One of the industries with the highest international recognition is real estate. The expansion of the business environment and the demand for office space, along with the need for housing in urban and semi-urban areas, are excellent compliments to the development of this industry. Within India, the real estate market is expected to expand to US$ 1 trillion in size by 2030 from US$ 200 billion in 2021 and to account for 13 percent of GDP by 2025.
In addition to the multiple governmental initiatives to boost industry growth, the growing e-commerce and pharmaceutical industries, as well as the increasing demand for warehousing and logistics facilities, are expected to drive the growth of the industrial construction market in India. Rajiv Construction, founded in 1991 in Nashik, is a major player in this industry. Over the years, the firm has expanded its footprint to cover the states of Maharashtra, Gujrat, Kerala, Tamil Nadu, and Andhra Pradesh.
With expertise in all facets of heavy fabrication and civil construction, Rajiv Construction specializes in offering turnkey industrial construction solutions. From the early design
stage through the final building stage, the team will be able to handle all facets of the firm's clients' industrial construction demands, assuring a smooth and effective process. The business specializes in heavy foundation work for the automotive industry and provides a full range of services, from design to construction. “Our expertise and experience in this niche market allow us to deliver top-quality results that meet our client's specific needs and requirements. Whether it's a new building, an expansion project, or a renovation, we are equipped to handle it all, and deliver the project on time and within budget", says Soman Nair, Founder, Rajiv Construction.
Some of the key elements which Rajiv Construction strongly emphasizes include ensuring topquality deliverables including Proper Planning, Design, Material Selection, Site Management, Quality Control, and Documentation. The team at RC curates a clear plan and timeline with the necessary resources in addition to ensuring that the designs meet required specifications, codes, and standards and take into account environmental factors, safety, and sustainability. Furthermore, Rajiv Construction ensures that the materials utilized are correctly picked as they form a critical aspect of a structurally resilient project.
Using high-quality materials, the firm ensures durability, and longevity while also ensuring lower maintenance requirements. Rajiv Construction guarantees strong site management with the intention to monitor work and guarantee on-time delivery by reducing interruptions and diversions. The company does quality checks throughout the project's lifecycle to ensure everything runs well. In addition, the company keeps thorough work records for future use.
Future Ahead
“We started our journey with small residential construction projects in Nashik city. Our focus on learning and growing helped us to take on larger projects, and by the late 1990s, we secured our first big contract. Our commitment to providing competitive rates, high-quality work, and timely execution led to positive word of mouth, which played a major role in our growth", shares Soman. Through the years, Rajiv Construction has grown and has begun working on industrial projects in additional Maharashtra regions.
The company's stellar reputation preceded it, and RC was able to grow operations into more states, further solidifying the company's dominance in the sector. Rajiv Construction's long-term plan is for increasing the scope of its offerings to include commercial construction work and looking at possibilities for involvement in government-sponsored initiatives. The company has a strategy to get involved in the construction of inexpensive homes, and Rajiv Construction will be a significant step in the efforts to meet the market's growing demand for affordable housing alternatives.