Overcoming all adversities, the real estate market in Bangalore, India, has been growing exponentially, backed by an increasing demand. It has been highly influenced by technological innovations that have helped with up-gradation of amenities that promote smart living. Post-COVID, there has been remarkable inflation in real estate prices and housing rentals, according to media reports, that has further boosted the growth of this industry. However, with the increasing infrastructure, the industry is facing significant problems. Real estate developers are trying to accommodate the demand as much as possible, compromising on space and many other basic functionality in high-rise residential buildings. Being operational for more than 25 years in the Bangalore real estate market, Suraksha Group has eliminated space constraints in residences and taken care of the functionalities to the smallest detail. The structures created by the company stand testimony to the company’s commitment to delivering premium quality products that can be banked upon.
Right from the project’s ideation, Suraksha Group works in close association with the architects to get the functionalities and the design right. When finalizing a project design, the company does an on-site block work marking to determine the accurate layout and then, finally starts with the construction. “The on time delivery with utmost care to quality of our construction, has proven to be utterly beneficial for our company’s growth. Even during economic confusions like the demonetization and GST implementation, we did not face a shortage of demand”, mentioned Koushik Somashekar, Director of Suraksha Group.
Achieving Expectations
There are certain aspects of construction that the company has followed for its flagship project called Suraksha Heritage
Park, located in South Bangalore. First is building as many balconies as the number of rooms for each unit, which is G+11 towers high, comprising of 198 residential units. As the city has got more and more urbanized with the inclusion of population from different parts of the country, bedrooms started getting covered by basic utilities, leaving minimum moving space. This can affect the ultimate well-being of the residents by forcing them to live within congested spaces. This was exactly why Suraksha Group came up with this idea, providing the residents with a breathing and moving space attached to their rooms. “This gives a spacious inside and outside experience of the unit and makes it a better place to live”, said Koushik.
Always keep room for improvement & deliver better projects than the previous ones
The second aspect is the rule of having no common wall units in a high-rise residential building. Due to space constraints, real estate developers tend to build common walls connecting the units in a structure. Here, the residents are forced to share some common walls leading to compromise on their privacy with noise. Suraksha Heritage Park has been designed to have no common wall units that give residents the sensation of an independent house. In this regard, the construction cost for such an idea is higher than usual. Still, the company has turned that to its advantage by adding value as an independent structure and assuring a safeguard of privacy. “We believe consumers will invest if a property fulfills each family members expectations. We are offering something for everyone in apartments with meticulous planning, aftermarket study, product understanding and taking feedback from existing customers”, added Koushik.
Suraksha Group projects are also technology savvy and equipped with several modern innovations to promote smart living. The company provides digital locking systems to all the main entrances of the units. The systems are OTP and bio-metric enabled and provide the utmost security to an apartment. “The intercom facility can be availed using a smart application with minimum human intervention, which brings convenience to consumers”, he added.
Looking at the Future
The company’s core policy has followed until now is to make every project better than the previous one and always keep room for improvement. This ideology by V Ramesh Kumar, the company’s Chairman has materialized over time and helped the company gain trust in the market. Currently, the company looks forward to backward integration of operations and produces all doors and windows required for its projects in-house in a factory in Hoskote, Bangalore. “We keep changing structures and designs according to the changing trends in the market and are looking forward to achieving more backward integration in the future to control quality. We have also forayed into the hospitality sector a few years ago and plan on acquiring more projects in that domain. We want to make our presence felt in other areas of the city, especially East Bangalore”, concluded Koushik.
Koushik Somashekar, Director, Suraksha Group
Koushik Somashekar, serving as the Director of Suraksha Group, boasts over 9 years of expertise in Bangalore’s real estate sector, specializing in residential and hospitality verticals. Possessing an engineering background, he has further augmented his skills with a Master’s degree in Engineering Management from Duke University, USA.