Viraj Constructions Assistant Manager Interview Questions and Answers

Q1. Why real estate?
Ans. 
Passion for helping people find their dream homes and investment opportunities.
• Enjoy working with people and helping them achieve their real estate goals

• Fascinated by the ever-changing market trends and opportunities

• Thrilled by the challenge of negotiating deals and closing sales

• Passionate about the potential for financial growth and investment in real estate
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Q2. What is EBITDA ?
Ans. 
EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure of a company's operating performance.
• EBITDA is calculated by adding back interest, taxes, depreciation, and amortization to net income.

• It is used to analyze and compare profitability between companies and industries.

• EBITDA helps in assessing a company's ability to generate cash flow.

• Investors often use EBITDA to evaluate ...read more
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Q3. Draw the map of north Bangalore with utmost accuracy and project.
Ans. 
I am unable to draw the map of north Bangalore with utmost accuracy and project without the necessary tools or resources.
• I do not have the necessary tools or resources to accurately draw the map of north Bangalore.

• Without access to a map or satellite imagery, it would be challenging to accurately depict the area.

• I recommend using online mapping tools or physical maps for accurate representation.
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Q4. Pitch a project of your choice and depitch it's one strong competitor.
Ans. 
Pitching a project to implement a customer loyalty program for a retail store and depitching a competitor's similar program.
• Propose a customer loyalty program that rewards customers for repeat purchases and referrals.

• Utilize a points-based system where customers can earn points for each purchase and redeem them for discounts or free products.

• Implement personalized offers and discounts based on customer shopping habits ...read more
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Q1. Calculate the final value a customer has to pay for project Nikoo 5
Ans. 
To calculate the final value a customer has to pay for project Nikoo 5
• Determine the initial cost of project Nikoo 5

• Add any additional costs such as taxes, fees, or upgrades

• Subtract any discounts or promotions

• Consider any financing options or payment plans

• Calculate the total amount the customer has to pay
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Q2. What is the difference between godrej finance plan and normal bank loan plan with example.
Ans. 
Godrej finance plan offers customized financial solutions with flexible repayment options, while normal bank loan plan follows standard procedures and terms.
• Godrej finance plan offers personalized financial solutions tailored to individual needs, while normal bank loan plan may have fixed terms and conditions.

• Godrej finance plan may provide more flexible repayment options such as lower interest rates or longer repaymen...read more
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Q3. Tell me what you know about RERA and its major acts.
Ans. 
RERA stands for Real Estate (Regulation and Development) Act, which aims to regulate the real estate sector and protect the interests of homebuyers.
• RERA was enacted in 2016 to bring transparency and accountability in the real estate sector.

• It mandates the registration of real estate projects and real estate agents with the regulatory authority.

• RERA ensures timely completion of projects and protects buyers from unfair p...read more
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It is combination of logical reasoning, quant, and english. Honestly it is quite tough being prepared is suggested.