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10 BOOMING REAL ESTATE COMPANIES IN INDIA 2022
Ekta Contech Pvt. Ltd. The same principles were carried prior knowledge, they are trained
well to bridge the gap. The transi-
on by his son, Prince Shrivastava
when he joined Ekta Contech as MD. tion from the conventional methods
REDEFINING INDIA’S REAL ESTATE WITH SUSTAINABLE AND SMART Well known for his passion and of construction to the sustainable
DEVELOPMENT devotion to the residential real approach widens the gap between
Corporate Review | Pooja Kundoo
estate industry, Prince Srivastava was people who understand the change
With a remarkable track record of exposed to entrepreneurship from and the rest who doesn’t. We are
success in the country’s real estate an early age. He grew up in Ranchi,
industry, Ekta Contech Pvt. Ltd. Jharkhand, watching his father’s work helping investors to understand the
has effectively created a mark that and versing about the real estate future of this market with the help
defines what the company stands industry. Later on, post his law studies, of expert counsellors at every step.
for in terms of infrastructure, struc-
tural construction, and distinctive he shouldered the responsibility of MEGATRENDS CHANGING THE
real estate services it provides. Ekta Contech and strategically, over
the years grew the firm from its orig- REAL-ESTATE LANDSCAPE
After working for more than 30 years inal goal of being a real-estate busi-
in the field of real estate, Satish ness to much more. “Today, our vision A few megatrends, in particular, have
Srivastava planted a dream in 2010 my attention and excite me to be a
to develop a sustainable real-estate is to provide a roof to everyone, even part of them. The first is the tran-
culture and educate people about to the people who cannot afford it sition to sustainable development.
real-estate investments. He nurtured right now but deserve it for their lives’ Construction consumes nearly 50% of
it with his hard work and grit deter- work. We understand the basic need global energy, 50% of water, and 60%
mination. Today, Ekta Contech has for a home that many are lacking
risen to prominence as a real estate Prince Srivastava | Managing Director which brings us to the solution of of building materials while causing an
legacy, backed by its solid foundation. In 1975, Satish Srivastava entered Green Buildings” asserts Prince during 80% land loss to agriculture which is
the construction industry, learned the interview as we gain insights over why it is time to switch sides. I believe
STAYING AHEAD OF THE CURVE the art of construction, and set a Ekta Contech through his lenses… that constructing Green Buildings
• Customer base: 1000+ clients goal for himself. His efforts began to will reduce carbon emissions and
• Revenue: It is going to exceed 200 bear fruit in 1984 when he founded Let’s hear the words from the leader use fewer natural resources, paving
crores by 2024 his own company with a small team himself…
• Growth Rate: 96-118% per year of like-minded individuals. Eventu- the way for a more secure future,
• Accolades: India News Best ally, his progress became clear with ADDRESSING THE CHALLENGES
Emerging Real Estate Developer of the flourishing ‘Apartment Culture’ One of the biggest gaps in the market
the Year 2021- East India directed by him in the small town is the lack of skilled individuals to
• Recognized as the Best Company of Ranchi. Until now, the company
of the Year 2021 by Creative Bit, has undertaken over forty projects work in the sustainable development
for promoting sustainable ways of to ensure that people get the most sector. The stereotypes have pushed
Construction in Jharkhand out of their investment. A man of people away from choosing real estate
• Published in the prestigious columns ethical persona, he never compro- as a career option.
of leading business magazines and mised on product quality, and his Ekta Contech ensures that even if
newspapers work was never motivated by profit. someone joins the company without
|18 thecorporatereview.com | India | Vol. 3 | Issue 5| July 2022 |19