One of the leading Construction and Infrastructure Development Companies in India, SHRISTI INFRASTRUCTURE DEVELOPMENT CORPORATION LTD. started commercial operations in 1999 and is today a pan-Indian company in the fields of Infrastructure Construction, Infrastructure Development, Hospitality, and Healthcare. The company draws inspiration from engineering marvels that have contributed immensely in raising the standards of infrastructure and paving the way for economic prosperity and a good life for all.
Q. Could you share Shristi’s journey of innovation in the world of Real Estate?
In what ways has it changed the dynamics of your business? Shristi Group has always been in the forefront in terms of innovations. Apart from development of housing, we focus mostly on the development of townships in Tier-II cities. The townships are an eco-system by itself having a School, Club, Mall, Healthcare, Hotel. This has helped us to emerge as one of the largest real estate developers of the country.
Q. What are the future business expansion plans of Shristi Infrastructure?
Presently we are developing an integrated township in Guwahati by the name of Shristinagar, Guwahati. Expansion of our existing township in Asansol is also in progress.
Q. Tell us about your commitment towards the infrastructure industry in India & your strengths to achieve your targets!
We are committed in developing integrated townships with all modern facilities and amenities and at affordable prices. We are the forerunners in this segment, and have earned the faith of homebuyers over the years.
Q. Government has very ambitious plans of expanding real estate market as a way to boost economic growth under the ambitious ‘Pradhan Mantri Awas Yojana. What are your plans ahead in the government’s quest for creating better opportunities?
We have been developing and delivering best quality homes at affordable prices over the years. The PMAY scheme launched by the Government shows the strong inclination of the government towards inclusive growth. We appreciate the efforts of the Govt. and are committed in our mission of developing homes for all.
Q. How ‘The Smart City Project’is a prime opportunity for real estate companies?
The purpose of the Smart Cities Mission is to drive economic growth and improve the quality of life of people by enabling local area development and harnessing technology. Tier-II cities are the next big thing in the development of smart cities. This will provide a huge opportunity for real estate developers in the coming days.
Q. In what ways, the real estate sector is contributing to the country’s GDP?
India’s real estate sector is on the rise and this will continue in the future. It is projected to be the 3rd largest sector with an optimum growth projection. The real estate sector is the second largest employer after agriculture and experts have stated that the sector is poised to grow around 20 percent over the next decade. Q. What is the future outlook of Commercial Real Estate industry? The future of commercial real estate is very encouraging, to say the least.
Q. How do you envision growth for your company for the next five years and what are the future investments plans of your company?
In the next five years the company will definitely grow as we are looking to take up new large size development projects across India. In years to come we see a substantial growth.
Q. What are Shristi Infrastructure's highlights in 2021 & 2022?What are the company’s hopes in 2023?
Shristi’s highlight in 2021 &2022 has been on having Healthcare facilities in all our Townships considering the times faced during the Pandemic. This is especially looked into keeping in mind the benefit of our clients. The Company Hopes for 2023 is Housing for all with quality construction at reasonable prices, also having all modern amenities for the benefit of having Happy Customers.
