Pandemic introduced new methods of collaborating and working across industries, and now either complete remote or hybrid methods of working culture are being adopted by most netizens. One of the emerging companies in this sector is IM Buildcon - incorporated in 2011 - the firm is headquartered in Goregaon in Mumbai and has a strength of 22 employees at present. Set up by Imran Khan, IM Buildcon was established in honor of his father’s legacy in the real estate business and has worked tirelessly to build a name for the firm.
Sharing the vision and mission of the firm, Omar Khan, Director says, “Goregaon is also a longstanding commercial hub, business home to some of the full- fledged and actively growing companies. This continual rise in the business development sector in Western Suburbs, especially Goregaon pushes the demand for palatial residential projects in Goregaon rapidly”.
Maximum home buyers seek amenities which are capable of conjuring bliss and ultimately elevate their mood to unwind from the busy, hectic Mumbai lives. Applaud 38 is a luxury residential project in Goregaon that promotes good emotional health with amenities that are sumptuous with their architectural characteristics like the lobby, gym, health club, yoga zone, 350 ft above sea level terrace gardens worth striving for.
Amit Hindlekar, Chief Executive Officer says “After nearly two years of lockdowns and travel embargoes, as investors plan their post pandemic strategies, its seen that global transactions have paved way for regional ones. This is driven by the fact and experience that owners and investors today are looking inwards to unlocking value of their existing real estate assets rather than acquire more by not just cost cutting but also value creation and enhancement and maximizing resource exploitation.
Some key lessons learnt and adapted are:
a) Pursuing value enhancing projects: Developers are becoming increasingly conscious while developing new projects by focusing on target audience preferences, value creating propositions, etc.
b) Enhanced focus on services with the asset: Landlords are forced to explore value enhancingand optimising propositions to attract customers. With work from or near home, people are focused towards amenities and add-ones similar to in their workspaces. It’s a 2 way win as employees cut travel times and employers pay lower rents.
c) Bringing back the big picture:In India, the emerging trend is fast moving from nuclear homes to larger homes under the parental tutelage or joint family umbrella with also dedicated workspaces.
d) Alternative real estate asset classes: Professionals are seeking dedicated work spaces at home without compromising on the office atmosphere, along with retail therapy and getting products delivered to their doorsteps. Thus, need for large go-downs, storage spaces, cold storage, etc. has gone up drastically urging investors to modify their business plans to meet this demand.
Throwing light on unique project requirements clients come with, Hafsa Khan, Architect for the project states, “Applaud 38 is a design initiative to bring to a lifestyle par excellence. Architecture and Design have always been natural choice which bring out the best in city landscape, Design should be an ever evolving science that reflects the urban and social culture of a local and its people. Applaud 38 envisions spaces that reflect timelessness but captures the requirement of now. Located around the scenic beauty of Aarey, Applaud 38 caters to needs of every individual that expects lifestyle ‘above and beyond’ that blends luxury with affordability”.
IM Buildcon brings back the old-meets- new elegance to the most sought location of Mumbai - Goregaon . Homes styled by internationally acclaimed stylist, Sussanne Khan and Designed by Hafsa Khan and Platinum certified by IGBC. Applaud 38’s delivery deadline as per RERA is December 2024. However, with the current smartly designed construction schedule, the firm endeavours to deliver by December 2023, a full 12 months ahead of its schedule.
Hafsa Khan, adds “For the city that was once a sure success ticket to live your dreams Is now starving with living spaces that can accommodate your dreams. 1BHK for us was meant to be more than 4 walls in 4 steps. Applaud 38 is our way of expressing ‘Architecture’ that brings about a contextual solution to the compact spaces in Mumbai with premium & spacious high-rise apartments.
It boasts simplicity and sophistication. 1 and 2 BHK with zero wastage of space, ergonomically designed room dimensions well light and ventilated rooms overlooking the scenic accolades of Aarey. King sized entrance lobby, coupled with plush amenities offer a lifestyle upgrade. All this enveloped into a timeless piece of elevation which amplifies simple strokes and bold iconic crown.
Bringing all this elegance and luxury to a value for money bracket is what we mean by exquisite opulence merging with Intelligent craftsmanship”. Imran Khan, Managing Director says, “Everybody’s good at something. For us, it’s building homes. We build a place where you can find all your comforts & finally call home. It’s what we do best & that’s how we became a trusted real estate brand in Mumbai”.
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We endeavour to make the buying experience as easy going & seamless as the living experience. Our team cherishes its client relationships on account of their technical domain knowledge and experience
Imran Khan, Managing Director
He further adds “Robust engineering & transparency in business has placed us among top real estate companies in Mumbai. Applaud 38 intends at securing a position with the finest real estate developers to introduce the ideology of exquisite, top-quality and skilful products. We intend to present the bigger picture for our clients, as buyer happiness & satisfaction are the ultimate rewards for us. Our team is fully committed to building classy living spaces along with providing the finest customer service”.
Imran Khan, Managing Director
Born in Chennai and having completed schooling and early education too from Chennai and graduation from Mumbai, after his father’s demise, Imran pursued his father dream passionately and continued creating real estate spacesacross Vasai Virar and Chennai through joint ventures and associate companies.
In 2011, Imran founded IM Buildcon Pvt Ltd to continue his work and in the last decade and half, has successfully delivered over 1 million sqft of real estate across residential and commercial segments. Imran always says “My work is an extension to my father’s life, vision; dreams of creating & delivering value to our customers with the actual Real Estate spirit.