Lifetime Achievement In Real Estate - M/S Shah Builders & Developers

Introduction

Managed by Nalin Shah who has gained an expertise in the real estate sector with a rich experience of 18 years, the company has gained a reputation for its quality construction work of residential buildings, business buildings, commercial malls, shops, showroom, roads, dams, bridges, town-ships, bungalows as well as open plots.

The construction business runs in the family and stays in the family. M/s. Shah Group Builders & Infraprojects Ltd was incorporated in 2007 and has been ably run and supported by the entire Shah household. While the reins of the business is held by Nalin V. Shah, the management of the company is supported by his wife Neelam Shah as well as his son Nirav and daughter in law Bansi as well as son-in-law Deepak Mota as well as daughters Shobhana Mota & Sadhana Haria too. Needless to say, all members work as a team and have gained good expertise and experience in their respective line of business which includes key managerial functions like marketing, supervision of construction work, purchase of construction material. finance, etc. They also have a well-experienced and qualified staff to support them in handling the huge scope of work in the numerous projects undertaken by the company.

Shah Group has undertaken and successfully completed several projects in Navi Mumbai, especially in Vashi, Vashi-Sanpada, Koparkhairane, Nerul-Seawoods and Kharghar.

Shah Group is the pioneer in the development of the Palm Beach region at Navi Mumbai. Shah Complex-I was the first building constructed on Palm Beach Road by Shah Group. After this project, this area has become a prime place for building construction. During those 18 years, property prices rose from Rs. 800 per sq.ft to Rs. 22,000 per sq.ft. Mr. Nalin Shah was the first to envisage the potential of the location.

His strategy has been to purchase a plot in a developing area which will eventually develop thus enabling growth. Subsequently, he started buying ditches and swamps at Palm Beach (Navi Mumbai) at a budgeted cost. This was his wonderful foresight when no big eminent builder was ready to give Navi Mumbai a second look. Infact, there were times when the builder fraternity would mock him for purchasing land here. But time and changing fortunes wait for none. The strategy paid off with Nalin Bhai as well as his customers earning huge profits at the end of recession as today the same Palm Beach road land has turned into gold,  thus paving the avenue of Success for Shah Group.
To say that his Midas Touch has helped his customers. Besides that, his vision and honesty has helped to build a strong bond of trust with his customers. He is known as a pillar of development for Kharghar and in fact the entire Navi Mumbai. He has also undertaken and successfully completed many construction projects in the same area which has helped him to gain a rich experience as well as a strong network which is of utmost importance in this line of business. In addition to this, having one’s own family members actively involved in the day to day management of the business has helped to acquire the necessary skills and experience required to build a thriving business.

At present, Kharghar is the best node of Navi Mumbai, developed as per the standards of International city. Chief among the projects by the Shah Group is Shah Heights, which is the one of the recently completed projects having 19 storey towers with all ultra modern amenities. Besides this, other projects include Shah Alpine, Shah Orchid Villas, Shah Prima, Shah Royale, Shah Kingdom which are currently running/upcoming projects in Kharghar.

Shah Group deals only in CIDCO (City Industrial Development Corporation of Maharashtra Ltd which is the Govt. body for Land & Development in Maharashtra, India) Tender Plots. These tender plots have 100% clear titles. Easy loan facility is available for customers.

The Main objectives of the Shah group as per the Memorandum of Association are as follows:

To carry on in India and elsewhere the business of builders, developers, contractors, designers, architects, decorators, furnishers, consultants, constructors and brokers of all types of buildings and structures or any other schemes and any other type of development and redevelopment and to develop, erect, install, alter, improve, establish, renovate, recondition, protect, participate, enlarge, repair, demolish, remove, replace, maintain,manage, buy, sell, lease, let on hire, commercialize, turn to account, fabricate, handle and control all such buildings and structures and to purchase, sale or deal in all types of movable and immovable properties for development, investment or for resale and to act as buyers, sellers, Importers, exporters, distributors, stockist or otherwise deal in all types of raw materials, goods, fittings, part, accessories, know-how, consumables, plant and machinery, tools and tackles used for the foregoing purpose.

Besides this, the objectives also include to carry on business in India or elsewhere, either alone or jointly with one or more persons, government, local or other bodies the business of constructing, building,acquiring, converting, improving, designing, erecting, establishing and to equip, develop, dismantle, pull down, turn to account, furnish, level, decorate,fabricate,install, finish, repair, maintain, locate, modify, own, operate, protect, promote, provide, participate, reconstruct, dig, excavate, renovate, remodel, rebuild, undertake, contribute, assist and act as engineers, interior decorators, agents, contractors, sub-contractors, service provider and managers of all types of constructions and development work in all its branches such as roads, ways, culverts, dams, bridges, railways, tramways, water tanks, reservoirs, canals, wharves, warehouses, factories, buildings, structures, drainage and sewage works, water distribution and filtration systems, docks, harbors, irrigation works, foundation works, flyovers, airports, runways, rock drilling, aqueducts, stadiums, hydraulic units, sanitary works, power supply works, power stations, hotels, hospitals, multistory colonies, complexes, housing projects and other similar works and for the purpose to acquire, handover, purchase, sell, own, cut to size, develop, distribute or otherwise deal in all sorts of lands and buildings and to carry on all or any of the foregoing activities for building materials, goods. plants, machineries, equipments, accessories, parts, tools, fittings, articles, materials and facilities whatsoever nature.

The open secret about the Group’s success and Nalin Shah’s climb to the top is his foresightedness in the property market. It is important to know which area`s property price will move up or take a plunge beforehand or where investment could be safe, secure and profitable. Whoever invests with insight in the property market makes gains and tastes success. However, it would be wrong to say that only foresightedness is the key to success. At best, it will be the half truth.  What is also important is a blend of  honesty, truth and hard work as complements to the foresight that makes a successful builder and a developer in the  realty industry. All these virtues have been seen as a complete package in the CMD of Shah Group Builders & Infraprojects Ltd. Shri Nalin Shah who has an aura of trustworthiness which has instilled itself deep down in the people and his customers who are around him.
Besides his foresightedness,  his confidence has built a goodwill that has earned him a special place among realty buyers. Also, his grounded nature steeped in integrity and respect for people and the quality of standing by whatever he takes up has earned him the well-deserved respect among people. His untiring contributions to the realty industry and society at large have won him numerous awards and recognitions. In short, a winning combination for any businessman of stature.

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