Truth, teamwork,
transparency, trust
- The key principle of Team4 Life Spaces
- Team4 Life Spaces’ Managing Partner Muralikrishna tells Real Estate Guru
Yarlagadda Muralikrishna, Managing Partner of Team4 Life Spaces, who is not only designing stunning projects in Hyderabad but also preparing to deliver flats ahead of schedule with quality construction, gave an exclusive interview to REGNews. Excerpts from the interview:
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What makes Team4 successful?
Our Team4 works on the basis of four principles: Truth, Trust, Transparency and Teamwork. Besides, all four of us are highly accomplished. That is why we have been successful.
- Have there been differences of opinion between the four of you in any matter? How do you solve them?
If there are no differences of opinion, it is not a team. There should be differences of opinion. Brainstorming takes place, followed by making an informed decision. There should be no differences between people, but there should be differences in opinions. Only then will the best come. This is the key principle of Team 4.
- Nyla is your first project. Why was it started in Miyapur? How many flats are sold?
We felt that the selected segment has potential in Miyapur. We were confident in giving buyers a good product. That’s why we started here. We are definitely ahead in quality and work progress. We will deliver the C block by December. We are working 24×7, and our staff is also very helpful. They do not feel the pressure of what they are doing because they consider it their passion. We are able to give a good product because all of them are performing well.
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Do you have any policies to anchor your staff?
I worked at HCL Technology. Employee First is our company motto. Training, team-building activities, monitoring, and non-monitoring are being implemented here. Also, we are promoting the right people, increasing wages, and encouraging them to upgrade themselves.
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What are the parameters for the builder?
There should be command and clarity on the budget. Also, there should be clarity on the schedule and casting. All three of these factors are very important for the success of a project. If these are correct, then there will be no delay in the project.
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What is the current condition of the Hyderabad real estate market?
Ups and downs are natural in the real estate market. However, Team4 always wants to be the best, no matter what the market is like. Overall, the Hyderabad market is good.
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How did you manage to sell 129 flats in Arka in 2 days?
Planning is very helpful. Hyderabad is always number one. We went to the market and explained about the product, location, and our past projects. We asked to compare with other projects in the market, and we got a good response. That is why we were able to sell up to 129 flats.
