Rise of a New Age Realtor
“I aspire to build an iconic realty project to mark Indore on the international radar.”
– Abhishek Jhaveri, Managing Director, Silver Springs
At age 16, when most teenagers are trapped in uncertainties of choosing the right future path, Abhishek Jhaveri was already working on his first realty project.
Hailing from a family dealing in realty business for years, he made an early start by joining father and famous real estate player Mukesh Jhaveri.
Abhishek says, “I have learnt everything from my father. He paved way for my early start.” The first five years gave him the needed insights into the realty industry. By the time Abhishek was 20, he was not only fully conversant with the nuances of running a large real estate business but also fully appreciated the vast potential of this segment in Indore.
He adds, “While my family background made me choose the realty industry, the immense market opportunities drove my passion further.”
After investing 15 long years in real estate, he thinks, “To say, ‘I want to do that because I have seen other people do it and it works’, is not enough. You need to have something that isn’t obvious, and you have got to have faith in it and stick with it.”
[pullquote-right] “While my family background made me choose the realty industry, the immense market opportunities drove my passion further.” [/pullquote-right] The city of Indore is definitely transforming in size, demographics and business opportunities. It is getting close to becoming a metropolitan. What I like about Indore is that it gives me a balance in my life – both socially and professionally. It has best of both the worlds – while you have new malls cropping up every day, that ‘small town connect’ is also not lost.
When asked about his inspiration, he shares, “As long as you enjoy what you are doing, that in itself keeps you inspired and self motivated. You must enjoy the process.”
“Silver Springs is closest to my heart; it has been my favourite, most challenging project. Dream Projects require a lot of work and sacrifice – especially at the beginning; so it is crucial to have a strong passion for whatever you are doing because you will need that passion and drive to keep you going through the tough times too.”
Also, in a rapidly changing global market scenario, innovation holds the key to business success. “Sometimes business people ignore the creative side until they really need it. Making sure that your life has a balance of the arts is a great way to stay engaged creatively. The same is what we install in our projects as well. We bring in a certain wow-factor in every concept, every design to ensure we have that creative balance.”
[pullquote-left]“One important lesson my father taught me is ‘to be a good professional, one has to be a good human being’. This became the very foundation of how I perform in business, and in life too.”[/pullquote-left]On his mantras of success – what made him Abhishek Jhaveri – he shares, “I have three simple mantras of success: Firstly, there really is no substitute to hard work; secondly, nothing works better than honesty; a businessman should practice this; it is not a duty of the saints. And finally, believe in the age-old tradition of karma. Perform the action without getting bothered with the results. It usually works.”
“I have always kept myself away from cut-throat targets and unhealthy competition. The idea is to stay happy with who you are and what you have.”
Abhishek ponders, “One important lesson my father taught me is ‘to be a good professional, one has to be a good human being’. This became the very foundation of how I perform in business, and in life too.”
“We, as a group, have a history of responsible business conduct. We strongly believe that real business success is not just about profits measured in numbers but also, as importantly, about how those numbers are achieved. Our corporate strategy reflects our commitment to sustainable business practices, quality realty products and balancing responsibility alongside growth.”
Jhaveri Group projects have been frontrunners in defining the landscape and direction of new Indore. On his vision for the upcoming decade, Abhishek says, “I would like to do a highly iconic project, as memorable as the Twin towers of Malaysia, in Indore; something that stands as an example for centuries; something that redefines Indore for the country and the world.”