The Indian real estate sector has shown remarkable growth recently. Emerging as a top choice of investors, it is expected to grow at a CAGR of approximately 13% during the forecast period 2022-2027 and contribute 13% of the country's GDP by 2030, as per a report. Investors in real estate have always believed that commercial real estate is a rewarding investment choice as it offers high ROI and additional income opportunities. With economic activities increasing and a majority of the workforce returning to the office, the demand for commercial real estate is soaring high.
Digitalization, policy support, low-interest rates, and growing consumer confidence have enhanced the value of the commercial real estate and new trends are constantly shaping up, which are making its future more promising. Shilpa Developers is one such prominent Bangalore-based player in this segment providing end-to-end solutions for building and construction. Since Tallam R. Rajan founded Shilpa in 1982, the organization's history has been marked by culture, aspiration, and a commitment to a sustainable India. These values, which are based on trust and fidelity, have established a strong foundation for the growth of Shilpa Group Company. Shilpa Group promotes the brand 'Shilpa' as builders and developers with a clear vision to change the way the Real Estate industry perceives quality and service.
Its intuition and business acumen, combined with a highly inventive team, have led it to believe that "Quality with Service" could become the key differentiator between "Shilpa's" proposed venture and other construction companies. This vision has remained the cornerstone of all of its endeavors over the years. “The axiom that underlies our work is to continually realize and surpass the client’s vision to deliver a solution that is of next-level excellence. We work by listening to the client's needs and coming to understand their aspirations.
Thereafter, we formulate a result-focused solution that not only meets their expectations but also transcends their aspirations. This philosophy forms the basis of each timeless creation that we have had the honor of forging and adding to Shilpa’s years of success,” emphasizes Tallam R. Ramachandra, Chairman and Managing Director.
Testament of Excellence
These days’ clients are very demanding. The first thing that comes to their mind is the time required to start and complete a project. The importance of finances is then evident. To address the same, SHILPA developers is equipped with in-house expertise in the execution of various Contract projects, IT parks, Commercial office space,
Schools, and Medical Institutions, and is able to meet customer demands in the design of innovative methods and strategies starting from financing, contracting, and project structuring, among others. SHILPA Developers also assists its clients in connecting with the appropriate consultants, such as those in plumbing, electrical, landscaping, lighting, and other fields to make their project one of the best in the city, as well as assists in obtaining green building certification such as gold and platinum.
In the last few years, the firm has completed140+ projects comprising 50 million square feet and 5 million square feet of ongoing projects. Shilpa Ananya Tech Park, Shilpa Emerald, Shilpa Laksh, Shilpa Dacha, and Shilpa International School are a few of them. The firm has also completed some immensely challenging projects, such as the Prestige Shantiniketan Mall in Whitefield, Bangalore, the Microsoft office on Bangalore's outer ring road, and the 21-story residential tower Pramukh Aqua Heights on Hosur Road. Shilpa Dacha on Sarjapura Road in Bangalore was one of the firm's one-of-a-kind projects.
It had planned very large size villas priced at 4cr+. This was a challenging task since SHILPA was the first to probe the market for very high-end villas in this area. Further, for Shilpa International School in Bangalore, the firm was given 2 acres of prime land on which to design a school for 2000 students with modern architecture and amenities. SHILPA Developers is proud to have achieved this milestone without compromising quality or amenities, and the school is now successfully operational. In a nutshell, Shilpa Developers' Google reviews 4.7* ratings with excellent customer feedback on itself depict the efficiency of the sales team Mr.Simha Krishnamurthy under the leadership of Tallam R.Ramachandra.
The Road Ahead
'Shilpa is a Company with focus and dynamism. The postulate that governs its work is to consistently recognize and exceed the client's vision, delivering the next level of excellence. The firm listens to client's needs and understands their aspirations before developing result-focused solutions that consistently meet and exceed their expectations. This philosophy is a statement of Shilpa's success, one that underpins every timeless creation it has had the privilege of fostering.
The postulate that governs Shilpa’s work is to consistently recognize and exceed the client's vision, delivering the next level of excellence
Shilpa Group is driven by the mission of approaching each project with enthusiasm and going the extra mile to ensure complete client satisfaction. Its experience and passion are evident in the designs, which are distinct, polished, graceful, and relaxed. Initially, the firm attempted to integrate home automation into its residential projects. Now, it has started providing electrical charging points for car charging and is always updated about the market needs which it is ready to incorporate into all future projects. Shilpa Group is always coming up with innovations and its future projects are expected to be self-sufficient in terms of energy, water, and other community needs. “We are always one step ahead from the rest of our competitors and always strive for excellence to achieve a good name and stay afloat in the business,” concludes Tallam R. Ramachandra.
Tallam R. Ramachandra, Chairman & Managing Director, Shilpa Group
Tallam R. Ramachandra has completed a B.E., in Civil from BIT College of Engineering, Bangalore, and joined his father, Tallam R. Rajan, business legacy at Shilpa Group in2000. Tallam R. Ramachandra is an ardent entrepreneur who oversees the day-to-day operations of the entire group as well as provides leadership to the heads of the individual business verticals and corporate functions such as Project, Finance, IT, Legal, and Sales. He is a building technology expert who is successfully implementing his expertise in the entire group and specializes in the development of novel methods and strategies for financing, contracting, and project structuring.
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