ELI - 388 | Kishore Reddy (Managing Director of Mana Projects Pvt Ltd - Real Estate Giant)

In this episode, we are thrilled to introduce you to Mr. Kishore, the dynamic founder of Mana Projects Private Limited, a real estate juggernaut based in Bangalore.

Mr. Kishore's journey is nothing short of remarkable. Born in Nellore, he made a life-changing move to Bangalore over three decades ago. His quest for success led him to embark on an entrepreneurial journey that initially took root in the hospitality industry. From owning and operating restaurants in Bangalore to diving into the real estate market, Mr. Kishore's evolution as an entrepreneur is a testament to his unwavering determination.

One of the most intriguing aspects of Mr. Kishore's story is how he navigated the intricate world of real estate with minimal prior knowledge. He candidly shares the challenges he faced during those early days, underscoring the importance of learning and adaptability. Without an established team or external consultants, he embarked on his entrepreneurial path with sheer grit.

Mana Projects, which is now synonymous with quality real estate development in Bangalore, had modest beginnings. Mr. Kishore discusses how the company initially ventured into two small projects—one on Old Madras Road and the other near Bellandur. These projects had just 28 units each, and the meticulous planning and time invested in kick-starting them were critical to meeting the expectations of discerning buyers.

The real estate industry, however, is not without its share of challenges. Mr. Kishore sheds light on the hurdles that came his way and how he tackled them head-on. One notable challenge was the need for substantial initial funding. In the capital-intensive world of real estate, securing finances can be a daunting task, especially for a new company. Mr. Kishore reveals how he relied on angel investors, including his father and uncle, to pave the way for his ambitious projects.

What's truly inspiring about Mr. Kishore's journey is how he transformed Mana Projects from a small-scale operation into a major player in the real estate market. He shares insights into the strategic decisions that led to this transformation, such as the importance of maintaining continuity in project execution and gradually increasing project sizes.

The conversation also touches upon the significant economic events that affected the real estate industry. The 2008 housing bubble, demonetization, and the COVID-19 pandemic all posed unique challenges. Mr. Kishore discusses how these events impacted his business and the strategies he employed to not only survive but thrive during these tough times.

Despite the pitfalls and hurdles, Mana Projects has grown steadily over the years, demonstrating that entrepreneurship, when coupled with resilience and vision, can lead to extraordinary success. Mr. Kishore's ability to turn challenges into opportunities serves as a valuable lesson for aspiring entrepreneurs.

If you're an entrepreneur, real estate enthusiast, or simply looking for inspiration in your own journey, this episode is a must-watch. Don't forget to subscribe, like, and share this video to spread the wisdom and motivation that Mr. Kishore's story provides. Join us as we uncover the secrets behind his rise from zero to a real estate mogul.