We are trying to get all our buildings to gold rating standards, which ascertain the usage of sustainable and innovative construction technologies. Bharat Dhuppar, CEO, Sheth Creators
India has an impending need for building infrastructure what are your views on this?
Undoubtedly we need infrastructure as an essential element; it is the key need today in any country. Be it infrastructure in terms of housing, commercial and large-scale infrastructure, this sector is highly responsible in the overall development of the country. The infrastructural development in any country is an ongoing process which includes a lot of planning, designing, financing and maintenance which continues for long period. It acts as the backbone of an economy.
The term slowdown has become synonymous with real estate, when do you expect it to recover?
When people term ‘slowdown’, it exists in the overall economy and not only in India but globally. As the economy comes to stability everything will fall in place, real estate being animportant part of it. Even if the market falls slow, in certain places they still pull up themselves with the governments emphasis in building smart cities.There is nothing to generalize as even if the market is down or the economy falls slow, these places survive the ongoing conditions. Hence even when the market is down there are certain places which are doing well.
Do you think the future of real estate lies in rentals or ownership will tend to be the predominant trend?
Real Estates never goes just one way; the ratio keeps changing from time to time. It would be in combination of both rentals and ownership. There are two important things which are often seen in India’s real estate market, one is the loan functioning and second is rentals. Rentalproperties are the only option for many people in India, so it is always a combination of rented and owned depending upon people’s living status and preferences.
Construction and real estate are two sectors which have readily made use of new technologies to offset cost and enhance quality. What are the new generation technologies that Sheth Creators has adopted in its projects?
We have adopted Mivan technology for the construction of our buildings. We have taken a lot of Green initiative like STP and Rain water harvesting to make our buildings more sustainable. We have adopted all the norms which come under Gold certification by the government.At every step there are various elements which are there in showing quality and reducing costs.
What are the green solutions Sheth Creators has put to use in its projects?
There are a couple of things like rain water harvesting and sewage treatment plants, which prevents the waste to directly go into the sea and hamper the environment. We are trying to get all our buildings to gold rating standards, which ascertain the usage of sustainable and innovative construction technologies. At Sheth Creators the architecture and structure of the building is designed in a way that helps in contributing to the sustainable construction of a building like using large double glass system and heat resistant glasses for windows which helps in keeping the building cool. The designs of the building are moulded in a manner where there is more direct
light and ventilation which helps in power saving.
