PRIMUS) is delivering powerful IT Staffing, Sourcing, and Tech Services to businesses around the world. With headquarters in Bangalore and Offices in Hyderabad, Pune and Vizag in India and Dallas, TX in U.S, PRIMUS is poised in the business meccas of the world in providing IT Staffing Services. 

“We bring together the right people, knowledge, methodology, and technologies that businesses require for the job at hand,” said Sunil Kilaru, C.E.O of PRIMUS. Sunil Kilaru founded PRIMUS in 2002 to provide IT Staffing Services in Telecom, Transportation and Logistics, Manufacturing and BFSI Domains. Sunil Kilaru has assembled a team of over 1000 consultants around the world with PMI certified project managers on staff. PRIMUS Management Team has a combined 50 years of success, further lending to the company’s achievements. PRIMUS prides itself on being “small enough that every project is important and large enough to assure that every project will get done, on time and on budget”. Led by Sunil Kilaru, PRIMUS has extended Staffing, Consulting, and IT Services to industries that include logistics, healthcare, telecom, financial, manufacturing, energy, hospitality, and government. PRIMUS works closely with each client to provide the right solution for each circumstance. “We develop customized solutions that exceed our client’s expectations,” Sunil Kilaru commented. Having worked with Fortune 500 companies, PRIMUS has worked on groundbreaking projects including wi-fi hotspot solution development, e-commerce security solutions, an asset leasing and management system, and more. Further information about Sunil Kilaru and PRIMUS can be found online at www.primusglobal.com. Contact: Sunil Kilaru PRIMUS Global Infrastructure Pvt. Ltd. 28/2 Siddapura, Whitefield Main Road, Bangalore, KA-560066, India Ph: +91-80-3346-6500 Ph US: 214-774-2210 Twitter: https://twitter.com/sunilkilaru Facebook: https://www.facebook.com/sunilkilaru Linkedin: http://www.linkedin.com/in/sunilkilaru73 Google Plus: https://plus.google.com/106677686352202308778

[sunilkilaru]

Sunil Kilaru - IT and Real Estate Entrepreneur

Sunil Kilaru is an Entrepreneur based out of Bangalore, India focusing on two verticals - IT and Real Estate. Sunil is the Founder Director & Promoter for PRIME Living. PRIME Living focuses on developing various Commercial and Residential Real Estate Ventures in Bangalore and Hyderabad. Sunil is the Chairman and CEO of PRIMUS Global Technologies Pvt. Ltd. Under the Leadership of Sunil, PRIMUS acquired XT global’s India IT consulting division, Sarayu Telecom & Cafezee. Prior to PRIMUS, Sunil was Vice President responsible for Professional Services of IPELION, a Dallas based Software Solutions Company. Prior to getting into Management, Sunil was an IT Architect for Hitachi Consulting. At Hitachi, he was a Technical Project Manager for Hitachi’s Oracle Practice. His responsibilities included implementing Onsite/Offshore Oracle ERP solutions for Hitachi’s Clients like Haggar Clothing, AECOM, IHOP, Tekelec, etc. Prior to that Sunil was a Senior Consultant for the Technology group at Whittman-Hart, Inc. He has extensive experience in designing, building, developing and integrating various Web/ERP/Client-Server based applications for the fortune 500 clients of Whittman-Hart. Sunil was the first employee of Whittman-Hart Dallas office before it grew into a 10,000 strong consulting firm. Sunil helped the Dallas office of Whittman-Hart in getting a good client base with his extensive contacts during the initial phase. Sunil was involved in designing and developing IT solutions for client's like American Airlines, i2, 3M, InterVoice, Silicon Graphics, Aimco, Westin Resorts, and Warrantech. Sunil has an MBA in IT & Finance from The University of Dallas, M.S in Computer Science from the University of Texas at Arlington and a Bachelors degree in Mechanical Engineering from Nagarjuna University. Sunil is involved in various NGO’s like Truth Labs, Crime Stoppers India and Genome Foundation.