Mahendra Singh honored with CEO of the Year Award

DUBAI- September 23, 2014: Mr. Mahendra Singh, Managing Director of SPF Realty- the largest real estate broker in the UAE’s freehold property sector- has been conferred with Real Estate Brokerage CEO of the Year Award at the fifth edition of the CEO Middle East Awards held recently in Dubai. 

The Real Estate Brokerage CEO of the Year Award was bestowed upon Mr. Mahendra Singh in recognition of his vision to spearhead SPF Realty’s outstanding growth, acting as an extended arm of several premium developers in the UAE market. 

SPF Realty was established in 2005 in Dubai with a vision to offer holistic solutions to all property-related requirements. The company mainly focuses on Real Estate Sale Brokerage and Real Estate Lease Brokerage services. SPF Realty has stood firm through the ups and downs of the nascent real estate market in Dubai to emerge as a leader in the sector. 

The coveted accolade honors CEOs from across industry sectors, recognizing their business excellence and overall business success and acknowledging the vital contribution they make to the vibrancy of business in the region. 

Commenting on receiving the award, Mr. Singh said, “We are extremely proud to receive the prestigious award. This honor acknowledges the strong growth that SPF Realty has showcased in the UAE market — driven by our projects of unparalleled quality and value for the investors’ money. We have been aggressively unveiling a range of new projects across Dubai, creating strong rapport with major developers here by selling their projects in record time than any other realty service provider in the market.”

“Our success is a reflection of the tremendous confidence and trust of the developers as well as investors in our marketing strategies and service standards. We care more about our credibility than money. If we remain credible and trustworthy, money will follow,” he emphasized that success of his company lies in teamwork, “It is the collective effort of the SPF team.” 

“With unmatched market expertise and uncompromising service quality as our backbone, we offer our clients a complete and customized service advisory package that assures appreciation and return on investment, the company said in a statement,” he added. 

Mr. Singh believes that the success of a real estate business lies entirely in the trust a customer has on the company. “Every time we take up a project, we preselect our investors and give them the details with pure recommendations. Most of the time, our customers go with our recommendations. That’s how we usually pre-sell projects. We strongly believe in the long-term investment value of residential properties in Dubai market.” 

“SPF Realty is catering to the needs of a global metropolis, which attracts both the end-users and realty investors alike. We contribute to the growth and pre-eminence of the emirate among the great cities of the world. We have database of 500,000 investors and buyers-mostly foreign investors. Out of this, only 20 percent are from Dubai. We handle their investment in real estate and give them hefty returns,” he concluded.