Taral Shah ends 2020-21 with steep growth for Shivalik Projects amid pandemic

Taral Shah

As the financial year 2020-21 ended, there was one company of Gujarat that raised the bar of sales that was unprecedented in the real estate market. Shivalik Projects recorded sales of around 3 lakh sq. ft. in just the last quarter. They celebrated a benchmark of 1 lakh sq. ft. sales in February and eventually ended up with 20% more sales in March as compared to previous month.

The reason for such success lies in the Customer Experience and Trust established by Shivalik Projects in the last two decades. The company started operations in 1998 with only Residential Projects. Later in 2003, when their MD, Taral Shah joined business, they ventured into Commercial Projects as well. Our projects are mainly in Ahmedabad and some of them in Surat and Rajkot. We are proud of the fact that around 80% of our business comes from our existing customers and their references. That speaks volumes of our Brand and Legacy", says Taral Shah.

Shivalik Projects has been a game changer when it comes to innovation and ideas in Real Estate. Post-pandemic, they launched WFH - Work from Home spaces in their Residential Projects which became an instant hit amongst the consumers. They have also adapted to the Digital Revolution and focused on Digital Sales rather than the orthodox physical model of space selling. That became a key asset in times of pandemic when everyone was hooked to their mobile phones or laptop.

"We plan to have maximum digitalization and technological use, be it Sales or 3D Printing or anything else. This is the only way we can connect to the next-gen customers and their needs. Also, it is essential if we want our next generation to work with us," says Taral Shah.

Shivalik Projects have also initiated Green Building concept where the project includes implementation of Solar panels, extensive plantations and even rainwater harvesting facility. They aim to reduce carbon emission by creating well-ventilated spaces.

Their plan for the future is to design an ecosystem that includes Interior Design, Home Design, Maintenance, Infrastructure, and small constructions as well. "We are focusing heavily on Redevelopment Projects right now. My vision is to establish Shivalik Projects in the top 5 companies and project it as a company for the next generation. We would want to cater all the segments of real estate and achieve a goal of around 50 million sq. ft. in coming years," shares Taral Shah.

Taral Shah is also the President of CREDAI Ahmedabad Youth Wing and Secretary of CREDAI Gujarat Youth Wing. He is also a Member of GCCI Real Estate and INFRA Committees, playing a vital role in shaping various policies on Real Estate. He considers Shivalik Projects to be Growth Partner of Gujarat, mainly Ahmedabad.