About us

NovaWealth.com has been created to provide an extensive search facility for properties covering more than 150 prominent Indian cities. It has been brought to you by the Madaan Group of Companies. Madaan Classic Developers Private Limited, the flagship company is an experienced player in the real estate markets for the last four decades. The Madaan Group has interests in real estate development, construction, cold storages, warehouses, hotels, petrol pumps and pharmaceuticals manufacturing. If you have any suggestions about NovaWealth.com, we would appreciate any feedback given.

Real Estate market is growing day by day due to tremendous appreciation in property prices.

Real estate sector is the second largest employer in India after agriculture, according to a recent study by PHDCCI (PHD Chamber of Commerce and Industries) study. The Indian construction industry is all set to become 180 billion USD sector by 2020 from its present size of 50 billion USD.

The main objective of NovaWealth.com is to convert the unorganized market to an organized one and connect people from all classes, be in business or jobs to this extremely lucrative business.

After independence, investment in real estate is very safe. In fact it is safer than any other investment if there are no litigations. If we compare this business with others - we can safely conclude that there is no substitute to real estate since anything that is manufactured has a substitute, even fuels have substitutes. Investment in industries depreciates with time but investment in real estate appreciates with time. The total land area is constant and demand is increasing everyday due to increasing population. Also India is developing at a very fast pace and lot of infrastructure is required, many roads and bridges are to be constructed. India accounts for almost 20% of total world population.

There are a few bottlenecks in accomplishing the objective:

a) Property guidelines vary from state to state.
b) 95% of real estate market in India is run by untrained people.
c) There is lack of transparency in property deals.
d) The concept of MRP is also absent.

NovaWealth.com has bee brought to remove these bottlenecks – provide transparency in deals and provide professional services. We believe that time is money, you are paid for the number of hours you put in to your work - but the real estate clock runs 24 hours a day.