Jeevesh Sabharwal — Secret of huge empire of Jeevesh Sabharwal- he has led the business blooming into almost all spheres

Address:	8/19 Sahi, Hospital Road, Jungpura Extension, Delhi 110014
Website:	www.theshivamgroup.in

Emanated in 1996, Shivam Group is now one of the pre-eminent conglomerates in the real estate industry in India, having a plenitude of prestigious residential and commercial complexes, office buildings and townships to its credit over the past three decades.

Its presence spans across Delhi, Noida, Kolkata, Ahmedabad, Raipur, Pune, Chennai as well as Colombo. With the shifting epoch, Shivam Group has now extended its movement to contemporary shopping malls, resort, industrial estate, clubs etc. Shivam Group is your go-to place where you will find it all under one roof.

We bring Shivam homes- the edifice of luxury, elegance and panache. Offering a seamless mix of comfort, aesthetics & functionality, each and every space of Shivam articulates the saga of a lavish life wrapped with a dollop of glamour and magnificence.

The brainchild of Mr. Jeevesh Sabharwal and Mr. Naresh Sabharwal, Shivam Group is synonymous with innovation and excellence. At Shivam, we live by the maxim that reliability and trust are a part and parcel of our everyday existence.

With a fleet of prestigious residential and commercial complexes spanning across India, Jeevesh Sabharwal & Naresh Sabharwal has innovated with various formats and core projects including premium housing, essential housing, country homes and bungalows, specialty malls, office towers, I.T. buildings, hotels, new generation clubs, and resorts, serviced apartments, stadium and townships.

Jeevesh’s constant Endeavour is to deliver global standards and quality through each and every inch of our projects. With an aim to provide “A Home for Every Indian”, he embarked on his journey. Today our accomplishments cover 20 million sq. ft. of construction and more.We have a special taste in aesthetics which reflects in the innovations of the constructions, designs, layouts, fittings and fixtures.
The Group’s strength lies in delivery of its promises through meticulous planning, emphasizing on essential requirements such as importance of location, connectivity and convenience, budget limitation, backed by quality material, workmanship and after sales service followed by value addition to justify its success.

As a premium stakeholder of North City Projects, Jeevesh Sabharwal has come forward to extend the North City brand to Colombo with their signature project Deltair, an iconic 68 storied tower. It is designed by renowned architect, Ambika Sharma, who is renowned for designing the concept of Dexina Bay Sands Resorts, Casino and Shopping Mall at New Zealand.

Jeevesh’s sole aim is to create a living experience that leaves the impression of an enriched life with every passing day. It’s not about living today, but we gift you a lifestyle that talks about your tomorrow.

Mr. Jeevesh Sabharwal
Chairman
“Innovation and customer delight have been the pillars of our success over the past 30 years”, states Mr. Jeevesh Sabharwal, Managing Director. With a massive Pan India presence, that is escalating at 17% year-on-year approximately, Shivam Group is clearly poised for more growth in the upcoming days. We are not merely a real estate developer; rather, we are way beyond the tag of “property builders”. We live by the idea of transforming lives by leveraging superior technology and top-notch craftsmanship.

Going forward, we always strive to surpass expectations and provide value homes to consumers nationwide. This is why, strategic thinking has been our primary endeavour always. Since inception, we are focused on upgrading and enhancement of the brand experience through thoughtful innovation.

Jeevesh Sabharwal has always opted for a three-fold business strategy. Creating loyal and transparent relationships is the essence of the brand Shivam.

Mr. Naresh Sabharwal
Managing Director/

With deep roots in the real estate sector for the past 3 decades, Shivam Group has emerged as one of the most trustworthy builders in Western India. We employ a cutting edge approach to real estate investment that delivers results. We take pride in shaping the future of the community in which we live and work. We methodically analyze each investment opportunity to deliver and exceed expectations of each and everybody associated with Shivam Group. We are committed to making the experience of purchasing and selling a home, a worry- free encounter.

We ensure that all business information is honestly and accurately recorded & reported in compliance with applicable laws which create a sustainable work environment which breeds a healthy & happy culture.

Finding a balance of space, where employees can interact & a private space where employees individually can focus is ideal. With a team of skilled industry experts our constant endeavor is to focus on what the customer needs and create loyal relationship with all those who are associated with Shivam Group.

Through sound financial management, strategic marketing & consistent operating policies, we are working towards providing “A Home for Every Indian” and become the most trusted name in the real estate industry Pan India.

The year 2021 was meant to be a year of recovery for the Indian real estate sector, especially the housing segment, Jeevesh Sabharwal says
After three years of business disruptions caused by demonetization, implementation of GST and the realty law RERA, and the NBFC crisis, the market had started stabilizing. But all hopes were thwarted as the COVID-19 global pandemic hit India, forcing the government to impose a national lockdown from March 25 last year to curb the spread of the deadly disease.
Instead of recovery and growth, 2020 brought more pain and distress in the realty sector, shaving off 40-50% of business in the residential segment from an already low base.

Jeevesh Sabharwal, managing director of Shivam Group, shares his company’s game plan to tackle the crisis.

How far the pandemic will prolong the recovery in the residential real estate?
Jeevesh Sabharwal: It all depends on how long this pandemic will last. And like I said earlier also, in the long run, only companies with a strong balance sheet, good governance and a good brand will have a positive impact because it will be the survival of the fittest.

What do you think about recent measures announced by the Reserve Bank of India?
Jeevesh Sabharwal: The government needs to create an environment that is compelling for buyers to buy. This will bring in the much-needed liquidity that the markets are looking for.

What is Indian Real Estate industry wishlist?
Jeevesh Sabharwal: We want the government to create the right sentiments for people to buy their home. As the real estate sector supports around 250 other ancillary industries, the government should consider increasing tax sops on the purchase of residential units that would help create a ripple effect on the overall economy. Following the Maharashtra model, other states should cut stamp duty to create a win-win situation for all stakeholders. Maharashtra has demonstrated that the move benefited buyers as well as developers. And interestingly, the revenue of the state exchequer swelled as well.
With NBFCs still facing a liquidity crunch, the government can look at the possibility of creating more schemes like the Rs 25, 000-crore Special Window for Affordable and Mid-Income Housing (SWAMIH) to ensure expeditious completion of all stalled and stressed projects. Such schemes would help unlock funds for banks and lending institutions and ensure that homebuyers get possession of their dream homes.
The government should also consider extending the Credit Linked Subsidy Scheme (CLSS) for middle-income group (MIG), under which an upfront interest subsidy o[censored]p to Rs. 2.7 lakh is provided to first-time homebuyers beyond March 31, 2021.

What is the way ahead for Indian Real Estate industry?
Jeevesh Sabharwal: How the budget pans out for the real estate sector, only time will tell, but one thing is for sure, strong fundamentals are vital for the revival of housing demand. The pace of revival can quicken, provided the government extends a helping hand and injects enough stimulus to boost the sector and the overall economy. However, one needs to be cautiously optimistic with the pandemic still a cause for concern.

What do you expect from the government for the sector?|
Jeevesh Sabharwal: We want the government to create the right sentiments for people to buy their home. In its bid to help the real estate sector survive this unprecedented health crisis, the Centre did announce various measures. These included invoking the 'Force Majeure' clause under the RERA to extend project completion deadlines by 6-9 months, the extension of interest subsidy for the middle-income group, and relaxing tax rules to allow sales of homes valued up to Rs 2 crore at a 20% discount to circle rate.
Industry players welcomed these steps, but the sector needed many more interventions on the demand side for meaningful growth.

Are you using any digital channels complete your sales?
Jeevesh Sabharwal: Shivam group is among the first real estate companies to go digital in marketing our projects. Customers continue to enquire and are waiting for the lockdown to end because real estate is a touch and feel product, and most people would want to see what they are buying before they pay. Transactions will happen online, but physical visits to apartments will continue to happen for a long time to come. These are early days, but the response so far has been tremendous, and this is here to stay.

Do you believe sales should actually be picking up?
Jeevesh Sabharwal: People surely want to get comfortable homes for themselves to stay. This is the yardstick, sales should actually be picking up. I also believe because of the financial stress most developers are going through, there will be a huge supply constraint, which in turn will help maintain the prices or may even push up the prices of ready-to-move flats.

There are people who may have the world at their feet, but their wealth is kept in the background and their feet firmly planted on terra firma. They work, they party and they enjoy life to the fullest doing it all in their own time, in their own private space. Jeevesh Sabharwal belongs to this class of people.
Jeevesh Sabharwal may be a construction magnate but at home he is just "dad´ with all the time in the world to fix up the table-top pasta machine and indulge his daughter in making fresh pasta and milk shakes.
Anyone who knows Jeevesh knows what a big-time foodie he is. Jeevesh Sabharwal will go miles in search of a perfect biryani. His weakness is not some fancy world cuisine, but Indian and that he love to eat chicken. No snob value for this gentleman. But that´s how much he loves Indian food and will be least embarrassed about doing any such thing.
Jeevesh Sabharwal is considered quite a whiz kid in the corporate circle. Real estate development is his core business and he has in his blood, residential, commercial, malls, schools, hospitals and even hotels built by his company, the Shivam Group known to have a great value system and a reputation for not over trading, delivering high quality projects on time, etc, etc.
Coming from a family with a strong business background, he was introduced to the tricks of the trade quite early on in his life. “The mind is like a parachute. It works only when it is open' – is what he lives by. “A major part of the battle is to like what you do. If you like what you do, the rest will fall into place, ” he enunciated.
“Being born in a family of entrepreneurs automatically makes you an entrepreneur. Our parents are very good sounding boards to each other and whenever one has a problem; they speak about it to the other. As we grew up, both my sister and I heard a lot of this and it automatically fuelled my entrepreneurial spirit, ” shared Jeevesh.
"My dad, Naresh Sabharwal, who started the company 25 years ago always said, "carry people with you, help them progress and get rich, too.´ Operating and expanding on that simple philosophy is the hack of what I have achieved till now, says Jeevesh Sabharwal.
After two decades of spectacular growth, Shivam Group is at a stage where the company has acquired immense experience, consolidated and established assets – physical and intellectual, while at the same time retaining youthful energy and zeal. Shivam Group roadmap for future development envisages expanding the current areas of operation through more and more challenging projects and also foraying into related areas in infrastructure with innovative projects.
Starting from a humble beginning, Jeevesh Sabharwal with his imagination and application has led the business blooming into almost all spheres ranging from realty development & construction to hotels, infrastructure projects and educational institutions.

Jeevesh Sabharwal has taken upon the mantle of furthering the Group’s business to new horizons. As the Managing Director of the company, he is fashioning new strategies for extending Shivam’s brand name to new areas and geographies.
Today Shivam Group is one of the most respected and trusted names in the Real Estate Sector. In observance of the Government’s new Housing Policy, the group aims to provide better dwelling units for the urban poor with unique emphasis on environmental improvement and social forestry.
The company has been rendering its expertise in envisioning, building, and developing residential, commercial and affordable infrastructure. Expanding their presence in North India, the company has developed multiple real estate projects in the states of Delhi/NCR, Punjab, Jammu and Kashmir and Maharashtra (Nasik).
For future development, Shivam Group envisages expanding the current portfolio through more challenging projects and foraying into related areas in infrastructure with innovative projects. The company focus is to drive growth by venturing further into tier II and tier III cities of the country.

Jeevesh Sabharwal, Managing Director, Shivam Group, wears a business suit if he is at the office or at one of his sites.

To ensure uninterrupted construction work post lockdown, the developers are taking care of families of labourers and even offering Rs. 2000 under referral scheme, if the labour gets a new worker to enrol. Real estate developers, who are racing against time to complete the project, are providing medical and sanitisation facilities also at the construction sites.

New Delhi based The Shivam Group has been supporting 9, 515 labor families and not only extended economic but also psychological support to them.

“It was a challenge to deal with them psychologically to make them believe that nothing wrong will happen despite the pandemic. These worker families are the worst hit in all aspects due to this pandemic and we are supporting them as much as possible so that they remain here for their safety, ” said Jeevesh Sabharwal, CEO and Founder, The Shivam Group.
The Shivam Group is also taking steps to employ labourers who have returned from cities.

“We are providing quality labour accommodations with air cooled prefab structures. We have also started refferal scheme for every labourer to earn Rs 2000 for getting a new labour to enrol. Besides, recruiting agents are being sent to Rajasthan, Bihar and UP, ” said Jeevesh Sabharwal.