AHMEDABAD, APR 23
Asserting that green buildings and green architecture are gaining momentum across the world, as consumers are becoming more aware about using sustainable things that do not harm nature, the construction sector too is undertaking several steps towards a cleaner environment, says Taral Shah, Managing Director of Shivalik Projects, one of the top three construction majors of Gujarat.
To cater to the needs of customers to live in with nature, Shivalik has started constructing green or sustainable buildings three years ago. And now all its new projects are categorised as ‘Green buildings’ by the Indian Green Building Council (IGBC).
Throwing light on ‘Green Buildings’, Taral Shah, says, “ IGBC has a set of criteria covering various parameters related to design, construction and operation of a building. All the rating systems are based on the five elements of nature and are a perfect blend of ancient architectural practices and modern technological innovations. The council rates the buildings as Silver, Gold and Platinum depending on their economic and environmental performance. Most of the Shivalik projects are in ‘Gold’ category and costs 3 to 5 per cent more than the ordinary buildings but the customers will save 13 to 15 per cent of water charges, energy bills in time.”
All Shivalik Projects adopt ‘Green Building’ concepts which include solar panel installation for generating green energy, extensive plantations, energy-efficient materials and a rain-water harvesting facility. These measures help in reducing impacts on human health and the environment for the entire life-cycle of a building. Green building concepts extend beyond the walls of buildings and include site planning, community and land-use planning issues as well, adds Taral.
Real Estate scenario of Ahmedabad is changing. In the post pandemic world, could not attend offices and were forced to stay home and continue their work and businesses. This led to a new kind of opportunity and after almost an era, the market now has a new acronym when it comes to buying home; it is BHK with WFH. WFH as in Work from Home space pioneered by Shivalik, has gained immense popularity, and has now become an integral part of their residential projects.
“The concept of Work-from-Home space is not limited to just the pandemic effect. Even when things get better, this concept will still be relevant as we have lot of enterprising females who would like to manage their work from home. Besides that, even budding entrepreneurs can set up their make-shift office and save on budgets”, says Taral Shah, MD of Shivalik Projects
Gujarat has seen a great surge in demand for residential projects in past few months and Shivalik Projects has been a key driver. In the last quarter of financial year 2020-21, the company witnessed humungous sales of 293000 ft sq. sales including 1 lakh sq. ft. in Februray 2020 and 1.24 lakh in March 2020.
“People realised that a Home is the most important asset that they have rather that other luxury things. In these challenging times, most of the families felt that they needed a bigger space as every member of the family was home the entire time. So, a major shift happened from 2BHK to 3BHK houses. This is the reason for the sudden rise in real estate in the last quarter”, shares Taral Shah. This year the company is adding couple of more projects that will take the tally to around 15 lakh sq. ft. in 2021.
Regarding the company’s growth strategy, Taral Shah says, “Apart from our new projects, now we are focusing aggressively on Redevelopment Projects. As per the latest GDCR guidelines, a lot of old projects will now go for redevelopment. Now this is a great opportunity for the Developer as well as the Residents and we design a mutually beneficial proposal to them.”
President of CREDAI Ahmedabad Youth Wing and Member of the GCCI Real Estate and INFRA Committee, Taral Shah has set a goal to expand Shivalik Projects and take it to new heights, be it Redevelopment, Interior Designing, Infrastructure Growth. It hopes to continue delivering best Customer Experience based on their Trust of over 20 years and emerge as the growth partner of the city.
