Ep 33 | Ahmedabad’s Development, Shivalik AIF Fund and SIRE, Gift City, Credai | Ft. Chitrak Shah

Mr. Chitrak Shah, an industry leader with over 26 years of experience in the real estate realm. As a founder and MD of Shivalik Group, a renowned real estate development company in Gujarat, he has been instrumental in driving its success through a focus on technology and innovation.

He also the chairman of CREDAI AHMEDABAD and Mr. Shah also established the Shivalik Institute of Real Estate (SIRE),

in his commitment to bridging the skill gap in the real estate industry and nurturing talented individuals.

In this episode, we’ll dive into how 26 years of experience can enhance a real estate firm, the transition from SN Developers to Shivalik group, and the project selection process along with its advantages. We’ll also discuss Ahmedabad’s development, the establishment of the Shivalik Real Estate Institute, and the creation of Shivalik AIF Funds. Additionally, we’ll explore building a 360 degree ecosystem within the organization, all about GIFT CITY and its benefits, the responsibilities of the Chairman of CREDAI Ahmedabad, and much more

Timestamps:

00:00 Trailer

01:12 Introduction

01:53 Education Journey

02:15 Career Path

02:53 First Project

03:53 Initial Decade in Business

06:08 Gaining Exposure and New Insights

06:57 Transition from SN Developers to Shivalik

07:31 Building Shivalik's Brand Presence

08:12 Expanding Shivalik into New Cities

08:50 Project Selection Process

10:32 Ahmedabad’s Development Journey Over 26 Years

11:21 Working Across Different Asset Classes

12:34 Establishing the Shivalik Real Estate Institute

17:25 AIF Fund Overview

22:12 Furniture Business Insights

23:50 Interior Solutions

24:39 Creating Ecosystems

25:44 Gift City Development

28:58 Sales Trends in Gift City

31:20 Sales vs. Leasing in Gift City

32:36 Key Learnings from 26 Years

33:58 Challenges Faced in Real Estate

35:12 Responsibilities as Chairman of CREDAI Ahmedabad

38:57 Personal Life Reflections

40:29 Advice for Younger Generations

41:46 Conclusion

Host

Krish Jain, Head management at H.Rishabraj

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Facebook: ⁠⁠https://www.facebook.com/profile.php?id=61551195292538⁠⁠

Linkedin:⁠ ⁠https://www.linkedin.com/in/krish-harish-jain/⁠

Guest:

Mr. Chitrak Shah, Founder and MD Shivalik

Instagram: https://www.instagram.com/chitrakshivalik/reels/

Website:

https://www.shivalikgroup.com/