Thursday, 13 July 2017

Chitrak Shah – The Man Who Re-Defined The Real Estate in India!

To emerge as a successful entrepreneur is not easy and requires persistent pooling of hard work and determination coupled with the refined acumens. Also, the ability to dynamically adjust with respect to the market conditions generates edge and competence viz a viz the competitors. Such attributes have been found rarely in one individual and therefore the business and enterprising world seldom gets a star like Chitrak Shah, the name that has now become synonymous with the Indian real estate. Chitrak is currently the Managing Director at Shivalik Real Estate Group which is one of the most prominent realty players of India. He began his journey almost 20 years back when he was inducted as a trainee in the nascent real estate venture set up by his father Mr. S N Shah in 1996.

Chitrak Shah – a man of mettle

Beginning as a trainee, Chitrak Shah started at the lower levels and this proved very important for him because he got to learn the nuances and challenges involved in the execution levels. Working for five years in the real estate projects, he not only developed understanding about the industry but also developed a passion for ‘more and better’ which led him to innovate, especially along the dimension of architecture and designs. Today, Shivalik Group is known for creating architectural marvels in the segments of commercial and residential property. His passion for better and more functional design of housing and market spaces led to his recognition through various awards. He was awarded by GIHED in 2011 for designing ‘Best maintained Bungalow’, ‘Best maintained Office Complexes’ and ‘Best Shopping Centers’. He has been also conferred the prestigious Business Knight award in Gujarat state while The Economic Times recognized his Shivalik Group as the Best Realty Brand in 2015. Such awards and recognitions speak of his mettle and distinctness that he now has at his credit.

Chitrak led expansion of Shivalik Group at a fast pace

Chitrak Shah’s success in the realty sector was because of his ability of strategic decision making due to which he sensed each time the market trends and came up with the resonant projects of high value. There was always a risk factor involved but Mr. Chitrak pooled his acumens in a manner that the challenges were transformed into the vibrant opportunities for growth. There was never dearth of clients for the houses he built. Shivalik Arcade, the first commercial project was rolled out in 2000 and then after, there was no stopping for him. Rajkot and Surat became the new centers of his activity and the expansion has been continuing throughout. Today, Shivalik Group is a trusted brand of real estate sector not only in Gujarat but whole of India.

Chitrak’s achievements in other fields

Chitrak Shah also ventured into the hospitality space and established the Platinum chain of hotels and later on set up a restaurant business under the banner of Qwiches which as of date runs no less than 9 eateries in Gujarat. He is also a member of GCCI and FICCI, a Member of Ahmadabad Angel Network and Co-Founder of EO-Gujarat.

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