Business | SUNBIZ

Naidu’s Move From Banking To Real Estate Pays Off

Krishn Naidu has never regretted his transition from a well-paid bank job to starting his own real estate business.
29 May 2022 17:50
Naidu’s Move From Banking To Real Estate Pays Off
Roylux Realty owner, Krishn Naidu. Photo: Nicolette Chambers

Krishn Naidu has never regretted his transition from a well-paid bank job to starting his own real estate business.

With what he described as a gradual increase in real estate dealings around Fiji and with his company, Roylux Realty, Mr Naidu plans to open branches in Suva and Nadi before the end of the year.

The Lautoka born former Tilak High School student says people are spending more now on purchasing and rental of homes.

The 34-year-old graduated with a degree in Accounting and Economics from Fiji National University and joined Credit Corporation in 2009 as a credit officer before joining HFC Bank four years later as a personal finance executive.

In 2015 he joined ANZ Bank as a home loan specialist and it was during this phase of his career that he saw real estate as a lucrative business.

He decided to make the transition in 2018, joining Harcourts as a sales consultant.

“It was here that I saw the huge need for homes that were affordable for ordinary Fijians,” Mr Naidu said.

“I felt that I needed to be there to assist people own a home that was affordable to them and felt that this is where I needed to focus on.”

“These are average buyers.”

With determination, he opened his office at 3 Tui Street in Lautoka in August last year. This at the height of the pandemic.

From his time at Harcourts to Roylux Realty, Mr Naidu had sold close to 50 homes and found rental homes and flats for numerous people.

“This is a sign that the market is picking up,” he said.

“The real estate business looks good for the future as a lot of people are purchasing their homes.”

Mr Naidu employs 15 staff.



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