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Mumbai", said Joshi. Besides, the sizes of the apartments are also becoming smaller and prices are becoming more appropriate. "Earlier a two-bedroom apartment would cost Rs 2.25 crore but today, we are launching it at Rs 1.5 crore (in Mulund)," he said. Furthermore, he included, "Today, we ensure a clubhouse is ready with the first customer's handover." L&T Realty is stepping mindfully despite a couple of good residential launches and with the RERA in effect, developers must stay aware of client commitments. Not only does the organization guarantee promise timely ownership of homes, but it also guarantees that comforts like clubhouses are prepared with quick possession. In the current testing market, developments like L&T Realty have an edge because of a solid brand name, budgetary muscle and development capacities.
454:, on January 19 2018, Joshi with L&T Realty addressed the arranged development of three SBDs (secondary business districts) in, Kharbao (Bhiwandi), Nilaje (Kalyan) and Shedung (Panvel) according to the ongoing Maharashtra government provincial arrangement. These new improvements will increase openings for work in locales around Vasai-Virar, Mira-Bhayander, Thane, and Bhiwandi. Joshi said, "Unlike the prior generation, the millennials aren't keen on spending a few hours of their workday travelling, urging realty developers to plan markets closer to where the labour force is, Seawoods Grand Central one of the few transit-oriented developments in India."
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472:, featured an article by Joshi. The article states that the real estate sector is being propelled by advancements in three major constituents: government, judiciary, and customers. Recently introduced reforms like the goods and services tax (GST), Real Estate (Regulation and Development) Act (RERA), and the Benami Transactions (Prohibition) Amendment Act have streamlined transactions. Many legacy processes have been overhauled, and several approvals now need no manual intervention, thanks to an overall push towards digitization.
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Bengaluru. Our projects, Emerald Isle, Phase-II in Powai, have drawn an unprecedented interest, generating around 2,000 walk-ins in 120 days. Also, the sales velocity at our maiden project in
Bengaluru is at an all-time high. Our total gross sales for Q3 FY17-18 stand 20 per cent higher than the sales of Q3 FY16-17," said Joshi to
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development of over 3 million sq. ft comprising over 2,000 apartments will be developed in phases spanning seven to eight years and has an estimated project revenue of close to Rs 5,000 crore" said Mr Joshi. This land package involves roughly 20-acres on the LBS Marg in Mumbai's north-focal region of Mulund.
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had rented an area of 105,000 sq. ft. in L&T Realty's office complex, Seawoods Grand
Central in Navi Mumbai, as office space, with further headway to extend to an extra 28,000 sq. ft. of built-up area. With this total take-up region of 133,000 sq. ft, it is the second-largest office area lease in
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Joshi started his profession with Wipro, being employed at the IIM Ahmedabad grounds; he had a long and effective incumbency of 13 years from 1983 to 1996. He was one of the founders of Wipro
Lighting, one of the quickest, developing, lighting arrangement organizations in India. He was additionally
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published an article featuring Joshi, who mentioned that L&T Realty sold 490 apartments out of the 510 it launched in the
Seawoods area of Navi Mumbai – a huge success in an otherwise sluggish market. "The company is seeing good customer interest in the already launched project at Mulund in
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Under the guidance of Mr. Shrikant Joshi, L&T Realty received the 'Recognition For Being Among The Best In The
Industry' by The Great Place to Work Institute India, for inspiring trust, instilling pride, and creating an environment that promotes camaraderie and making L&T Realty one of
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In his present position, he is accountable for L&T Realty's long haul vision to make a supportable and solid real-estate business. L&T Realty directly builds up a wide exhibit of top-of-the-line residential developments to incorporated townships, business and retail spaces over several
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industry is in a revival in residential deals as information from Q3 FY18 showed positive signs towards home purchasers demonstrating interest. "There has been a revival in residential sales in the Q3 FY17-18. L&T Realty has seen an uprise in sales across our three projects in Mumbai and
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On August 2, 2017, Joshi reported that there would be an agreement between L&T Realty and Nirmal
Lifestyle Developers to collectively develop a project. "With this launch, L&T Realty would be developing close to 15 million sq. ft of residential space within Mumbai alone. The proposed
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On May 26, 2017, Joshi reported the arrangement to launch three retail shopping centres enveloping a region of 1.2 million sq ft in
Hyderabad by the end of the year. The extent of the undertaking was a surprising 18.5 million sq ft and it has an installed travel zone (Metro station) in its
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franchisee working in India under his leadership. Their home endorser base reached over 1,00,000 subscribers. Sify was the initial organization to launch high-quality internet telephony in
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for the
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where his distinction drove him to lead the organization in 2008 as their CEO, proceeding to serve in the organization for an additional three years before joining
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On July 4, 2018, Joshi addressed the IIM Ahmedabad 2018-19 PGPX batch on the topic, "Real Estate
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Shrikant Joshi receiving the 'Real Estate CEO of the Year 2017' award at Grohe Hurun Real Estate Leadership Summit in
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Exemplary Contribution to the Real Estate Industry' at Times Real Estate Awards & Conclave 2023
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In the commercial real-estate space, Mr Joshi has driven the improvement of India's first
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On September 8, 2017, Joshi stated that the global pharmaceutical company
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India's Best Workplaces in Indian Real Estate Industry.
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2018 – present: Director, L&T Metro Rail Hyderabad
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2019 – present: Member, Board of Governors, IIM Ranchi
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703:"L&T Realty banks on large projects"
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