Share with us your views on the roadmap or the outline, which followed in the recent year of 2018-2019 period, for the infrastructure and construction sector.
While luxury housing continues to maintain its demand in Hyderabad, builders are becoming increasingly inclined towards building affordable housing projects, especially with the Government’s support. Attracted by growing job opportunities in Hyderabad, consumer demand for affordable housing has increased exponentially. It is a highly profitable long-term proposition for builders.
Tell us about your recent recognized projects (e.g your core execution strength and expertise in providing best solutions) / views on the current promising trends of the Industry.
Launched in 2018, Aparna Sarovar Zenith is a gated community of luxury apartments located at Nallagandla, in close proximity to the IT hub/ financial district at Gachibowli. The gated community boasts of tranquil open spaces, eco-friendly design and state-of-the-art home automation technology.
In February 2019, Aparna Constructions launched Aparna One at Shaikpet near Jubilee Hills. The project is Hyderabad’s first ultra-luxury high-rise residential apartment gated community, as well as Hyderabad’s tallest residential tower.
Share with us your promising management ideas and driving strategies which you are using in your projects?
Aparna Constructions has solidified itself as one of the preeminent builders in India by focusing on meeting future needs and adhering to an unwavering standard of excellence. The innovative and highly efficient approach to the way Aparna Constructions does business has allowed the company to expand into and dominate a variety of real estate development industries and services, ranging from ultra-luxury construction to green-energy research.
We reach the highest benchmarks of construction quality and environmental responsibility by our implementation of Backward Integration. This entails vertical integration in which Aparna Constructions has set up its own building material facilities to ensure a more reliable or cost-effective supply of inputs. This strategy insulates the company from market cycles. It allows for more efficiency and control of the development ecosystem, and thus shields our customers from elevated costs.
How would you predict the year 2019, along with sharing your business plans for the next 5 years, as the new government is just going to be elected, in order to adapt to the latest policies and norms and remaining competitive in the industry?
The newly lowered GST rate reduces the pricing disparity between under-construction and completed projects which will spur demand for new projects. While these changes have invariably caused short-term challenges, the real estate sector expects more stability and growth over the long term.
Aparna Constructions is currently exploring new opportunities in affordable housing. Since affordable housing projects were given a major boost in the Union Budget 2017-18 with the granting of infrastructure status, it is the most incentivized segment for both developers and buyers.
Is there is something you would like to share with your audience at large, as in discussing your trade principals and economic ambitions for the near future?
At the heart of our innovation and growth strategy for the future is big data. Putting the customers first has always been the vision of Aparna Constructions and data helps the company accomplish this. Data plays a major role in the planning, design and operation of our best-in-class gated communities.
